3101/65 Dudley Street, West Melbourne VIC 3003

High-floor city-fringe strata | Heritage overlay | Zoned for University High | Premium indicative pricing | Strong rental range This unit presents a high-density urban living proposition, defined by its level thirty-one position delivering sizeable interior space and light, a combination rare in this precinct. Its zoning for University High School anchors its appeal to a specific buyer segment seeking long-term educational access within the metropolitan area. The property is best suited to an owner-occupier prioritizing views and space over land ownership, or an investor targeting professional tenants attracted to the school catchment and strong weekly rents. The primary financial consideration is the significant gap between its indicative sale price and lower estimated market valuation, a premium that demands justification through personal utility, not investment metrics. The heritage overlay introduces potential complexity and cost for any external modifications, while the strata structure permanently transfers land control to the owners corporation. Acquire only if the school zoning and apartment scale provide uncompensable value; otherwise, the pricing disparity represents a substantial entry cost that the rental income cannot neutralise.