SOLD
Sold on 25 Mar 2024 for $750,000

1108/241-243 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 2531m2
Sold By
Ray White Southbank & Port Phillip
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Property Details for 1108/241-243 City Rd, Southbank

1108/241-243 City Rd, Southbank is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2531m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
86m2
Land Size
2531m2
Local Government
Melbourne
Lot/Plan
1108/PS638212

Last Listing description (May 2024)

Exclusive Mainpoint Complex with Breathtaking Views
Open Plan Living/Dining and Generous North-Facing Balcony
Quality Kitchen with High-End Appliances

Spacious Main Bedroom with Luxurious Ensuite
Two Additional Bedrooms with a Deluxe Second Bathroom
Split-System Heating and Cooling and Secure Intercom Entry
Residents' Indoor Pool, Gym and 24-Hour Concierge
Undercover Car Park on Title
Available with Vacant Possession

Nestled within the exclusive MainPoint complex, this ultra-modern three-bedroom apartment epitomizes inner-city living at its finest with its breathtaking views of the CBD skyline, and unbeatable location, providing residents with an unparalleled urban experience.
Designed to maximize its north-facing aspect, the apartment invites residents to unwind and soak up the sun on its terrace balcony. Here, amidst the high-rise scenery, one can escape the hustle and bustle of urban life and find solace in the tranquil ambience. Whether enjoying a morning coffee or evening cocktail, the terrace offers a serene retreat with panoramic vistas stretching across the cityscape.

Inside, the accommodation exudes sophistication and style, bathed in natural light that floods through floor-to-ceiling glass sliding doors. The open-plan kitchen/living/dining area boasts crisp white walls, plush carpeting, and contemporary furnishings, creating an inviting space to relax and rejuvenate. With its seamless blend of form and function, this area serves as the ultimate sanctuary, where residents can decompress after a long day and entertain guests with ease.

Beyond the exquisite interiors, the apartment offers an array of amenities designed to enhance the quality of life for its residents. From the gourmet kitchen with its elegant cabinetry and high-end appliances to the resort-style facilities including a heated pool and fully equipped gym, every aspect of urban living is catered to. With its proximity to Southbank's Promenade, South Melbourne Market, and Crown Casino, as well as easy access to public transport hubs, this property presents an unparalleled opportunity for owner-occupiers and investors alike to indulge in the good life where luxury knows no bounds.

Property History for 1108/241-243 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$750,000
25 Mar 2024
Listed for Rent
$550/w
05 Feb 2021
  • 25 Mar 2024
    Sold for $750,000
  • 29 Feb 2024
    Listed for Sale $750,000 to $800,000
  • 04 Nov 2020
    Listed for Rent $550 / week
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About 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 28,048 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 215 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

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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.