162/83 Whiteman Street, Southbank VIC 3006

corner 16th floor | scenic views | 3-bed 1-bath rare | Southbank CBD fringe | strong rental demand This apartment’s corner position on the 16th floor is a material advantage in Southbank, where view and height directly influence value and tenant appeal. The three-bedroom, one-bathroom configuration is uncommon and may be seen as a compromise, but it effectively targets investors seeking yield from a smaller footprint and owner-occupiers who prioritise location over luxury. The building’s placement near Crown and the promenade secures enduring demand from professionals and downsizers. The single bathroom presents a clear limitation, potentially narrowing the buyer pool and capping resale velocity. The observed turnover—three sales and seven rentals—raises a flag for management quality but does not confirm structural issues. The rental evidence at $900 per week provides a strong income case, and the corner aspect supports ongoing premium positioning. Hold for rental return and moderate capital growth, and consider cosmetic upgrades to widen future appeal.