203/390 Little Collins Street, Melbourne VIC 3000

Spacious 2-bed CBD flat | 65% rental building | strong yield potential | 3 days on market This property stands out for its size in a market dominated by compact units, giving it a competitive edge for both owner-occupiers seeking space and investors targeting premium renters. The 35% owner-occupier share suggests reasonable building quality, while the 65% rental composition supports consistent demand. The building’s lack of recent sales data means less price transparency, but the estimated value range of $723,000–$747,000 sits below the listing guide, indicating room for negotiation. This unit suits a buyer prioritising rental income over capital growth in a high-turnover suburb. The primary risk is the building’s high tenant ratio, which can affect long-term capital appreciation and lending appetite from some financiers. The suburb’s 68% recent mover demographic signals transient demand rather than established community value. However, the strong rental yield of $850–$1,000 per week against the estimated value provides a solid income buffer. For a buyer, this property works best as a hold for steady cash flow, with potential to reposition through cosmetic upgrades to attract higher-paying tenants in a location that reliably lets.