4008/500 Elizabeth Street, Melbourne, Vic 3000

LATEST
bedrooms 1
bathrooms 1
|Apartment
$320,000
$320,000
Published on: 14 Oct 2026
Last updated on: 17 Oct 2026
4008/500 Elizabeth Street, Melbourne, Vic 3000
4008/500 Elizabeth Street, Melbourne, Vic 3000
4008/500 Elizabeth Street, Melbourne, Vic 3000
+26
4008/500 Elizabeth Street, Melbourne, Vic 3000
  • 26
  • 1
Property ID: 152616056
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Modern City Apartment with a Potential 10.06% Gross Yield

4008/500 Elizabeth Street, Melbourne, Vic 3000
Unit 4008 is a well-designed one-bedroom, one-bathroom apartment combining contemporary finishes with a practical layout in a convenient inner-city location. Its clean, minimalist aesthetic and efficient use of space make it an appealing choice for owner-occupiers seeking low-maintenance city living or investors looking to expand their portfolio.

The open-plan living and dining area connects seamlessly with the kitchen, while large windows welcome natural light and create a bright, inviting atmosphere. Streamlined finishes, quality appliances and practical storage make the kitchen well suited to everyday use.

The comfortably proportioned bedroom offers privacy and a peaceful retreat, complemented by a modern bathroom with sleek fittings. The thoughtful layout delivers comfort and functionality throughout.

Previously rented at $600 per week, the apartment offers a strong rental history, with a current rental appraisal of $600 per week equating to approximately $31,200 annually. Low ongoing outgoings further enhance its investment appeal, with owners corporation fees of approximately $776 per quarter and council rates of approximately $213 per quarter.

Surrounded by cafés, restaurants, shopping and public transport, Unit 4008 places Melbourne's city conveniences within easy reach. Whether purchasing a city home or an investment, this apartment offers an attractive combination of location, practicality and low-maintenance appeal.

Property Details

Basic Info

Property Type
Apartment
Listing Status
On Market
Rooms
1 bedroom(s), 1 bathroom(s)
Address
4008/500 Elizabeth Street, Melbourne, Vic 3000

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Brady Residential Sales Team
Brady Residential Sales Team
396 La Trobe Street, Melbourne, Vic 3000
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Brady Residential Sales Team
Brady Residential Sales Team
396 La Trobe Street, Melbourne, Vic 3000
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      Property ID: 152616056

      Original Property ID: 152616056
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