105 Clarendon Street, Southbank VIC 3006

Shadow Play tower | premium amenity stack | high rental yield | flood overlay flagged The building’s resort-grade amenity set—indoor pool, sky lounge, cocktail bar—positions it as a clear differentiator in the Southbank market, appealing strongly to downsizers and professionals seeking lock-up-and-leave living with CBD proximity. The combination of high rental yields (7–9% on recent records) and a stable long-term resident base (46% over ten years) signals durable demand, making this address viable for both owner-occupiers and investors who prioritise income resilience over capital growth in a high-density precinct. The flood overlay on at least one unit introduces a due diligence requirement, though its impact varies by floor and aspect; buyers should confirm whether their specific apartment is affected and whether strata insurance premiums reflect the risk. The main opportunity lies in identifying undervalued units—particularly those without parking or on lower floors—where entry price is lower but rental appeal remains strong given the building’s location and amenities.