2202/28 Wills Street, Melbourne VIC 3000

1-bedroom CBD legal precinct apartment | high walkability and rental demand | light-filled, practical layout | entry-level price point in a tightly held area This apartment offers a rare combination of a central legal precinct location and an entry-level price point, which together create a strong competitive position for a buyer. The light-filled, practical layout and the building’s position in a tightly held area near courts, universities, and transport underpin consistent rental demand and liquidity. It best suits an investor seeking a low-maintenance city holding or a first-home buyer wanting immediate access to Melbourne’s core amenities. The primary risk is the one-bedroom format, which can face competition from similar stock and is sensitive to building-specific factors like owners corporation fees. However, the location’s inherent walkability and the precinct’s tenant profile reduce vacancy risk. The opportunity lies in the apartment’s strong rental appeal and the potential for modest capital growth in a supply-constrained pocket. Use this property as a core inner-city holding for steady rental income or a low-maintenance owner-occupied base.