OFF MARKET

705/39 Park Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1264m2
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Property Details for 705/39 Park St, South Melbourne

705/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1264m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Land Size
1264m2
Local Government
Port Phillip
Lot/Plan
705/PS818660

Last Listing description (August 2023)

"Park Avenue", modern in style, this building and residence offers true "New York" park style living and luxury.

Location, location - situated walking distance to Albert Park Lake and Royal Botanic Gardens, tram stop at your front door which leads you to Melbourne Zoo, Queen Victoria Market, Crown Entertainment Complex, Shrine of Remembrance and Toorak Road shopping.


The luxurious apartment and interior features:

- West facing sunlit lounge / dining space, perfectly proportioned with timber flooring and split system for comfort
- Main queen sized bedroom with ensuite, capitulates the views with its own balcony
- Second bedroom with also BIR's and own split system
- Kitchen space, with Smeg appliances, stone bench tops and plenty of storage space
- Main bathroom with quality fixtures and fittings
- Fully equipped gym, oversized spa pool, Swedish sauna, residents lounge and main entry concierge
- Euro laundry and additional storage cupboard
- Double glazed windows for convenience and quiet comfort
- Included with the apartment is a garage car space (car stacker) for one car and storage cage.

The epitome of elegance and inner Melbourne living, the development fronting Park Street features 132 apartments over the tower section with a 5 story podium and 2 large retail spaces at the front.

Please enquire to arrange an inspection.

Property History for 705/39 Park St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$648,000
07 Feb 2020
Listed for Rent
14 Aug 2023
  • 24 Jul 2023
    Listed for Rent $650 / week
  • 19 Apr 2022
    Listed for Rent $560 / week
  • 07 Feb 2020
    Sold for $648,000

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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 11,171 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 54 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.