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403/16-18 Bennetts Lane

Huge Reduction $449,000


Property Features

Property ID: 3448415

Shhhhh top end secret split level apartment

Inspection Available by Appointment

Perfectly positioned in one of Melbourne's best known and iconic laneways, this apartment is ideal for anyone wanting the inner city lifestyle in a quiet and private location.

Position perfect in the east end of the city, moments from the Royal Exhibition Gardens, theatres, restaurants and superb retail shops, it is a highly desirable location to enjoy all that is great about CBD living.

The living areas on the one level and the bedrooms on the second. Open plan dining and living areas open onto the functional kitchen. The balcony faces in a westerly direction to capture the afternoon sun.

The property is ideal for those looking for a city pad lifestyle or an investor to update and create a great AirBNB for the future.

* Gross return 3.76% or net 3.18% if purchase at $539,000 and rent out at $390 a week