FOR SALE
$440,000 - $480,000

625/199 William Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
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Exclusive 2-Bedroom Apartment in the Heart of Melbourne CBD

We are excited to offer a prime investment opportunity at 625/199 William Street, Melbourne. Located on the 6th floor, this 2-bedroom, 1-bathroom apartment showcases modern CBD living at its finest.
Key Highlights:
- Prime Location: Situated on prestigious William Street in the heart of Melbourne CBD, this property offers unmatched urban convenience. Flagstaff Gardens and Queen Victoria Market are just a short walk away, placing city amenities right at your doorstep.
- Stylish Living: Enjoy the sophistication of timber floorboards throughout the living and kitchen areas, and step onto your private balcony to take in the refreshing city air.
- Smart Layout: The apartment's thoughtful design includes a spacious bathroom connecting the two bedrooms, each equipped with wardrobes for plenty of storage space.
- Exclusive Amenities: Residents enjoy access to premium amenities, including an outdoor pool, a fully equipped gym, and a peaceful family lounge.
- Investment Opportunity: Currently used as a short-term rental, this fully furnished unit offers a lucrative investment with an estimated rental income of $650-$725 per week, making it ideal for investors or first-time buyers.
Whether you're expanding your investment portfolio or seeking the perfect urban home, this apartment is a fantastic choice.
Don�t miss out�contact us today to schedule a private viewing and secure your place in Melbourne's dynamic real estate market!
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Property Details for 625/199 William St, Melbourne

625/199 William St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 65m2. The place is currently for sale with LJ Hooker City Residential.

Building Type
Apartment
Floor Size
65m2

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,846 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 348 properties listed for sale, and 299 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2142 properties were sold in the past 12 months in Melbourne.

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Yannie Hou
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