OFF MARKET

116/88 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
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Property Details for 116/88 Park St, South Melbourne

116/88 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1997
Floor Size
91m2
Local Government
Port Phillip
Lot/Plan
116/PS403941

Last Listing description (September 2023)

Generous proportions and a coveted lifestyle position define this elegantly attired contemporary apartment. Discover a light-filled haven of impressive space, with the open-plan living/dining area flooded with northern suns. Step out to the private balcony also oriented to the north, and enjoy entertaining with City views. The premium kitchen is well-appointed with stone benches and stainless steel appliances, whilst 2 robed bedrooms (main with en-suite/WIR), immaculate bathroom, basement car space and storage cage promise a lifestyle of enduring comfort. The ultimate package with the advantage of exclusive facilities including heated swimming pool, tennis court, gymnasium and BBQ area. Situated in a wonderfully convenient location with trams at your doorstep, St Kilda Road and Botanical Gardens merely moments away plus close proximity to Clarendon Street Shopping precinct, the CBD, South Melbourne Market and Albert Park sporting precinct.

To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 116/88 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$635,000
11 Jul 2023
  • 11 Jul 2023
    Sold for $635,000
  • 29 Jun 2023
    Listed for Sale UNDER OFFER
  • 22 Jul 2016
    Sold for $560,000
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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 11,165 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 46 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 415 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.