22/30 Chetwynd Street, West Melbourne VIC 3003

north-facing two-bedder with parking | 68sqm including balcony | mid-sized for its era and suburb | walk-to-CBD convenience with strong rental appeal | older block, no lift, limited amenity What is competitively strong about this property is its combination of a genuinely useful two-bedroom layout, a dedicated car space, and a north-facing aspect in a location that is within walking distance of the Melbourne CBD. At approximately 68 square metres including the balcony, it is larger than many comparable two-bedroom units in inner-city stock from its era, offering a floorplan that can comfortably accommodate a couple or two sharers. The presence of one car space is a relative advantage in this part of West Melbourne, where many older apartments have none. This unit is best suited to an inner-city professional, a first-home buyer seeking an affordable entry point to urban living, or an investor targeting strong rental demand from CBD workers and university students. What may materially affect the value of this property is its position within an older, low- to mid-rise block that lacks modern building amenities such as a lift, secure lobby, or common outdoor space. The building’s age, likely 1970s to 1990s, may mean thinner acoustic separation and less energy efficiency than a newer development, and the absence of a lift could be a consideration for some buyers or tenants. The unit’s strong location and functional configuration should underpin demand, but the building’s limited amenity and the potential for future redevelopment of the site may cap long-term capital growth relative to newer stock in the same suburb.