FOR SALE
$730,000

120/120 Sturt Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Sutherland Place: A Southbank Sanctuary

Welcome to Sutherland Place, an idyllic haven nestled within lush greenery and surrounded by meticulously maintained gardens, this low-rise complex stands as a serene retreat in the heart of the Southbank Arts Precinct.
Generously proportioned for comfortable apartment living, the spacious open plan living room spills onto a balcony creating a seamless transition between indoor comfort and the tranquil garden views. The kitchen offers an adjacent dining area, both double bedrooms have built in robes and are serviced by a large central bathroom with euro style laundry.
The residence is built encompassing beautifully landscaped grounds, with the inground pool and spa taking centre stage. A full-sized outdoor tennis court and fully equipped gym round out the impressive list of resort style facilities at your disposal including a secure basement car space.
The location is blue-chip with the excitement of the city and surrounds, within easy walking distance of the National Gallery, Kings Domain, Botanic Gardens as well as being in prime position for all the sporting and entertainment events Melbourne has to offer.
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Property Details for 120/120 Sturt St, Southbank

120/120 Sturt St, Southbank is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with RT Edgar Albert Park.

Building Type
Apartment

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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

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Julia Peters
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RT Edgar Albert Park
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