OPEN FOR INSPECTION

With a magnificent and sun filled Northerly view, this one bedroom penthouse gem offers buyers a great opportunity to buy as either a first home, a city pad or a lucrative investment property offering a 7% return.

Situated on the 9th level in the very popular “College Square” apartments in Lygon Street, this bright and spacious one bedder comprises of a very large bedroom (big enough for a kingsize bed) , a separate study area, kitchen, separate bathroom and full length windows with an amazingsun drenched Northerly outlook that will never be lost.

Close to Melbourne University (just a couple minutes around the corner on foot) 5 minutes on the tram into the city from Lygon Street. Fantastic facilities too! Including a massive 25 metre in ground pool, well equipped and well maintained gymnasium, a function room for special occassions, barbeque area and a basket ball court! Its almost like a holiday resort!

In the early 1900’s, many Italians settled in Carlton and over the years have made Lygon Street their own. As a cultural enclave, Lygon Street is the place where Melbourne’s famous cafe culture was born.

It was right here way back in the early 1950’s that one of Lygon Street’s Italian-owned cafes imported Melbourne’s first espresso machine, and the city has never looked back!

The Lygon Street Precinct is the historic heartland of Melbourne’s Italian community and one of the great food precincts of Melbourne with all the ritz and glamour of formal international dining with black-tied waiters (you’d honestly swear you were in Rome!) and side-walk cafes offering a broad mix of modern & funky, seafood, Mediterranean and Asian inspired cuisines offering absolutely sumptuous meals tantalising the tastebuds!! There’s steaming hot bowls of linguini to savour and torte to devour!

Espresso bars, favourites like Tiamo and University cafe for casual dining, Brunetti in Faraday Street for a hot early morning breakfast and espresso and Jimmy Watson’s Wine Bar for late night drinks – its all here in Carlton!

What a place to have a penthouse!

And there’s plenty on offer in and around Lygon Street for the serious shopper! Pretty and leafy, Lygon Street is sensational for strolling and shopping! Browse the food stores and boutiques selling everything from freshly ground coffee to imported Italian shoes!

INVESTORS NOTE: Estimated rental income $1474 PCM (7.3% return).

Under cover security car parking available for lease/sale in the building. Vacant possession is available so you can move in straight away if you like.