1206/118 Russell Street, Melbourne VIC 3000

Paris End prestige | 2-bed plus car rare | 81sqm well-sized | 12th floor light-filled The buying case for this apartment rests on its unusual configuration — two bedrooms with an allocated car space in a precinct where such combinations are scarce. At 81 square metres, the floor plan offers genuine living space rare in CBD stock, while the Paris End positioning delivers proximity to premium retail, dining, and public transport without sacrificing tranquillity. This property is best suited to owner-occupiers seeking a genuine home address in the city, or investors targeting the tenant demographic that values both space and parking. Heritage overlay is the principal constraint, potentially limiting scope for alterations and requiring approvals for any changes to interiors or facades. Body corporate fees in a building of this density warrant specific scrutiny given their impact on net returns and holding costs. On the opportunity side, the zoning for Carlton Gardens Primary and University High adds a family-acquisition angle rarely available in a CBD apartment. Buyers should commission a strata inspection to confirm no structural or financial issues, as the last recorded sale in 2002 may indicate deferred maintenance cycles.