1504/199 William Street Melbourne VIC 3000

1504/199 William Street Melbourne VIC 3000
High-floor CBD unit | 3-bed furnished rarity | gym & 5G | Docklands Primary catchment This property presents a competitively strong offering within the premium Melbourne CBD apartment market, primarily due to its rare three-bedroom configuration in a high-floor position. The furnished status, combined with building amenities like gym access, positions it for sustained rental demand from professional tenants or small families seeking inner-city convenience and specific school catchments. It serves a buyer targeting a low-maintenance investment with a premium yield profile from a tenant pool valuing space and location over square meterage. The decision hinges on accepting compressed yield from a valuation that appears stretched against the last sale price, with the specific risk of technological obsolescence due to the absence of a confirmed NBN connection. The opportunity lies in securing a scarce larger format unit within a market dominated by one and two-bedroom stock, providing a defensive holding against oversupply in smaller segments. Proceed with a commercial logic focused on long-term capital stability over short-term income, using a Propcred report to pressure-test the valuation against true comparable sales and to audit locality risks like future strata liabilities.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

78mΒ²

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