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1202/1 William St, Melbourne$695,000
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For Saleapartment

1202/1 William St

Melbourne, VIC 3000, Australia
$695,000
2 bed 2 bath 1 car

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About this property

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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$3,369/month
$1,685 /fortnight
Loan $556,000 at 6.10% over 30 years

Upfront costs

Deposit$139,000
Stamp duty$36,770
Conveyancing (est.)$2,000
Total upfront$177,770
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 43% above the $485,000 median of 65 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Southgate Landing - Berth 1 (ferry)511 m away
  • Rapha896 m away
  • Market Street Park179 m away
  • Unnamed632 m away
  • Unnamed703 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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