66/172 William Street, Melbourne, VIC 3000

bedrooms1
bathrooms1

$325,000 - $345,000

Property price statement
Apartment
Updated 4 Days Ago

Can you afford this property?

7% Return | Secure Lease to Quest | CBD Investment

66/172 William Street for Sale

An exceptional investment opportunity in the heart of Melbourne CBD, this oversized one-bedroom apartment is securely leased to Quest Hotel, delivering a strong approx. 7% net return with minimal outgoings and zero management hassle. Key Investment Features: - Secure 5-year lease to Quest (from Jan 2023) - Current rent approx. $25,833 p.a. with fixed 3% annual increases - Tenant pays outgoings - low holding costs - Approx. 7% net yield, with built-in rental growth - Option for 3 further 5-year terms - Established national tenant - reliable income stream Property Highlights: - Generous 71sqm (approx.) internal space - Light-filled open-plan living and dining - Floor-to-ceiling windows - Modern kitchen with stainless steel appliances - Spacious bedroom with built-in robes - Bathroom with bathtub - European laundry, cooling, heating - Secure intercom access Prime CBD Location: Positioned in Melbourne's legal and financial precinct, within walking distance to Flagstaff Gardens, Queen Victoria Market, Docklands, Marvel Stadium, and major transport links. Set-and-forget investment with strong returns and long-term security.
Read more
Inspection

Inspection

There are no upcoming inspections for this property. Contact the agent to see this place.

calculator-icon

Can I afford this property?

Wondering what you can afford? Explore your monthly repayments by adjusting the loan amount, interest rate, and term.

Estimated repayments

$0/month

30 years term, 5.75% principal & interest, $50,000 loan

$

$200%

$50,000

Find out how much you can really borrow.Calculate borrowing powerright arrow

infoCalculator disclaimer & assumptions

Find out what you can really afford

Navigate to purchase power calculator

Other properties currently for sale by Melcorp Real Estate