Apartment 214, 48 Wellington Parade, East Melbourne, VIC 3002

Hotel/Leisure

For Sale

  • Property ID: 448061
  • Floor Area: 23m²
  • Occupancy: Vacant
Modern Studio Apartment in Prime Location. Investment Opportunity.

Surrounded by some of Melbourne’s most iconic attractions, Apartment 214 is a stylish studio apartment filled with a plethora of natural light. Priced to sell quickly, this attractive apartment is ideal for the smart investor looking to expand their investment portfolio.

Apartment 214 features:
- Investment opportunity
- Existing 5-year lease returning $16,120 per annum
- Annual 4% increase every 12 months
- 4 x 5-year options
- Kitchen with full amenity
- Generously sized bathroom and shower
- Private balcony overlooking the street treeline

Situated in the heart of the highly sought after suburb of East Melbourne, 48 Wellington Parade is just a short walk to Melbourne’s most prestigious highlights including the MCG, AAMII Park, Rod Laver Area and the city’s renowned shopping and entertainment hubs. With Jolimont Station and multiple tram and bus lines right at your doorstep, this highlighted location is accessible from all parts of the city.

Call now to book an inspection on 03 9863 8888.

East Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $500 ---
Retail --- $500 ---
This is the average advertised price, rent and yield for East Melbourne, VIC 3002*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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