10% (approx.) High-Yield Investment Opportunity: 3-Bedroom Apartment at 1409/270 King Street, Melbourne
$517,000Sold on 16 September, 2025
This meticulously designed 3-bedroom, 1-bathroom 1 Car park apartment represents a prime investment opportunity in Melbourne’s vibrant city center. Positioned for strong returns with an approximate 10% gross rental yield, this property is a top choice for astute investors seeking a high-performing asset in a supremely sought-after location.
The apartment combines practical, modern finishes with an intelligent layout, making it highly attractive to the lucrative rental market of professionals, students, and small families. Its position ensures it remains in constant high demand, just steps from Melbourne’s world-class amenities.
Property Features for Maximum Appeal & Low Maintenance
• Modern, Durable Interiors: Features easy-care floorboards throughout the living areas and practical built-in linen cabinets for ample storage.
• Energy-Efficient Living: Fitted with cost-effective LED downlights throughout and split-system air conditioning for year-round tenant comfort.
• Spacious, Practical Bedrooms: Three generously sized bedrooms all include built-in wardrobes, with the master suite boasting a large walk-in robe.
• Modern Kitchen: Functional U-shaped kitchen with stone benchtops, gas cooking, a dishwasher, and a built-in pantry, perfect for tenants.
• Contemporary Bathroom: Central bathroom with a spacious walk-in shower, vanity, and quality fixtures.
• Private Balcony: Offers valuable outdoor space for tenants, extending the living area.
Building Amenities for Tenant Satisfaction
• Secure parking facilities
• Modern elevator access
• Secure building entry systems
• On-site laundry facilities
Location Highlights: The Key to High Rental Demand
The property’s unparalleled location is the primary driver of its exceptional rental yield, placing tenants within easy walking distance of everything:
• Major Transport Hub: Only a 12-minute walk to Southern Cross Station (rail, regional, and airport services).
• Employment & Entertainment Hubs: Minutes from the Melbourne Conference Centre and Crown Casino.
• Dining & Retail Precincts: Surrounded by endless restaurants, cafes, bars, and major shopping districts.
• Education Providers: Proximity to Docklands Primary School, University High School, and language schools attracts a diverse tenant pool.
• Lifestyle & Recreation: Easy access to the Yarra River, parks, and green spaces.
This is a turn-key investment property designed for maximum return with minimal fuss. Its strong approximate 10% gross yield, high-demand features, and unbeatable location make it an outstanding addition to any portfolio.
Enquire today to secure this high-yield investment opportunity.
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