101/80 Cade Way, Parkville VIC 3052

Modern 2-bed 2-bath apartment | Built 2012 with balcony and car space | Parkville health and education precinct | Strong rental yield potential This is a competitively positioned modern apartment in Parkville, a suburb defined by its proximity to major hospitals, universities, and the CBD. The two-bedroom, two-bathroom configuration with a balcony and secure parking is a sought-after format that appeals to both owner-occupiers and investors. The 2012 build means it avoids many of the design and compliance concerns associated with older stock, while the location near Royal Melbourne Hospital, Melbourne University, and public transport creates consistent demand from health workers, academics, and professionals. It serves best as a low-maintenance home for a downsizer or a reliable rental property with yield potential. The property’s value may be influenced by its exact floor level and aspect, which are not confirmed from the available information, as these factors can significantly affect light, noise, and outlook. The inconsistent parking records across data sources suggest potential ambiguity in the allocated space, which a buyer should clarify directly. The apartment’s mid-range asking history indicates it is positioned as standard inner-city product rather than premium, so any premium over comparable modern units in the area would need to be justified by superior orientation, finishes, or floor level. The absence of known overlays is a neutral factor, but the broader strata context and building management quality remain important considerations for long-term value.