FOR SALE
$410,000 - $450,000

99/28 Southgate Avenue
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 67m2
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Over-sized 1-Bedroom Apartment in Premium Arts Precinct Location

• Iconic Arts Precinct Location
• Light-Filled Living/Dining Zone and Desirable Balcony
• Well-Appointed Kitchen with Premium Appliances
• Spacious Master Bedroom and Adjoining Study
• Large Bathroom with Concealed Euro Laundry
• Resident Access to Gym, Spa and Lounge Facilities
• Walk to Prominent Local Attractions
Located in the heart of Melbourne's arts and entertainment community, immerse yourself in a vibrant cultural lifestyle with this beautifully maintained riverside apartment. Next door to the iconic Arts Centre and a short stroll to the Southbank Promenade and the CBD, the stunning waterside locale will be a major drawcard with buyers.
Brimming with natural light and a perfect match for those looking for a low-maintenance inner-city base, the apartment's sunlit layout features an expansive living/dining zone that's complemented by an accessible balcony with city skyline outlooks. A fully equipped U-shaped kitchen boasts granite benchtops and premium appliances.
The large bedroom showcases built-in robes plus an adjoining study with access to a well-appointed bathroom including a bath-shower. Other highlights include a Euro laundry, heating/cooling split-system unit plus secure intercom entry.
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Property Details for 99/28 Southgate Ave, Southbank

99/28 Southgate Ave, Southbank is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 67m2 and floor size of 67m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Floor Size
67m2
Land Size
67m2

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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 28,055 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 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1285 properties were sold in the past 12 months in Southbank.

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Michael Pastrikos
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Giorgio Fulli
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Ray White Southbank | Port Phillip
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