1004/131 Pelham Street, Carlton, Vic 3053

$155k ~ $165k

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Thursday, April 30, 2026 ( See property details for 1004/131 Pelham Street, Carlton, Vic 3053)

$155k ~ $165k

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located student apartment in Carlton offering excellent rental income and convenient access to Melbourne's key educational and entertainment precincts.

🏡 Property Highlights

  • Prime location within walking distance to Melbourne University and RMIT
  • Currently leased at $1868 per month until January 2027
  • Ideal investment opportunity with strong rental income
  • Convenient access to Melbourne City Centre, Queen Victoria Market, and Lygon Street
  • Secure building with security entrance and communal amenities
  • Includes bike storage and onsite laundry facilities

✨ Key Features

  • Security Entrance
  • Communal Laundry onsite
  • Lifts to all Levels
  • Bike Storage
  • Gas included in the rental
  • Wifi available through Superloop
  • Open-Plan Living
  • Built-in Robes
  • Single Storey
  • Pet-Friendly

Carlton is a vibrant inner-city suburb renowned for its academic institutions, diverse dining options, and cultural attractions. It offers excellent walkability, easy access to public transport, and a lively community atmosphere, making it ideal for students and investors alike. The area features beautiful parks, historic architecture, and a range of entertainment venues, ensuring a dynamic lifestyle for residents.

What are the main benefits of investing in this Carlton apartment?
This apartment offers a strong rental income, a prime location close to Melbourne University and RMIT, and access to communal amenities, making it an excellent investment opportunity.
Is the property suitable for students or long-term tenants?
Yes, its proximity to major universities and city attractions makes it highly attractive to students and long-term tenants seeking convenient inner-city living.
What amenities are included with the apartment?
The property features security entrance, communal laundry, lifts to all levels, bike storage, and wifi access through Superloop.
What is the current rental income and lease term?
The apartment currently generates approximately $1868 per month ($431 per week) and is leased until January 2027.
Are there any additional costs or fees associated with the property?
The rental includes gas, and wifi is available through Superloop; other costs such as council rates or strata fees should be verified.
Are there any upcoming maintenance or renovation works planned for the building? What are the strata or body corporate fees, and what do they cover? Are there any restrictions on leasing or subletting the property? Has the property been inspected for any structural or pest issues? Are there any zoning restrictions or easements affecting the property? What are the potential risks of flooding or bushfire in this area? Is there any planned development nearby that could impact the property? Are there any noise or nuisance issues from neighboring properties? What are the long-term vacancy rates in the building or area? Are there any additional costs for utilities or building management?

1004/131 Pelham Street, Carlton, Vic 3053 - More Details

$155k ~ $165k

Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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