217/68 Leveson Street, North Melbourne VIC 3051

One-bedroom apartment | car space included | North Melbourne walkable pocket | compact 53sqm floorplan. The inclusion of a dedicated car space in a one-bedroom apartment within this tightly held inner-city pocket is the primary competitive advantage here, as parking scarcity typically reduces buyer pools for comparable units. The 53-square-metre floorplan is functional for a single professional or investor targeting CBD-adjacent tenants, and the building’s location on Leveson Street provides strong walkability to public transport, cafes, and hospital precincts, which supports steady rental demand. This property is best suited to a first-home buyer seeking an entry point with a parking asset, or an investor aiming for a low-maintenance holding in a suburb with consistent capital growth. The primary risk is the unit’s compact nature, which may limit appeal to couples or those seeking space, potentially lengthening holding periods if the market softens. The price range places it in a competitive bracket where newer developments nearby could offer superior finishes, so the car space must be leveraged as the deciding factor. From a commercial standpoint, the property is a straightforward buy-and-hold proposition: secure it at the lower end of the range, maintain it for steady rental income, and benefit from North Melbourne’s ongoing demand for well-located, parking-inclusive apartments.