This sleek 31sqm studio in the sought-after 'The Kinson' complex presents a standout opportunity for investors seeking steady returns and a low-maintenance asset. The smartly designed layout offers open-plan living with generous natural light, a contemporary bathroom, and elevated district views that enhance the sense of space and comfort.
Currently tenanted until May 2027, the property earns a reliable annual return of $12,727.56, making it a true 'set-and-forget' portfolio addition. Residents benefit from exclusive access to hotel-style amenities, including event spaces and in-house dining. Positioned near Chapel Street and Toorak Road, it offers unbeatable convenience to Melbourne's premier lifestyle and cultural destinations.
Features Include:
* 31sqm of well-utilised living space
* Bright, open-plan studio design
* Modern bathroom with quality finishes
* Expansive outlook with natural light
* On-site dining, cafés and event facilities
Enquire now for a secure and hassle-free investment opportunity!
The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,692 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:
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