1313/8 Dorcas Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
52 m2
Council area
Melbourne
Year built
2004
Lot plan
1313/PS502321 Southbank VIC
House type
Unit: Standard



HISTORY

Last sold 05/09/2019
$380,000



LISTING DESCRIPTION
as of September 2019

Bay views next to the Tan LongView Guaranteed Rent: $450 p.wRental Yield: 6.17% p.aCapital Growth: 2.35% p.aCouncil Rates: $824.42 p.aWater Rates: $587.60 p.aBody Corp: $2795.90 p.aInternal Size: 50sqmPrimary School: South Melbourne PrimarySecondary School: Collingwood CollegeLocated within the impressive Eight development, this expansive one bedroom plus study apartment offers enviable views across Melbourne, while incorporating superb building facilities including an on-site building manager, access to the full gymnasium, and caf dining directly on the ground floor. Located just moments from St Kilda Road trams, Royal Botanic Gardens, South Melbourne Market and Albert Park Lake, this low maintenance property presents an exceptional opportunity for a quality investment with above 6% yield.Flooded with natural light, the spacious open plan living and dining area flows directly through floor-to-ceiling glass sliding doors onto a full width entertainers' balcony with sweeping views across to Port Philip Bay.The well appointed stone kitchen comprises Blanco stainless steel gas appliances, and makes use of a thoughtful layout to maximise storage space.A generous carpeted bedroom features built-in wardrobes and a full wall of windows, while a dedicated secluded study space offers flexibility, ideally laid out for use as a dining area if preferred.The sleek contemporary bathroom with bathtub incorporates a European laundry, while the apartment also features plush carpeting, heating and air conditioning throughout, secure video intercom entry, and car space on title in the underground car park with additional visitor parking.Situated just meters from trams directly to Melbourne's finest dining and shopping precincts, and within walking distance of Crown Casino, Southbank shopping and Arts Centre Melbourne, this elevated apartment offers an ideal entry to the area, pied--terre, or investment property.