308/154 Cremorne Street, Cremorne VIC 3121

Balcony outlook | quiet pocket | walk to Swan St | premium finishes over floorplan This two-bedroom flat in The Malt District is positioned above the Cremorne median for a reason — the build quality, amenity access, and low-density feel of the precinct offer a tangible edge over newer, tighter apartments nearby. The split system, dishwasher and built-in robes are functional but the real buying case is the combination of a car space and flood-free site in a heritage overlay zone, which limits future supply and protects long-term value. It suits a professional couple or investor seeking a solid hold in a tightly held inner-ring pocket. The heritage overlay imposes renovation constraints, meaning any upgrade will need council approval and likely cost more than expected. The flood overlay is present but not severe — still, insurance premiums may be slightly elevated. Opticomm FTTP and 5G coverage are present but not dealmakers. At the current price range, the buyer is paying a premium for location and build quality over yield. Hold this property for medium-term capital growth and treat any cosmetic updates as optional, not essential.