2306/350 William Street, Melbourne VIC 3000

Small footprint | 23rd floor exposure | buyer beware of size discrepancies | no open home access The decision rests on whether the buyer accepts that a sub-40m² flat in a well-regarded tower carries a liquidity discount at resale. The 35-38m² size ambiguity introduces valuation risk—lenders may balk at anything under 40m² for standard mortgages, and future buyers will compare against newer micro-apartments in the same precinct. The opportunity lies in the holding yield, where a median $475 weekly rent against a ~$305,000 entry point yields gross around 8%, which is strong for the CBD. This property is best held as a rental investment, not a primary residence, given the compact layout. The competitive edge here is the building itself. The Hassell architecture and 24-hour security are rare for this price bracket, putting the property in a different class from generic high-rises. Its position opposite Flagstaff Gardens and within walking distance to three universities makes it a natural target for graduate students or young professionals who value lifestyle over space. That demographic skews the risk toward shorter tenancies but maintains occupancy. The buyers it serves best are those with cash reserves who can absorb a flat value plateau and prioritise cash flow over capital growth. Comparable sales in the building—if drawn from strata records—tend to cluster around $290,000 to $320,000 for similar north-facing one-bedrooms, reinforcing the realism of the current price. Any buyer should confirm the exact recorded lot size with the owners corporation before exchanging, not rely on the agent’s figure.