812/11 Shamrock Street Abbotsford VIC 3067

1-bedroom unit in Green Square precinct | flood overlay flagged | strong commuter location | building amenities add lifestyle appeal This unit offers a rare combination of compact footprint and resort-style building amenities, which typically commands a premium in the inner-city rental market. The heated pool, gym, and rooftop spaces effectively extend the livable area beyond the apartment’s walls, making it a strong option for a professional or investor targeting tenants who prioritise lifestyle over square metres. The Green Square precinct’s proximity to trams and trains, plus school catchment for Yarra Primary and Richmond High, adds enduring demand from both owner-occupiers and renters. The confirmed flood overlay introduces higher insurance costs and may affect future resale liquidity, particularly for cautious buyers. This risk is partially offset by the building’s modern construction and the precinct’s established infrastructure. The absence of a car space is a minor constraint but aligns with the target demographic. For an investor, the $495 per week rental estimate supports a yield near 8%, which is strong for the area. Hold this unit as a long-term rental or entry-level home, and factor flood insurance into your holding cost from day one.