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403/188 Peel Street, North Melbourne VIC 3051

Apartment  1  1
1.3km to CBD | 1.4km to North Melbourne Station

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The property

Situated within metres of the Queen Victoria Market, Royal Melbourne Hospital and CBD is this wonderful investment returning $14,616.00 P.A or an incredible 6.8%, increasing by CPI annually.

Accommodation includes: one bedroom, bathroom, living area, kitchenette and balcony with City Views.

This fully furnished apartment is being sold with long term lease which ensures strong future growth.

Inspection by appointment.

Highlight

Investment Potential Location

Gallery

Highlighted nearby amenities

Name Category Distance
Peter MacCallum Cancer Centre Hospital 0.3km
University Square Informal outdoor facility (park/garden/reserve) 0.4km
Royal Melbourne Hospital Hospital 0.4km
Victorian Comprehensive Cancer Centre Hospital 0.4km
Queen Victoria Market Retail 0.5km
Lincoln Square Informal outdoor facility (park/garden/reserve) 0.5km
City Baths Major sports & recreation facility 0.7km
Argyle Square Informal outdoor facility (park/garden/reserve) 0.8km
Piazza Italia Informal outdoor facility (park/garden/reserve) 0.8km
Old Melbourne Gaol Crime & Justice Experience Art gallery/museum 0.9km
Flagstaff Gardens Informal outdoor facility (park/garden/reserve) 0.9km
The Ian Potter Museum Of Art Art gallery/museum 0.9km
La Mama Theatre Theatre live 1.1km
IMAX Melbourne Cinema 1.2km
Carlton Courthouse Theatre Theatre live 1.2km
Koorie Heritage Trust Inc Art gallery/museum 1.2km
North Melbourne Recreation Centre (Aquatic) Major sports & recreation facility 1.3km
Myer Department store 1.3km
David Jones Department store 1.3km
Her Majesty's Theatre Theatre live 1.4km
Comedy Theatre Theatre live 1.4km
The Museum Of Australian Chinese History Art gallery/museum 1.4km
North Melbourne Station 1.4km
North Melbourne's average rating

8.9

out of 10
Rank 89 in Melbourne (Greater)


Pros

Public Transport
Internet Access
Resale or Rental Value
Parks & Recreation
Medical Facilities

Cons

N.A

Burglary rate below state average in 2018

North Melbourne: 1 in 102 homes
State average: 1 in 76 homes

Walkability: North Melbourne is Very Walkable

Most errands can be accomplished on foot in North Melbourne Melbourne. North Melbourne is the 18th most walkable neighborhood in Melbourne with a Walk Score of 87.

Transportation

The best way to get from North Melbourne to Melbourne without a car is to train which takes 5 min and costs $5.

The quickest way to get from North Melbourne to Melbourne is to taxi which costs $9 - $12 and takes 4 min.

8.9

Nearby schools

For more information, please checkout the school ranking

Name Distance Level Sector Gender
St Joseph's Flexible Learning Centre properties in zone > 184m Secondary Catholic
Simonds Catholic College properties in zone > 484m Secondary Catholic
University High School properties in zone > 644m Secondary Government
North Melbourne Primary School properties in zone > 709m Primary Government
Stott's College properties in zone > 936m Secondary Independent

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