4101/135 Abeckett Street, Melbourne VIC 3000

City views from level 41 | best one-bedroom layout in EQ Tower | strong rental yield potential | recently listed with open home this Saturday The unit’s position on level 41 offers a clear competitive advantage over lower-floor stock in the same building, with city views and a layout described as the best one-bedroom configuration. The stone and Miele kitchen, combined with full building amenities—pool, gym, concierge—places it above typical investor-grade apartments. It serves best a professional buyer seeking a lock-and-leave with strong rental potential, given comparable units yield 6.9% to 8.9%. The recent listing and scheduled open home signal motivated selling. The key risk is the building’s mixed capital growth history: several units held over 11 years saw annual change from -0.75% to 0.22%, indicating flat to negative price appreciation. This means the buyer’s return depends largely on rental income, not capital gain. The 42% of owners holding over 10 years suggest long-term holders accept this. Opportunity lies in the current yield—if purchased near the lower end of the range, gross yield could exceed 8%. Use this property as a high-yield rental hold, not a growth play.