3002/33 Rose Lane Melbourne VIC 3000

2-bed flat apartment | 60m² | balcony and pool | zoned for University High School | weak capital growth history The property offers a rare combination of secure building amenities—pool, gym, balcony—and a school zone that adds tenant and buyer depth. For a downsizer or investor targeting stable rental demand in Docklands, the unit’s 60m² floorplan and split-system air conditioning are practical, not premium. The key edge is the University High School zone, which lifts appeal for families and supports rentability in a market where comparable units show negative annual growth over long holds. The primary risk is the building’s 11-year sales record for similar 2-bed units, with annual price declines between -0.32% and -3.47%. This signals oversupply or weak owner-occupier demand in the tower. The buyer pays for stagnant capital upside, offset by rental yields near 8–9% in the building. The opportunity is to hold for cash flow, not appreciation, and to exit only if school zone demand strengthens or interest rates shift. Use this property as a yield-generating hold, not a growth play.