16/350 William StreetMelbourne VIC 3000
Property Details for 16/350 William St, Melbourne
16/350 William St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013.
Last Listing description (October 2018)
Situated in one of Melbourne's newest apartment complex's This Apartment has all the makings of a convenient inner-city pad or a suave addition with excellent depreciation on offer to any savvy investors portfolio. The comfortable brand new apartment comes complete with modern kitchen, double bed, split system cooling/heating , NBN and a large balcony to enjoy the beauty of Melbourne 24/7 .The location is second to none with Flagstaff Gardens as your back yard and just moments from Queen Victoria Market, Melbourne Central Shopping Complex, Universities, Trams and Trains. This apartment just screams convenience.
The tiled entrance sweeps into a spacious living area by a wall of floor-to-ceiling windows. A sliding glass door leads onto the deluxe covered balcony enjoying the glorious Bay views of the worlds best city
At level 23 its nothing short of spectacular and it makes a wonderful investment for anyone looking at buying in the heart of a wonderful city. You can smell the coffee you are that close to all amenities.
INVESTMENT OPPORTUNITY:
Currently Leased - Available for investment or owner occupancy
Projected rental approximately $390 per week
Return: 6.5% approx
Property History for 16/350 William St, Melbourne, VIC 3000
- 28 Aug 2018Listed for Sale $268,888 - $288,888
Recent sales nearby
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0About 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 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 64,255 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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