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honestly I would not know what this sort of apartments are worth, but there is allot popping up around the general close area.
I stick to houses on big blocks 25 km from the city.
But I can give you good information about the general area
One side of that building would be very noisy – freeway side
There is a new Coles and shopping centre that has just opened up futher up Clarendon street, and also a new shopping centre with safeway and spotlight , maybe 100-200 metres away that is opening this year. Plus you have the market & casino
So all in all there is allot around it. Tram would run past the front door alsoI work in the next block to this site
As you can see on the map its right next to westgate fwy, this is a very busy fwy.
The windows would shake as the trucks go pastGood luck
I have just done a very similar reno in the next suburb of springvale – but using a buy – reno – hold strategy
Im amazed how much houses are selling for in this area this year. and also how quickly they are sellingTim