803/52 Park Street, South Melbourne, Vic 3205

Experience modern city living in this stylish 1-bedroom apartment in the sought-after 'Essence' building. Ideally located between Albert Park Lake and the Royal Botanic Gardens, this apartment offers a fantastic lifestyle in South Melbourne's prime inner suburbs. Currently leased until 29/6/2025 for $1,955 per month, it delivers a strong rental return of nearly 8% p.a.

The open-plan kitchen, dining, and living area flows onto a private balcony, perfect for relaxing while enjoying the spectacular city view. The bedroom features a mirrored built-in robe, while the bathroom offers a sleek, spacious shower. Additional highlights include a European laundry and split-system heating/cooling for year-round comfort.

Residents of 'Essence' enjoy access to a gym, rooftop terrace with BBQ facilities, and a cozy communal lounge with a fireplace. Located near South Melbourne Market, Clarendon Street, and plenty of cafes and restaurants, this property is perfect for those seeking a vibrant lifestyle. Public transport is easily accessible, with trams literally at the front door and buses nearby, giving quick access to the CBD.

With high rental demand and future growth potential, this apartment is an excellent investment or a great place to call home.