101/135 City RoadSouthbank VIC 3006
Property Details for 101/135 City Rd, Southbank
101/135 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (March 2023)
Located at the Heritage part of the WRAP Tower.
The apartment is leased until 30/06/2024 - $1520 per calendar month
EASY INVESTMENT WITH STELLAR RETURNS
The lease will end on 30/06/2024 - the buyer will have all the options open.
Southbank's landmark WRAP complex (completed in 2014) sets the scene for this first-floor serviced apartment delivering an impressive rental yield of approx 18K per annum - that's nearly 6%! The light-filled interior comprises one double bedroom (with BIRs) and stylish ensuite bathroom, a stone-top kitchen
with Smeg cooking appliances, lounge/meals area and a balcony with a city-skyline outlook. Other features include Daikin split-system heating and cooling, integrated laundry facilities, plus residents' pool, sauna and gymnasium, an entry foyer with a concierge and 24-hour security. Moments from riverside restaurants and shopping center, walking distance to Queensbridge Street/Sturt Street trams, casino precinct, Kings Domain, Royal Botanic Gardens, and the CBD, as well as easy access to City/CBD
Located in the most convenient precinct of South Bank accompanied by Crown entertainment complex, Yarra river, Botanic garden, Arts centre, and public transport only minutes away, this stylish modern apartment at building WRAP consists of quality-built units with cutting-edge facilities that inspire contemporary urban living. Heating and cooling, secure entrance, high-class restaurant and cafe on-premise. Also enjoy the resort-style facilities including a pool, sauna and gym.
Property History for 101/135 City Rd, Southbank, VIC 3006
- 20 Feb 2023Sold for $280,500
- 01 Sep 2022Listed for Sale $280,000 - $285,000
- 04 Jul 2017Listed for Sale First Home Buyer
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0About Southbank 3006
The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.
Southbank has 28,089 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:
- The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
- Houses have a median rent of $670 while Units have a median rent of $670.
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