205/1 Bouverie Street, Carlton VIC 3053

Corner orientation | 85sqm footprint | 2-bed 2-bath | open car space | Carlton fringe This unit’s corner aspect and 85sqm floorplate are uncommon in a 206-unit complex, giving it better natural light and spatial separation than most comparables. The open car space is a functional advantage in a precinct where parking is scarce. It suits a professional couple or investor targeting the strong rental demand from city-adjacent workers and students, with the building’s rental yields (7.74%–8.94%) supporting solid income. The flood overlay is a known but manageable risk in this pocket; it does not affect insurability materially but may add a minor premium. The lack of heritage overlay allows future capital improvements without council constraint. Holding period should be medium-term (5–10 years), as capital growth has been modest (0.95%–2.52% annually) in this building; the property is best used as a steady rental income generator rather than a high-appreciation play.