604/127-133 Leicester Street, Carlton, Vic 3053

$165K - $175K

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Tuesday, August 04, 2026 ( See property details for 604/127-133 Leicester Street, Carlton, Vic 3053)

$165K - $175K

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

Contemporary, low-maintenance studio apartment in the heart of Carlton, offering excellent investment potential and city fringe living convenience.

🏡 Property Highlights

  • Leased at $370 per week with fixed lease until January 2027
  • Prime Carlton location close to universities and CBD
  • Open-plan studio layout with natural light
  • Secure building with lift access
  • Low-maintenance, easy-care living
  • Ideal for investors and first home buyers

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Floorboards
  • Internal Laundry
  • Balcony
  • Gym
  • Broadband
  • NBN / High-Speed Ready
  • Secure Parking

Carlton is a vibrant inner-city suburb renowned for its diverse dining, cultural attractions, and excellent public transport links. It offers a lively lifestyle with easy access to Melbourne’s CBD, renowned universities, and iconic markets. The area boasts a mix of historic architecture and modern developments, making it ideal for students, professionals, and investors alike. With its walkability and vibrant community, Carlton remains one of Melbourne’s most sought-after suburbs.

What are the key features of this apartment?
This apartment features an open-plan layout with natural light, a built-in study desk, modern kitchenette with quality appliances, private bathroom, secure building access with lift, and low-maintenance living spaces.
Is the property currently leased, and what is the rental income?
Yes, the property is leased at $370 per week until 29 January 2027, providing immediate rental income for investors.
What are the benefits of buying in Carlton?
Carlton offers a vibrant lifestyle with proximity to universities, Melbourne CBD, public transport, cafes, and cultural attractions, making it ideal for professionals and students.
What amenities are nearby?
The apartment is close to Melbourne Central Shopping Centre, Queen Victoria Market, tram routes, and a variety of cafes and restaurants.
Is the building secure?
Yes, the building features secure access with lift facilities, ensuring safety and convenience for residents.
Are there any upcoming strata or body corporate fees and special levies? Are there any restrictions or easements affecting the property? Has the property been recently renovated or inspected for defects? Are there any planned developments or construction nearby that could impact the property? What are the long-term zoning and planning regulations for this area? Is there any history of flooding or bushfire risk in this location? Are there any additional costs for maintenance or building management? Is the property compliant with all building codes and safety standards? Are there any restrictions on lease renewals or subletting? What are the parking arrangements and are there any associated costs?

604/127-133 Leicester Street, Carlton, Vic 3053 - More Details

$165K - $175K

Stylish Carlton Living or Smart Investment – Leased Until January 2027

Perfectly positioned in the heart of Carlton, this contemporary studio apartment presents an exceptional opportunity for both investors and future owner-occupiers. Currently leased at $370 per week ($1,608 per month) until 29 January 2027, it offers immediate rental income with the flexibility to move in once the lease expires.

Designed for low-maintenance inner-city living, the apartment features a practical open-plan layout with a bright living and sleeping area, built-in study desk, generous storage solutions and a modern private bathroom. The well-appointed kitchenette provides everyday convenience, while the thoughtfully designed floorplan maximises both comfort and functionality.

Whether you're looking to expand your investment portfolio or secure an affordable city-fringe residence for the future, this apartment offers outstanding value in one of Melbourne's most sought-after locations.

Property Features:
- Currently leased at $370 per week ($1,608 per month)
- Fixed lease until 29 January 2027
- Open-plan studio layout with excellent natural light
- Study desk and built-in shelving
- Modern kitchenette with quality appliances
- Private bathroom with shower and storage shelving
- Low-maintenance and easy-care living
- Secure building with lift access
- Ideal for investors, first home buyers and city professionals

Prime Carlton Location:
- Walking distance to the University of Melbourne and RMIT University
- Moments from Melbourne CBD and Queen Victoria Market
- Close to Melbourne Central Shopping Centre and public transport
- Surrounded by Carlton's renowned cafés, restaurants and lifestyle amenities
- Easy access to tram routes and major city attractions

Offering the perfect combination of convenience, affordability and investment security, this is an opportunity not to be missed. Purchase now and enjoy immediate rental returns, with the option to make it your own home when the current lease concludes.

A fantastic city-fringe opportunity in one of Melbourne's most vibrant and connected neighbourhoods.

Contact us today for more details!
Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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