2902/45 Clarke Street, Southbank VIC 3006

High-floor north aspect | panoramic city vistas | Platinum Tower Crown Precinct | strong rental yield profile This unit’s primary strength is its high-floor, north-facing position within a well-established tower in Southbank’s premier Crown Precinct, delivering light-filled living and uninterrupted views that are scarce and durable. The configuration of two bedrooms and two bathrooms aligns with strong rental demand from professionals and couples, supported by the building’s documented yield data. It serves an investor or owner-occupier seeking a low-maintenance lifestyle with immediate urban convenience and proven rental performance. The principal risk is the building’s demonstrated value volatility, with comparable sales showing both high growth and negative growth over different holding periods, indicating market sensitivity. The 44% long-term tenure suggests a stable core of owners, but requires due diligence on capital works. Acquire for its yield-supported holding cost with a long-term outlook; its view and aspect provide a defensible premium against internal, view-compromised units in the same block. Recent sales in 45 Clarke Street show a varied performance history: – 1511 (2 bed, 2 bath): $500,000, held 1 year, 7.89% annual growth. – 1101 (2 bed, 2 bath, 1 car): $560,000, held 2 years, 4.71% growth. – 3810 (2 bed, 2 bath): $620,000, held 6 years, -1.17% growth. – 2009 (2 bed, 1 bath): $460,000 (Jan 2026). This dispersion confirms that specific attributes—like this unit’s high floor, second bathroom, and aspect—command a material premium and are critical to outperforming the building’s average. The consistent ~6.3% gross rental yield from comparable units provides a solid income foundation for an investor.