802/338 Kings WaySouth Melbourne VIC 3205
Property Details for 802/338 Kings Way, South Melbourne
802/338 Kings Way, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1408m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (January 2022)
This stunning and spacious 2-bedroom apartment features uncompromising design within the highly recognizable Silverleaf building. An unsurpassed location brings every imaginable convenience to your door, including walking distance to the up-coming Anzac train Station, Albert Park Lake, Royal Botanic Gardens and the cultural South Melbourne Market.
An intelligent floor plan creates a tranquil yet refined atmosphere, highlighted by its large living spaces, which fully captures sunlight flowing through-out the apartment. An open plan living and dining area connects to a cutting edge kitchen delivering gourmet functionality with Smeg appliances, stone benchtops, glass splashbacks and an integrated dishwasher. A large master bedroom includes mirrored built-in-robes and en-suite while the second bedroom also incorporates BIRs, with all rooms sufficiently filled with natural light from full sized windows.
Further inclusions:
- Double roller blinds in all rooms
- Wooden flooring
- Fully soft-close drawers with plenty of storage space.
- Dedicated fast optic fibre internet.
- Split system heating/cooling
- Concealed European laundry
- Secure undercover parking with storage cage on the same level
- Intercom entry with full-time building manager.
Exceptional opportunity for a family desiring a convenient and vibrant lifestyle, at the same time being an attractive investment thanks to its historically high rental yield.
Please call Ben on 0426 810 614 for inspection details
Property History for 802/338 Kings Way, South Melbourne, VIC 3205
- 24 Jul 2024Sold for $550,000
- 05 Jan 2022Sold for $550,000
- 25 Nov 2021Listed for Sale $545,000 - $565,000
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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 11,173 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.
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