OFF MARKET

1/59 Dow Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 92m2
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Property Details for 1/59 Dow St, South Melbourne

1/59 Dow St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2004
Floor Size
92m2
Local Government
Port Phillip
Lot/Plan
1/PS525962

Last Listing description (July 2023)

OBVIOUS
Discover the epitome of urban elegance with this sensational warehouse conversion, meticulously crafted by the award-winning architects, Neometro. Merging seamlessly with a designer refurbishment, this remarkable property unveils a sophisticated and stylish inner sanctuary. Be captivated by the warm ambiance created by the wide French oak floors, perfectly harmonizing with the original warehouse's solid concrete ceilings and charming bagged brick walls.

The scale of the living space is expansive, incorporating an open plan layout that seamlessly merges the living and dining areas. Storage abounds, complementing the sleek and streamlined gourmet kitchen. Adorned with premium Neff and Miele appliances, as well as stone benches, the kitchen serves as a culinary haven.

Additional features include a fitted study nook, wine racks, and an inviting real-wood Jet Master fireplace, adding both practicality and charm to the living space. At one end of the residence, bi-fold doors open to reveal a stunning private north-facing decked outdoor precinct. Picture yourself lounging on banquet seating, basking in the sunlight, while an automatic sun awning provides shade when desired. This enchanting oasis is perfect for hosting gatherings or indulging in moments of relaxation. The bedroom, up to a captivating private courtyard oasis, is a haven of tranquility and beauty, complete with built-in robes for your storage needs. Adjacent to the bedroom, a designer bathroom awaits, offering both functionality and aesthetic appeal.

Furthermore, there is provision to easily create a second bedroom or a home office.
Thoughtfully equipped with features such as cast-iron hydronic heating, split system R/C air conditioning, a Euro-laundry, basement storage cage, and a designated car space, providing convenience and peace of mind.

SEALS THE DEAL
Situated mere moments away from Clarendon Street's bustling shops and restaurants, the vibrant South Melbourne Market, the picturesque Albert Park Lake, the serene Albert Park beach, South Melbourne Pavilion and convenient tram connections to the city, this location offers the best of inner-city living.

Property History for 1/59 Dow St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,252,000
03 Jul 2023
Listed for Rent
$520/w
03 Aug 2010
  • 03 Jul 2023
    Sold for $1,252,000
  • 15 Jun 2023
    Listed for Sale Not Disclosed
  • 19 Dec 2020
    Sold for $1,100,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,173 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.