118/85 Market StreetSouth Melbourne VIC 3205
Property Details for 118/85 Market St, South Melbourne
118/85 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in October 2014.
Last Listing description (October 2024)
Perfectly positioned between the South Melbourne Market and Albert Park Lake, this meticulously designed apartment, once the Australian Post Centre, blends modern luxury with a prime inner-city lifestyle. Crafted by the acclaimed Point Architects, it offers a sophisticated living experience with high-end finishes and thoughtful design, all just a stone's throw from two supermarkets, boutique shopping, and award-winning restaurants.
The apartment features two spacious, carpeted bedrooms with mirrored built-in robes that provide ample storage. The open-plan living and dining area extends seamlessly to a large private terrace, ideal for entertaining or unwinding. The stylish kitchen boasts stone benchtops, premium Smeg appliances, a dishwasher, and an island bench, creating the perfect space for cooking and hosting.
A sleek and well-appointed central bathroom includes a shower and toilet, while a European laundry offers everyday convenience. The home is finished with timber flooring throughout, double-glazed windows, and split-system heating and cooling that ensure comfort in every season.
On Level 7, enjoy access to the exclusive common area with a BBQ space, fire pit, and spectacular views of the city. Additionally, public transport, including the tram on Clarendon Street, is literally at the end of the street and just a two-minute walk away, providing easy convenience. Secure undercover parking for one car and a storage cage complete this exceptional offering.
Property History for 118/85 Market St, South Melbourne, VIC 3205
- 02 Oct 2024Listed for Sale Private Sale: $609,000
- 11 Jan 2023Listed for Rent $580 / week
- 14 Sep 2021Listed for Rent $400 / week
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0About 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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:
- The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
- Houses have a median rent of $750 while Units have a median rent of $625.
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