706/79 Market St, South Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Oversized 64sqm approx. “end” apartment Scandinavian interiors with quality fixtures and fittings throughout- One double bedroom with built in robes, floor to ceiling windows- Open plan living and study nook leading out to spacious terrace with views- Contemporary kitchen – stainless steel appliances; gas cooktop and dishwasher- Sophisticated central bathroom with ample storage - Separate European laundry facilities - 56sqm approx. internal plus terrace 8sqm approx. – Total: 64sqm approx- Heating and cooling; oak engineered floorboards throughout - Security building; boutique low rise of 68 apartments - Security undercover carspace and storage cage - Rental return up to $450pw ($23,400pa approx)- Owners corporation $616pq approx Ideal first home or investment. Appeal is significantly enhanced by a majority owner occupied boutique building, communal rooftop terrace and a quiet City side location close to icons as the South Melbourne Market and Clarendon Street. CBD bound trams, Crown Casino, Southbank precinct, Yarra trails and easy access to Citylink in close proximity.Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
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:
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