This is a lovely little apartment, situated close to South Yarra station. It was very clean and well stocked, great for staying there a night or a week.
Sadly due to the design of the building, it was very noisy. It's on the ground floor, next to a water feature and lights that are on all night. Residents walk past the bedroom on their way to the building's entrance, and people talking quietly or even walking with heavy shoes is enough to wake someone up because the noise reverberates. On a Friday night I was woken up every hour as people came home. I got some earplugs for the following nights, but paying this much I wouldn't expect to have to wear earplugs to get a good night's sleep.
It's also very dark, because there's a ceiling that stretches out over the water feature outside. There's a frosted glass outside area by the lounge, but the bedroom has a huge window that looks directly out on the walkway, so you'll probably keep that blind closed. Fine at night, but you probably won't want to spend much time there during the day.
Unless you're a heavy sleeper who doesn't intend to spend any time in the apartment during the day, for the price I'd recommend an apartment elsewhere.