906/93 Flemington Road, North Melbourne VIC 3051

1-bed 54 m² Helio unit | Rooftop terrace city views | University/hospital proximity | Strong investor appeal This apartment’s primary strength is its location within walking distance of Melbourne University Royal Melbourne Hospital and public transport, this ensures a consistent pool of tenants and buyers. The 54 m² configuration, while compact, includes timber flooring and a private balcony making it competitive for its price bracket. It is best suited for investors seeking low entry cost in a high-demand area or first-home buyers valuing lifestyle over space. The absence of a car space and limited internal size reduce its appeal to families but are common trade-offs in this market segment. Overlay data is inconsistent and must be verified with the council, as heritage overlays could affect renovation plans. The rooftop terrace and city views are genuine value-adds that enhance rental appeal. For an investor the indicative rental return supports a holding strategy focused on long-term capital growth and cash flow from stable tenant demand.