{"Slug":"studio-309-408-lonsdale-st-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/studio-309-408-lonsdale-st-melbourne-vic-3000","Address":"309/408 Lonsdale St, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Studio","Status":"For Sale","Headline":null,"Description":"An exceptional opportunity for investors seeking attractive rental returns and an affordable entry into Melbourne's CBD property market. Generating an approximate 10.7% gross rental return, this fully furnished studio apartment offers an appealing investment proposition, with an existing lease of $1,955 per month secured until January 2027, providing established rental income.Immaculately presented and designed for easy maintenance, the apartment features a well-appointed kitchen, practical open plan layout, large windows providing abundant natural light and a private bathroom. The furnished offering further enhances its convenience and rental appeal.Investment Highlights:•\tApproximately 10.7% gross rental return•   Lease secured until January 2027•\tExisting rental income of $1,955 per month (potential rental uplift for higher yield after January 2027)•\tFully furnished and immaculately presented•\tFunctional, low maintenance studio layout•\tSecure building entranceUnbeatable CBD Convenience:•\tMoments from Melbourne Central and Queen Victoria Market•\tClose to RMIT University and Melbourne University•\tEasy access to train stations and public transport•\tWalking distance to Flagstaff Gardens, Bourke Street Mall and Melbourne's major shopping and dining precinctsWith an established tenancy, attractive rental yield and sought after CBD position, this property presents a compelling opportunity for investors prioritising rental income and a manageable investment in Melbourne's inner city market.Attractive returns. Established rental income. Prime CBD location. An investment opportunity not to be missed!*Inspection by Appointment Only.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$220,000"},"Bedrooms":null,"Bathrooms":"1","Parking":null,"Features":[{"Name":"Bathrooms","Value":"1"},{"Name":"House Size","Value":"31 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.81258981,"Longitude":144.96040586,"Agent":{"Name":"ST Hew","CanonicalUrl":"https://realsearch.com.au/agent/st-hew"},"Agency":{"Name":"CT Real Estate","CanonicalUrl":"https://realsearch.com.au/agency/ct-real-estate"},"CreatedAt":"2026-11-05T09:40:12.6988429","UpdatedAt":"2026-11-05T09:40:12.7184977"}