602/589 Elizabeth Street

Melbourne VIC 3000

Some addresses put you close to the action. This one places you right in the middle of it. Positioned within the popular E589 Apartments, this spacious two-bedroom residence offers the perfect blend of lifestyle, convenience and investment appeal. Whether you're searching for your first home, a city base or a smart addition to your portfolio, this is a location that continues to perform. Step outside and you're moments from Queen Victoria Market, RMIT University, The University of Melbourne, major hospitals, public transport and some of Melbourne's best cafs, restaurants and retail precincts. Inside, the well-designed floorplan offers excellent separation between the living and bedroom zones, creating a sense of space rarely found in inner-city apartments. The contemporary kitchen features stone benchtops, premium appliances and ample storage, while the light-filled living area flows seamlessly to a generous balcony with CBD views. Both bedrooms feature built-in robes and, importantly, natural light through external windows - a sought-after feature often missing from many city apartments. Currently leased until August and returning approximately $580 per week, this is an opportunity that appeals equally to owner-occupiers and investors looking to secure a quality asset in a blue-chip Melbourne location. Property Highlights Two bedrooms with built-in robes Both bedrooms feature external windows Spacious open-plan living and dining Stone kitchen with premium appliances Generous balcony with CBD views West-facing orientation Approx. 60sqm of internal living Secure apartment living Currently leased until August Rental return of approximately $580 per week Outgoings (approx.) Owners Corporation: $3,844 per annum Council Rates: $1,020 per annum Water Rates: $704 per annum Whether you're investing in Melbourne's future or securing a home in the heart of the city, this is an opportunity defined by location, convenience and long-term appeal.