Wonderful for both investors and keen city dwellers, this low-maintenance one bedroom apartment is a modern and affordable entry for any buyer wanting a piece of the CBD property market. You’re positioned right in the heart of the city close to eateries and cafes on Hardware Lane, Melbourne Central shops, QV Melbourne, Queen Victoria Market, RMIT University and Flagstaff Gardens.

Accommodation: This 6th floor apartment in Elm Tower’ features a great balcony which is south-facing and offers up a built-in wooden caf bar perfect for alfresco meals and drinks, relaxed living/meals zone, tiled kitchen with Smeg appliances including a dishwasher, bedroom with a mirrored built-in robe, and a bathroom with laundry facilities. You’re also surrounded by great public transport including being in the free tram zone.

Features: Ducted heating and cooling, secure intercom, building manager, access to indoor pool, spa, and gym.

MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $340,000

INDICATIVE SELLING PRICE: $300,000-$330,000

COMPARABLE SALE 1: 1505/280 Spencer Street, Melbourne. SOLD $310,000- 06/11/2017- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 2: 518/99 A’Beckett Street, Melbourne. SOLD $304,000- 13/11/2017- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 3: 212B/11 Rose Lane, Melbourne. SOLD $335,000- 13/10/2017- 1 Bed, 1 Bath, 0 Car.