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inspecting this sat - would say around 475-500 per week .. depending on the condition of the place. But there're a super lot of places for rent in southbank so not sure... if it is possible to rent it out for that price.

what i meant in sqm was that you could get a 80+sqm place for around 500K or slightly less high 400s. That;s far cheaper than ones in docklands. 74-85sqm ard the 560K mark. THis one is 90sqm internal - however the number 4 puts me off. and it;s a walkup. apartment...

Go to southbank or south melbourne. cheaper and better returns and larger in terms of price per sqm.