1115/31 City RoadSouthbank VIC 3006
Property Details for 1115/31 City Rd, Southbank
1115/31 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2022)
Situated in the highly regarded Southbank location with the iconic Arts Centre, beautiful Yarra Promenade, and Royal Botanic Gardens just a stone's throw away, this wonderful 1 bedroom (plus study) apartment in the "Mantra Southbank" offers designer class and city convenience.
Southbank locations don't get much better for a long term investment appeal (expires 2027)
Fully furnished and in pristine condition
Modern kitchen fitted with quality stainless steel appliances and Fisher & Paykel dishwasher
Spacious bedroom boasts mirrored built-in robe storage also features a handy study nook or retreat space
Quality contemporary bathroom
Laundry facilities
Ducted heating and cooling
Secure intercom entry 24 hours
Guaranteed minimum return of $17,160 PA plus some stay-in options (conditions apply)
AMENITIES
Residents of Mantra Southbank will have access to a 20m heated indoor swimming pool, spa, and gymnasium on level 18 with breathtaking views.
PROPERTY SIZE
Internal 41m2
LOCATION
Arguably Southbank's best location, you have brilliant access to an array of arts and cultural attractions including Hamer Hall, National Gallery of Victoria, and Melbourne Recital Centre. Southbank Promenade will be bustling on the weekend and is great for a Friday night drink or dinner, while Southgate Shopping Centre has superb boutique stores and a handy food court. You're also near Federation Square, amazing city attractions, Birrarung Marr, trams, and Flinders Street Station.
Please contact Mark Sutherland on 0418 691 585 or Baden Lucas on 0418 888 751 to discuss this property further.
All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the Website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.
Property History for 1115/31 City Rd, Southbank, VIC 3006
- 23 Jun 2022Sold for $240,000
- 18 Nov 2021Listed for Sale $250,000
- 11 Aug 1999Sold for $191,000
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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 27,869 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:
- The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
- Houses have a median rent of $670 while Units have a median rent of $662.
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