OFF MARKET

24/106 Southbank Boulevard
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 109m2
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Property Details for 24/106 Southbank Bvd, Southbank

24/106 Southbank Bvd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 109m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
1993
Floor Size
95m2
Land Size
109m2
Local Government
Melbourne
Lot/Plan
49/PS324591

Last Listing description (September 2024)

History and Background of the Complex

The construction of the Southside Gardens complex began in the early 1990s, aimed at providing residents with modern living facilities and a serene environment. This development project embodies the perfect blend of high-quality architectural design and natural landscapes. Over time, this complex has become one of the iconic residences in the Southbank area, attracting numerous homebuyers and investors.

Geographical Advantages

Located at 106 Southbank Boulevard, Southside Gardens enjoys a prime position in the heart of Melbourne's city center. Southbank is one of Melbourne's most vibrant areas, close to many cultural and entertainment facilities such as the National Gallery of Victoria, Crown Entertainment Complex, and the Arts Centre. Residents can easily walk to these landmarks while enjoying convenient public transport connections, including trams and trains, making travel to any part of Melbourne incredibly easy.

Residential Advantages

Residents of Southside Gardens enjoy a range of high-end living facilities, such as a swimming pool, gymnasium, BBQ area, and meticulously maintained gardens. These amenities not only enhance residents' quality of life but also create a vibrant and community-oriented living environment. Additionally, the complex has a full-time caretaker, ensuring that all facilities and surroundings are always in top condition.

Investment Potential

Properties at 106 Southbank Boulevard are highly sought after, not only for their prime location and high-quality living facilities but also for their significant investment potential. The real estate market in the Southbank area has consistently performed well, with property values steadily increasing, providing investors with excellent return opportunities. Whether for long-term living or rental investment, properties here offer tremendous appeal and potential benefits.

Conclusion

106 Southbank Boulevard, Southside Gardens, offers a unique blend of luxurious living, prime location, and tranquil environment. Whether you are looking for a place to call home or a promising investment opportunity, this property provides exceptional value and a lifestyle that is hard to beat.

Dont miss out on this unparalleled opportunity to secure your own slice of Melbourne's most desirable living. Schedule a viewing today and envision your new life at Southside Gardens.

Key Features
- Newly paint
- Open-Plan Living: The spacious living, kitchen, and dining area boasts polished concrete floors
- High ceilings, and stainless steel appliances.
- Enjoy the comfort of a reverse cycle heating/cooling system.
- Sun-Drenched Terrace: Benefit from north-westerly sunlight on the terrace that overlooks the communal resort parklands, gymnasium, and pool.
- Two Bedrooms: Both bedrooms come with built-in robes
- New soundproof windows, ensuring peaceful and restful sleep.
- Modern Amenities: The apartment includes a separate bathroom with a Euro laundry, recently repainted and repaired.
- Pet and Child-Friendly: The communal parklands provide a safe environment for children and pets to play.

Schools

Victorian College Of The Arts Secondary School - 0.5km
The Meridian International School - 1.1km
Montague Continuing Education Centre - 1.2km
Ozford College - 1.3km
New Generation College - 1.4km
Melbourne Grammar School - 1.5km
Mac Robertson Girls High School - 1.6km
Melbourne Grammar School (Domain Rd) - 1.6km
Stott's College - 1.8km
Taylors College - 1.9km
Holmes Secondary College - 2.0km
Melbourne Girls Grammar - 2.3km

Note: All information provided on the website, including internal and external property areas (floor size, address, and general property description), has been supplied to L Real Estate by third parties. Buyers are encouraged to conduct due diligence before purchasing a property.

Property History for 24/106 Southbank Bvd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$685,000
04 Mar 2017
Listed for Rent
$650/w
09 Sep 2024
  • 09 Aug 2024
    Listed for Rent $650 / week
  • 11 Jun 2024
    Listed for Sale $650,000 - $698,000
  • 17 Mar 2023
    Listed for Rent $520 / week
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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 225 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1286 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.