3205/45 Clarke Street, Southbank VIC 3006

High floor Platinum Tower apartment | 2 bed 2 bath with parking | Flood overlay noted | Strong rental yields around $700pw | 55sqm internal. This two-bedroom two-bathroom apartment with secure parking suits professionals or investors seeking low-maintenance inner-city living near Crown and Southbank’s core amenities. Positioned on the 32nd floor of Platinum Tower, it delivers expansive views over Port Phillip Bay and Albert Park Lake, setting it apart from lower-level units in the same building. The compact 55sqm internal layout plus balcony supports efficient living for couples or singles, with floor-to-ceiling windows maximising light in the open-plan space. Within the tower’s high-end context, it benefits from shared facilities like an indoor pool, gym, and concierge, enhancing daily convenience without personal upkeep. A flood overlay applies but no bushfire or heritage restrictions limit its residential use in the Melbourne LGA. Similar two-bedroom apartments here attract downsizers and renters drawn to the proximity of Woolworths, markets, and 5G coverage. They typically hold steady value due to Southbank’s demand for elevated positions with bay vistas, performing reliably in a market favouring lock-up garage options. Long-term appeal stems from the building’s iconic status and upgrade potential, appealing to hold-for-yield buyers amid persistent urban rental pressures. Its street-level access to transport and dining reinforces positioning for lifestyle-focused occupants.