FOR SALE
$460,000 - $500,000

1607/245-251 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Opulent Southbank apartment with sweeping views across Melbourne

Experience the epitome of urban sophistication with this exquisite, contemporary apartment, superbly positioned in the heart of Melbourne’s vibrant Southbank. Residents enjoy the luxury of being within a short walk to South Melbourne Primary School, Port Melbourne Secondary College and iconic waterfront dining along the Yarra River. Tram stops for routes 234 and 236 are conveniently located directly out front, facilitating effortless access to Melbourne’s extensive tram network.
This prime location is just moments from renowned galleries, retail and entertainment options, as well as the Melbourne Park Tennis Centre, host to the Australian Open.
This modern complex of apartments boasts a sleek and stylish exterior. The suite features high square-set ceilings, modern LED downlights and expansive windows that bathe the space with natural light and offering uninterrupted views of the bay and Albert park. The interior design incorporates an open-plan living and dining area, complemented by AC, roller blinds and a balcony with glass balustrades—perfect for savouring your morning coffee with a view.
The kitchen features luxurious finishes such as a glass splashback and 40mm stone countertops with waterfall edges. It is equipped with gloss white handleless soft-close cabinets, a three-seater breakfast island and high-quality appliances including a dishwasher, electric oven and gas cooktop.
There are two generously sized bedrooms, each with premium carpet and full-height windows that capitalise on the expansive bay and park views. The main bathroom exudes elegance with full-height wall tiles, a semi-frameless shower, ceramic sink, vanity and mirrored cabinetry.
Residents benefit from top-tier building amenities, including a state-of-the-art gym, communal indoor/outdoor spaces ideal for social gatherings and access to an indoor infinity pool with sweeping views across Melbourne and the Yarra River.
Property Specifications:
· Two bedrooms, open-plan living and dining, balcony, sweeping Melbourne bay and park views
· Communal facilities include gym, entertaining levels and indoor infinite pool
· Highly appointed bathroom and kitchen with stone finishes
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Property Details for 1607/245-251 City Rd, Southbank

1607/245-251 City Rd, Southbank is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Gao Real Estate.

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 28,051 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1278 properties were sold in the past 12 months in Southbank.

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