101/94 Canning Street, Carlton VIC 3053

1-bed, 1-bath, 1-car in Carlton | 53sqm floorplate | recent comparable sold $430k | 6.65% rental yield signals strong investor demand The property’s primary buying case rests on its configuration and yield. A one-bedroom with a dedicated car space in a sought-after Carlton location near the CBD is a scarce combination, and the 6.65% rental yield from a similar unit confirms strong tenant demand. For an investor, this unit offers a rare balance of reasonable entry price and immediate cash flow that outperforms many Melbourne inner-city apartments. The 53sqm floor area is functional for a single professional or couple, and the building’s high recent turnover suggests a liquid market for future resale. The key risk is the building’s mixed capital growth record, as comparable units show annual growth ranging from negative to modest over long holds, and no specific sales history exists for unit 101 to establish its condition. The buyer must verify strata fees and any upcoming special levies, as these could compress the attractive yield. The opportunity is to acquire at or near the $430k comparable, locking in a strong rental return while the market corrects. Hold for stable income and treat any capital appreciation as a secondary bonus.