508/94 Stanley Street, West Melbourne VIC 3003

2 bed / 2 bath with parking | Level 5 corner apartment | City-view potential | Inner-city owner-occupier appeal What is competitively strong about this property is its configuration as a two-bedroom, two-bathroom apartment with parking, which is notably more desirable than the typical one-bedroom stock common in West Melbourne. Its position on Level 5 as a corner apartment with city views is expected to provide superior light, privacy, and outlook compared to internal-facing units. This property is best suited to owner-occupiers such as city professionals or downsizers, as well as investors seeking strong rental demand from sharers or professionals who value walkability and low-maintenance living. The value of this property may be influenced by the quality of its finishes and the building’s age, which are not yet verified, so a closer inspection is recommended to assess condition and fitout. Strata fees and the building’s management reputation should also be weighed, as these can affect ongoing costs and resale appeal. The competitive advantage of parking and a view-oriented floorplan may support a price premium, but this should be confirmed against recent sales in the same building to form a realistic view.