SOLD
Sold on 17 Jan 2024 for $515,000

505/74-76 Eastern Road
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Sold By
Landnest Real Estate
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Property Details for 505/74-76 Eastern Rd, South Melbourne

505/74-76 Eastern Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
51m2
Local Government
Port Phillip
Lot/Plan
505/PS742134

Last Listing description (February 2024)

Exuding unmatched opulence and Gurner's distinctive grace, this one-bedroom plus study apartment epitomizes uncompromising quality.

Upon entering through the building's refined marble and mirror-lined foyer, meticulously curated by the discerning eye of David Hicks, the interiors immediately seize attention.

High ceilings adorned with recessed lighting, impressive stone benchtops, and top-tier Miele appliances define the epitome of luxury living. Wide board timber floors and immaculate white-washed walls seamlessly blend with sophisticated black and gold accents, creating a welcoming atmosphere within the expansive open-plan living and dining area that extends to a covered balcony.

The bedroom is bathed in natural light and features built-in robes and blinds. Standout features include a hotel-inspired bathroom with subtle undermount lighting and concealed laundry facilities. Enjoy the comforts of ducted heating and cooling, peaceful double-glazed windows, secure intercom entry, and the convenience of a lift.

Immerse yourself in an inner-city lifestyle where every conceivable amenity, from CBD trams to the South Melbourne Market, Albert Park, MSAC and tourist hotspots like the Botanical Gardens, is easily accessible from your doorstep.

? Spacious 1-bedroom residence with a standalone study room
? Outstanding garage space plus convenient on-street parking
? Lovely balcony extending from the open-plan living area
? Well-appointed 'Cooks' kitchen featuring a breakfast bar
? Ample storage, Chevron flooring, and abundant natural light
? The finishing touch: LED coffered ceilings for a sophisticated touch

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

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Property History for 505/74-76 Eastern Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$515,000
17 Jan 2024
Listed for Rent
$500/w
24 Jan 2023
  • 17 Jan 2024
    Sold for $515,000
  • 04 Dec 2023
    Listed for Sale Not Disclosed
  • 17 Jan 2023
    Listed for Rent $500 / week
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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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 20.54% increase in median value, while Units have seen a -1.71% decrease. As at 30 September 2024:

  • The median value for Houses in South Melbourne is $1,707,254 while the median value for Units is $593,256.
  • Houses have a median rent of $740 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 42 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 433 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.