1202/245-251 City RoadSouthbank VIC 3006
Property Details for 1202/245-251 City Rd, Southbank
1202/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2021. The property has a floor size of 67m2. 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 Southbank in the last 12 months.
Last Listing description (August 2024)
A light-filled illustration of low-maintenance luxury, this stunning 2 bedroom, 2 bathroom apartment stands out with style in resort-inspired Palladium Tower. Make your way downstairs from your 12th floor sanctuary and a dynamic Southbank neighbourhood is ready to explore. Take a short stroll to Crown, riverside restaurants, ground-floor Woolworths shopping, Boyd Community Hub, South Melbourne Primary School and the galleries and theatres of the arts precinct. This is the life!
Discover a stone-topped kitchen featuring a waterfall-edged breakfast bar, soft-closing cabinetry, a mirrored splashback and premium Miele, Bosch and Ilve appliances including an integrated microwave. Spacious open-plan living and dining makes a seamless connection with a sheltered balcony attracting northern sunlight and showcasing striking views towards the soaring city skyline. Both mirror-robed bedrooms are sunlit and generously sized, serviced by a pristine pair of luxe bathrooms graced with rainfall shower fittings, mirrored cabinetry and floor-to-ceiling tiles.
Comprehensive features include a Euro-style laundry, split-system heating and cooling, double glazing, rich timber floorboards, recessed LED down-lighting, roller blinds, intercom entry, high-speed lifts, a plush foyer and a 7-day concierge. Resort-style facilities include a swimming pool, spa, steam room, a fully fitted gym with bay views, garden terraces, and private dining, bar and entertainment spaces. Inspect today!
Outgoings:
Council Rates: $300.00 per quarter approx.
Water Rates: $165.00 per quarter approx.
Owners Corporation Fees: $1,048.00 per quarter approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 1202/245-251 City Rd, Southbank, VIC 3006
- 17 Jul 2024Sold for $500,000
- 26 Mar 2024Listed for Sale $500,000
- 03 Jan 2023Sold for $545,000
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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 28,055 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:
- The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
- Houses have a median rent of $656 while Units have a median rent of $650.
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