1108/8 Sutherland Street, Melbourne VIC 3000

11th floor CBD apartment | flood overlay flagged | 7% gross yield possible | strong investor or downsizer appeal A competitively positioned two-bedroom apartment on the 11th floor of a Melbourne CBD building offers genuine buying leverage. The open-plan layout with floor-to-ceiling windows and city views is a clear differentiator in a market where many units lack natural light. The secure car space and building gym and pool add weight for both owner-occupiers and investors. At a price point near recent valuations, and with a rental estimate supporting a gross yield around 7%, this property suits a buyer seeking immediate cash flow or a central home with strong amenity. The short market time suggests limited competition, giving a buyer room to negotiate. The flood overlay is the primary risk and must be costed through insurance quotes and council maps before proceeding. It does not preclude purchase but may affect holding costs and resale appeal to cautious buyers. The older valuation of $463,000 is not current but signals that price discipline is warranted. For an investor, the yield is compelling; for an owner-occupier, the location and views justify the premium. Hold this property as a long-term rental or primary residence, and use the flood overlay as a negotiation point rather than a dealbreaker.