705/1 William StreetMelbourne VIC 3000
Property Details for 705/1 William St, Melbourne
705/1 William St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 1480m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 1998.
Last Listing description (January 2020)
Situated in one of Melbournes most sought after residential towers this dual key apartment offers two apartments in one! The unique design has two lockable entrances which make this property versatile for both investors and owner occupiers. Maximise the rental with two separately leased properties or live in one and rent the other out. The possibilities are endless.
This two bedroom, two bathroom apartment couldn't be more perfect for the potential investors. Coming with a car park and currently lease with a modest return of $31,236 per year. The lease is secure with the Clarion suites Hotel chain.
With breathtaking views overlooking the Yarra river and Port Phillip Bay this high rise apartment has one of the best aspects in Melbourne. Situated on the corner of Williams St and Flinders the building comes with gym, pool, concierge services and a restaurant. The entrance to the car space is secure and the building has key coded entry.
perfect for investors looking for both high yield and capital growth as this building has seen a substantial increase in values over the years. Make the right move and secure this well proportioned and well appointed executive apartment today.
Property History for 705/1 William St, Melbourne, VIC 3000
- 10 Sep 2019Listed for Sale $800,000
- 02 Feb 1998Sold for $200,000
Recent sales nearby
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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 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 64,239 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:
- The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
- Houses have a median rent of $650 while Units have a median rent of $675.
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