FOR SALE
$400,000 - $440,000

3006/245 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
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Stunning Lake & Bay View at Southbank

Palladium Tower is a symbol of urban sophistication, rising gracefully over 51 floors in the dynamic Southbank area. This stunning piece of architecture represents modern elegance and offers unbeatable proximity to Melbourne's top destinations. Located on the 30th floor, this 1 bedroom 1 bathroom apartment offers an ideal blend of urban convenience and investment potential.
Features:
- A spacious floor plan with luxury finishes features quality hardwood floors in the living area
- Floor-to-ceiling window views with access to the private balcony for you to enjoy city views and magical sunsets.
- Modern kitchen with stainless steel appliances including dishwasher, gas cooktop, quality oven, and built-in microwave.
- Carpets throughout the bedrooms and roller blind window dressings.
- The bedroom features a built-in wardrobe with a mirrored sliding door and is filled with natural light.
- The bathroom has a walk-in shower, vanity and shelf storage and concealed laundry with space for a washing machine and dryer.
Additional building amenities include secure swipe entry with an intercom, a large infinity pool, a sauna and a gym. Residents also have access to private function rooms and a landscaped BBQ area overlooking Melbourne City. For added convenience, a Woolworths Metro Supermarket is located on the ground floor of the building.
Chloe Zang on 0430 034 988 or Gavin Liu on 0406 679 777
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Property Details for 3006/245 City Rd, Southbank

3006/245 City Rd, Southbank is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 50m2. The place is currently for sale with Hoyee Property Group.

Building Type
Apartment
Floor Size
50m2

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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 27,878 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 177 properties listed for sale, and 236 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1221 properties were sold in the past 12 months in Southbank.

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Chloe Zang
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Gavin Liu
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Hoyee Property Group
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