204a/8 Exploration Lane, Melbourne, VIC, 3000, Australia
1
1
Nearest stations
Parliament
471M (6 mins)
Melbourne Central
508M (7 mins)
Flinders Street
999M (12 mins)
V1.0
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About this Property
Positioned on the 2nd floor and quietly tucked away within a secluded CBD laneway, this one-bedroom apartment presents an exciting opportunity for those looking to renovate, refresh and create something of their own. The property offers plenty of scope to transform the existing space and unlock its full potential, with natural light, a fantastic city location and a blank canvas ready for a creative vision. Ideal for renovators, investors or buyers looking to secure a foothold in the heart of Melbourne.
- 1 bedroom
- 1 bathroom
- Living and dining with terrace
- Quiet laneway setting
- Scope to further personalise and improve
- Ideal first home, investment or city base
- Currently not in rentable condition
- Owners corporation fees: $650 per quarter approx..
- Council rates: $348 per quarter approx.
- Water Rates: $198 per quarter approx.
- Once renovated could achieve up to $450-$500pw
Enjoy the ultimate in city convenience with Melbourne Central, QV, RMIT University, the State Library and Chinatown all within easy reach. An abundance of cafés, restaurants, retail and entertainment options are right on your doorstep, while multiple tram, train and transport options make getting around Melbourne effortless.
It is assumed that fixtures and services are operational; however, no warranty is given. Purchasers are advised to satisfy themselves through their own inspections and enquiries.
Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.
The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
* Estimated based on 4% annual rental yield and a $0 property value. Weekly rent estimated at $0 ($0 ÷ 365 x 7 days). Prepayment capped at $100,000. Subject to approval.