1409/270 King StreetMelbourne VIC 3000
Property Details for 1409/270 King St, Melbourne
1409/270 King St, Melbourne is a 3 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Apartment sold in Melbourne in the last 12 months.
Last Listing description (September 2025)
This meticulously designed 3-bedroom, 1-bathroom 1 Car park apartment represents a prime investment opportunity in Melbourne's vibrant city center. Positioned for strong returns with an approximate 10% gross rental yield, this property is a top choice for astute investors seeking a high-performing asset in a supremely sought-after location.
The apartment combines practical, modern finishes with an intelligent layout, making it highly attractive to the lucrative rental market of professionals, students, and small families. Its position ensures it remains in constant high demand, just steps from Melbourne's world-class amenities.
Property Features for Maximum Appeal & Low Maintenance
• Energy-Efficient Living: Fitted with cost-effective LED downlights throughout and split-system air conditioning for year-round tenant comfort.
• Spacious, Practical Bedrooms: Three generously sized bedrooms all include built-in wardrobes, with the master suite boasting a large walk-in robe.
• Modern Kitchen: Functional U-shaped kitchen with stone benchtops, gas cooking, a dishwasher, and a built-in pantry, perfect for tenants.
• Contemporary Bathroom: Central bathroom with a spacious walk-in shower, vanity, and quality fixtures.
• Private Balcony: Offers valuable outdoor space for tenants, extending the living area.
Building Amenities for Tenant Satisfaction
• Secure parking facilities
• Modern elevator access
• Secure building entry systems
• On-site laundry facilities
Location Highlights: The Key to High Rental Demand
The property's unparalleled location is the primary driver of its exceptional rental yield, placing tenants within easy walking distance of everything:
• Major Transport Hub: Only a 12-minute walk to Southern Cross Station (rail, regional, and airport services).
• Employment & Entertainment Hubs: Minutes from the Melbourne Conference Centre and Crown Casino.
• Dining & Retail Precincts: Surrounded by endless restaurants, cafes, bars, and major shopping districts.
• Education Providers: Proximity to Docklands Primary School, University High School, and language schools attracts a diverse tenant pool.
• Lifestyle & Recreation: Easy access to the Yarra River, parks, and green spaces.
This is a turn-key investment property designed for maximum return with minimal fuss. Its strong approximate 10% gross yield, high-demand features, and unbeatable location make it an outstanding addition to any portfolio.
Enquire today to secure this high-yield investment opportunity.
Property History for 1409/270 King St, Melbourne, VIC 3000
- 16 Sep 2025Sold for $517,000
- 26 Aug 2025Listed for Sale For Sale $470,000 - $517,000
- 11 Feb 2019Listed for Rent - Price not available
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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