1202/1 William Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE
$695,000

1202/1 William Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Rare Dual key apartment - with dual income tenancies and flexible future options

Located at the 1 William St, Clarion Gateway apartments - this 2 bedroom dual key apartment allows for flexible living/investment options.
This corner block apartment has uninterrupted views of the Yarra River/Southbank/Crown Casino precincts.
Consisting of two separate bedrooms, and two bathrooms (both with bathtub/shower setup), a full size kitchen is complemented by a hidden cupboard kitchenette. Not to mention a secure car park space.
Superbly located, this apartment has direct access to transport in form of tram, train and bus, the best of what Melbourne CBD has to offer, Southbank, Crown Entertainment Complex and Melbourne’s sporting precincts.
Securely leased out as two separate residential leases as two separate 1 bedroom apartments - this high yielding property would be a sound addition to any property portfolio - with possibilities of utilising one part of the apartment as a city pad, whilst still receiving income on the other.
Current tenancies:
Lease 1 - lease ending May 2026.
Lease 2 - lease ending July 2026.
Please contact agent for more information on rental rates.
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Property Details for 1202/1 William St, Melbourne

1202/1 William St, Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Raeon International.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,361 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:

  • The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
  • Houses have a median rent of $718 while Units have a median rent of $680.
There are currently 299 properties listed for sale, and 212 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2672 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Eric Cheung
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Joanna Jiang
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Raeon International
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.