1506/22 Dorcas St, Southbank is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1826m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/2-1681911/926714c2-9642-4bb8-ab45-256029015a19.pdf . Please copy & paste this information into your browser address bar.
On offer is this beautifully designed, 1 bedroom ELM apartment showcasing fantastic views of Port Philip Bay and the CBD.
With a lease in place until October 2021 returning 5%, this property is perfect as a stable investment for the wise investor - Elm is a state-of-the-art building, with quality apartments and luxurious amenities.
The large bedroom features full-length built-in-robes and clever storage solutions, complimented by the well designed, contemporary bathroom with a rain shower head. The kitchen comes equipped with Miele appliances, ample storage, and sleek, stone bench tops.
The adjoining living room is comfortable in size with full-length windows allowing plenty of natural light and wonderful views.
Also included is a Euro-laundry, substantial built-in storage, secure swipe & intercom entry, secure car space and huge storage cage, split system heating & cooling, on-site gym, plunge pool, spa, and BBQ facilities.
With public transport, the Botanical Gardens, Albert Park, world class shopping, and an array of restaurants and bars on your doorstep, this must see apartment is perfectly situated only minutes from the CBD and City Link.
The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.
Southbank has 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:
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