Turnkey CBD Investment | Furnished | Secure Income Until July 2027
Perfectly positioned in the heart of Melbourne's CBD, this fully furnished and tenanted studio apartment at 160 Little Lonsdale Street represents a rare opportunity for investors seeking immediate, hassle-free rental income with compelling growth upside.
The Investment Case
Currently leased until 14 July 2027 at $1,955 per month, this property is generating a gross rental yield of approximately 9.4% at the listed price — well above the Melbourne unit market average of 7.97%. With comparable furnished units in the building and precinct now achieving $550–$570 per week, the next lease presents a meaningful rental uplift of 22–27% for the incoming owner.
No vacancy risk. No setup costs. No furniture to source. Simply settle and collect.
The Property
Situated on Level 1 of the well-maintained complex, this intelligently designed studio offers:
- 1 bedroom | 1 bathroom | private balcony
- 26m² internal + 4m² balcony = 30m² total
- Fully furnished including all white goods — completely move-in ready
- Built 2003 | Capital City Zone CCZ1 — Schedule 1
- Council: City of Melbourne
The Location
Nestled on Little Lonsdale Street, one of Melbourne's most coveted CBD addresses, the property sits moments from:
- Melbourne Central, QV and Emporium shopping precincts
- Royal Melbourne Hospital and Melbourne University
- Flagstaff Gardens
- Excellent tram and train connections on your doorstep
- World-class dining, cafes and entertainment
Summary of Investment Figures
- Listed price: $275,000
- Current rent: $450/week ($1,955/month) — lease to 14 July 2027
- Gross yield at listed price: approx. 9.4%
- Projected rent (post-lease): $550–$570/week
- Projected yield at $275k (post-lease): approx. 10.4–10.8%
- Sold fully furnished including all white goods and fixtures
