1304/265 Exhibition Street, Melbourne VIC 3000
1304/265 Exhibition Street, Melbourne VIC 3000
Large 108m² CBD apartment | Established tower with spa amenity | Premium asking above recent building sales | No parking or aspect confirmed
This apartment is competitively strong because of its unusually large 108-square-metre floorplan, which is rare in central Melbourne and signals a more spacious, older-style build rather than compact investor stock. Being located in Regency Towers on Exhibition Street, it offers established high-rise living with a full-sized spa, making it suited to owner-occupiers like downsizers or professionals who prioritise walkable city access and generous internal space over modern finishes or parking. The property’s size and building profile position it as a premium option within the corridor, best serving buyers seeking a substantial city apartment rather than a typical compact unit.
The asking range sits materially above recent sales in the same building, which may reflect a more desirable floor level, better configuration, or upgraded presentation, but potential buyers should weigh whether the premium is justified without confirmed details on aspect, renovation state, or parking. The absence of parking or a disclosed orientation could affect long-term appeal for some buyers, and the implied yield from nearby rental data suggests the price may lean toward owner-occupier demand rather than investment returns. These factors should be considered when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 1304/265 Exhibition Street, Melbourne VIC 3000
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✓
Market Insight
Melbourne’s core is defined by its unparalleled lifestyle proximity and tightening supply, attracting a broad buyer pool of owner-occupiers, downsizers, and investors. Sustained demand is driven by urban renewal, low vacancy rates, and robust sales activity, supporting solid price growth. Future prospects are underpinned by scarcity and gentrification, though affordability pressures and an easing of supply tightness present emerging headwinds for the market’s resilience.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1624m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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