2411/181 Abeckett Street, Melbourne VIC 3000

Compact 24sqm studio | 24th floor city views | 7.2% rental yield | flood overlay noted This unit offers a rare combination of entry-level price point and strong rental yield in Melbourne’s CBD, making it a compelling proposition for an investor seeking cash flow over capital growth. The 24th-floor position with balcony and building amenities like gym and rooftop terrace differentiate it from many compact studios, improving tenant appeal and reducing vacancy risk. It best suits a buyer focused on yield rather than short-term appreciation, particularly given the suburb’s recent price dip of -5.7%. The primary risk is the flood overlay, which may affect insurance costs and future resale liquidity, while the small 24sqm floorplan limits owner-occupier demand and financing options. However, the 7.2% yield and recent rental evidence around $500pw provide a clear income buffer. The property should be held as a long-term rental, with the buyer relying on steady cash flow and Melbourne’s enduring rental demand rather than near-term price gains.