38/4 Royal Lane, Fitzroy VIC 3065

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 1 • Bathrooms: 1

Description: *** Inspection by appointment only please contact the agent*** Astute investors will recognise the appeal of a tightly held asset within the esteemed Comfort Apartments Royal Gardens complex, a blue-chip holding that combines strong income with long-term capital security. Operating as serviced, self-contained accommodation, this ground-floor, one-bedroom residence delivers a robust annual return of $22,100, underpinned by zero vacancy. Set amid established, manicured grounds, the complex provides premium resident amenities including an outdoor swimming pool and barbecue facilities. The location speaks for itself: moments from the CBD, the Royal Exhibition Building and Carlton Gardens, and the dining and cultural energy of Brunswick and Gertrude Streets. Immediate access to trams, Melbourne University and St Vincent's Hospital further reinforces its investment credentials. - Secure 5-year lease in place with two additional 5-year options, offering up to 15 years of predictable income security. - Light-filled open-plan living and dining domain extending to a private balcony. - Contemporary kitchen appointed with quality appliances and ample storage. - Generous double bedroom with built-in robes, ceiling fan and private ensuite (shower over bath configuration). - Internal laundry facilities, split-system heating and cooling, plus a dedicated on-title car space enhancing both rental appeal and resale liquidity.