Bay views next to the Tan
1313/8 Dorcas Street, Southbank
LongView Guaranteed Rent: $450 p.w
Rental Yield: 6.17% p.a
Capital Growth: 2.35% p.a
Council Rates: $824.42 p.a
Water Rates: $587.60 p.a
Body Corp: $2795.90 p.a
Internal Size: 50sqm
Primary School: South Melbourne Primary
Secondary School: Collingwood College
Located 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 café 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...