Advantaged by having a basement carparking space on a separate title, this one-bedroom apartment presents a first class opportunity for investors seeking an excellent rental return of $485.00 per week (approx.), or for the owner occupier looking to move in at lease end in October 2026. Position perfect to Melbourne University and RMIT, with trams right out front providing direct city access. The functional low maintenance floor plan comprising open plan living, heating & cooling, kitchen area, electric cooking, separate double bedroom with built in robes, openable windows and serviced by a central bathroom. Additional features include secure intercom entry, lift access, modern communal laundry, lounge area and bike storage. Enjoy easy access to local cafes, Melbourne Baths, State Library, Carlton Gardens and Lygon Street.