100/18 Russell Place, Melbourne, VIC 3000

A rare opportunity within the award-winning Little Hero complex, this ultra-stylish one-bedroom apartment with additional office or child's bedroom presents the perfect blend of sophisticated city living and outstanding investment potential. The apartment has windows on three sides giving North, West, and South aspects – only one apartment per floor has this aspect, all others have 1 window. Positioned in the heart of Melbourne's vibrant CBD, you'll enjoy unrivalled convenience with Chinatown's renowned dining precinct, free city trams, boutique shopping, Flinders Street Station, the theatre district, RMIT University, Treasury Gardens, the MCG, and Melbourne's finest cafés, bars and restaurants all just moments from your doorstep. This is truly a location to be enjoyed for years to come.

Designed by the acclaimed Fender Katsalidis, the apartment showcases quality craftsmanship and intelligent design throughout. The spacious open-plan living and dining area is complemented by a sleek stone-finished kitchen featuring quality appliances, including a premium Fisher & Paykel dish drawer. Step outside onto the private balcony and take in the vibrant neighbourhood outlook over the charming laneway below.

Generously proportioned, the bedroom features wall-to-wall mirrored built-in robes and is serviced by a stylish bathroom complete with a fully tiled walk-in shower and excellent storage. Additional features include a Euro-style laundry, split-system heating and cooling, an inviting entrance hallway, designer lighting, roller blinds, secure video intercom entry and lift access.

With a housing shortage in Melbourne and growing immigrant base, this apartment is equally appealing to owner-occupiers and investors, this apartment offers an exceptional investment opportunity with an estimated rental return of approximately $34,000 per annum, complemented by low quarterly outgoings. With Melbourne continuing to experience a well-documented housing shortage and strong demand for quality inner-city accommodation, the rental market is forecast to remain resilient, making this an investment with excellent long-term prospects.

Whether you're seeking an executive city residence or a high-performing addition to your investment portfolio, this is an opportunity not to be missed.