This modern and spacious 1 bedroom apartment within the 'Port One Eleven' development is moments from the Port Melbourne beach and cosmopolitan Bay Street with its many cafes, restaurants and shops.Take advantage of this great owner occupied or investment opportunity to purchase with a current month-by-month lease in place with a long term tenant. The property has been meticulously designed with thoughtful spaces including the added advantage of a secluded study nook and open plan living and dining area overlooking a private balcony fit for alfresco entertaining. The gourmet kitchen is equipped with integrated Miele appliances, stone benchtops and clever storage solutions.The main bedroom overlooks the balcony and is made more spacious by the separate walk-in-robe and direct access to the bathroom which features superb fittings to create luxury and hides a euro style laundry with basin. Off street parking, storage cage and lift access adds to the appeal as does the location which allows for the quintessential Port Melbourne lifestyle with Port Melbourne beach, parklands, Bay Street, Gasworks Park, and tram access into the CBD just 5km away.