21/213 Williams Road, South Yarra VIC 3141

Rear top-floor corner | north-west aspect | quiet rear position | stable block with 60% owner-occupied | walkable to station and market. This unit’s rear top-floor corner placement with north-west aspect is a competitive advantage in a 1970s block, delivering natural light and street-noise reduction that similar units lack. The 60% owner-occupied block signals lower turnover and more stable common-area management, reducing buyer risk. For a first-home buyer or investor, the walkable proximity to Hawksburn Station, Prahran Market, and Fawkner Park supports both lifestyle appeal and rental demand at comparable yields near 6%. The functional layout offers immediate liveability without forced renovation. The older build and modest historical growth in comparable units—ranging from flat to slightly negative annual returns—means capital appreciation is not a near-term driver. A building and strata inspection is essential to assess sinking fund health and potential special levies. The opportunity lies in holding for steady rental income or adding value through mid-century renovation, not flipping. Use this property as a long-term hold for yield and location convenience.