Back 1601/8 Downie Street
Off Market

1601/8 Downie Street

Melbourne VIC 3000

1
1
Apartment

Overview

INVEST NOW, NEST LATER

This truly enormous one bedroom apartment set on approximately 63 square meters has all you could desire in an inner city pad. Located in a highly desirable location only moments away from all of Melbourne's attractions including Etihad Stadium, Southern Cross Complex, the Yarra River, Crown Casino Complex and many of Melbourne's finest restaurants and retail shops. When you enter the apartment you are confronted instantly by a sense of space and serenity akin to a private retreat. The expansive open plan living and dining area benefits from an abundance of natural light and enjoys more than enough space for you to furnish to your tastes. The kitchen is equipped with all you could need, including gas cook top, stainless steel appliances, pull out pantry and an abundance of bench and cupboard space. The king sized bedroom truly is a terrific size and comes complete with full length mirrored built in robes which can accommodate even the most lavish of shoppers. The bathroom is stunning, finished in Caesar stone and features all the essentials with plenty of room to manoeuvre. Residents of Eifel Apartments will also enjoy the use of the resort style facilities including pool, spa, gym and sauna, not to mention full time building manager, security swipe card entry and video intercom to ensure your security. Currently leased until November 2014 for $405 per week, you can simply invest now then nest later. Once the lease has expired in November 2014, you can either move in yourself with no restriction or lease out again to further capitalise on this amazing property! A property like this comes along once in a lifetime, inspection is a must! Do not hesitate as it is unlikely such an opportunity will present itself again. Duncan McPhee : 0448 909 329

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1601/8 Downie Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1601/8 Downie Street

2018
Rented
Undisclosed
Leased on 08 Jan 2018 by BRADY residential
2013
Sold
Undisclosed
15 Dec 2013

Happy sellers in Melbourne

83%
83% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 130 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 613 one-bedroom apartments similar to 1601/8 Downie Street, have been sold.

This represents a 12% increase in one-bedroom apartments sales when compared to the previous 12 months.

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