FOR SALE
$370,000 - $390,000

3106/283 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 56m2
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Stunning North Facing 1-Bedroom City Pad with Winter Balcony

Nestled within the highly sought-after Bank Apartments in the bustling heart of Southbank, this exquisite residence places you mere steps away from The Crown Complex, Clarendon Street, South Melbourne Market, and the CBD. Offering a seamless blend of style, comfort, and convenience, this property promises a lifestyle of unmatched ease and sophistication.
The building is the epitome of urban living, with a host of premium amenities that include a heated indoor pool, spa, sauna, fully equipped gymnasium, dedicated cardio room, and a residents' lounge. For added comfort and security, enjoy the convenience of a 24/7 concierge service.
This stunning one-bedroom apartment features a sleek contemporary design enhanced by spectacular north-facing city views. The well-appointed kitchen, equipped with stainless steel appliances, flows effortlessly into a spacious living area bathed in natural light. Step out onto the winter balcony to take in the panoramic cityscape, the perfect spot to relax all year round. The bedroom, framed by floor-to-ceiling windows, captures breathtaking views of Melbourne's iconic skyline and includes a large mirrored built-in wardrobe for ample storage.
Additional features include:
- North Facing Winter Balcony
- Secure intercom entry
- Split-system heating and cooling
- Euro laundry
- Currently in a Fixed Term Lease until June 2025 rented at $500 per week
- 200m from Crown Casino
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Property Details for 3106/283 City Rd, Southbank

3106/283 City Rd, Southbank is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 56m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Land Size
56m2

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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 27,871 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 167 properties listed for sale, and 222 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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Taylor Sims
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Ray White Southbank | Port Phillip
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