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2213/570 Lygon Street, Carlton VIC 3053

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Strong 8.5% Gross Yield on a Quality Asset

Set well back from the street in the popular College Square complex, this second-floor apartment presents an affordable entry into Carlton or a rewarding set-and-forget investment opportunity. Previously returning $28,531 per annum in rental income, the property also offers transparent annual outgoings with Owners Corporation fees of $4,333.04, General Rates of $924.39, and Water Rates of $737.06.

Corner positioned for an abundance of natural light, the apartment itself comprises two sizeable bedrooms, each with built-in robes and integrated workstations. Add to this a neat central bathroom, open living/meals area with an elevated outlook, and an adjoining kitchen complete with a gas cooktop.

Other features include panel heating (x3) and high ceilings throughout, plus a secure foyer with fob entry, as well as residents' access to a games room, BBQ area and bicycle parking.

A short stroll to Melbourne University along with Lygon Street's renowned cafes, bars and restaurants, it's also close to shops and supermarkets, Nova Cinema, city-bound trams and Parkville's hospital precinct.

Buyer Review

Nic was great to deal with when looking for an    

Nic was great to deal with when looking for an Apartment in Melbourne for my daughter. Full of knowledge on the area and quick to respond and arrange viewings. Highly recommended.

Review by FRANCIS C


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Property Sold

Sold 27/07/2026 $325,000