402/528 Swanston Street., Carlton, Vic 3053

Just a short stroll to the University of Melbourne and RMIT, this well-presented one-bedroom apartment will appeal to investors and local first homebuyers seeking an ideal city pad. On the fourth floor of the building, and safe and sound with seven-day reception and lift access, the apartment is superbly set up and fully-furnished for added convenience. Also with amenities including a communal laundry and cafe downstairs, plus residents' courtyard and BBQ area, the building has strong investment appeal.

Opening to a crisp and tidy open plan living space, the apartment has space for relaxing. The compact kitchen offers a dual drawer dishwasher and electric cooking, while the bedroom is separate and has built-in robes. It's serviced by an ensuite bathroom, plus the apartment has handy heating/cooling.

With a tram stop on the doorstop, Lygon Street just moments away, and the city's top universities up the road, this is a superbly placed investment opportunity or home for savvy owner-occupiers.