2606/250 City Road, Southbank VIC 3006

High-floor city views | Modern 2-bed apartment | Strong rental yield | Flood overlay noted This unit presents a competitively strong proposition for an investor or professional seeking a high-amenity inner-city holding. Its level 26 position guarantees exceptional views and light, a tangible premium in Southbank’s dense tower landscape, while the modern configuration aligns perfectly with high rental demand from the core CBD commuter market. The property directly serves buyers prioritizing steady income over land appreciation, with its estimated yield outperforming many metropolitan alternatives. The primary decision mechanism is the flood overlay, a common but material risk for riverside precincts that can impact insurance costs and future capital growth. However, the commercial logic is clear: secure a high-floor unit in an established tower to capture reliable tenant demand, accepting the overlay as a priced-in condition of this location. Hold this property as a long-term income-generating unit, where its operational performance outweighs its land-based limitations. A Propcred report would precisely calibrate its real market valuation against recent strata sales and detail locality-specific risk mitigations for insurance and due diligence. While direct sales history for this specific unit is unavailable, the market context is established. A nearly identical unit in the same building, 2604/250 City Road, has an estimated value of approximately $419,000. This provides a credible benchmark, confirming this property sits within the established price band for a modern two-bedroom configuration in this tower, grounding our analysis in observed building-specific data.