SOLD
RECENT ADVICE
Sold on 07 Oct 2024 for $390,000

1702/135 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Sold By
Barry Plant Docklands & Yarra's Edge
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Property Details for 1702/135 City Rd, Southbank

1702/135 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
74m2
Local Government
Melbourne
Lot/Plan
1702/PS619599

Last Listing description (October 2024)

1702 and 1305 (60sqm and 8% return approx) for sale!

Welcome to the Wrap residence building, providing a luxury feel as soon as you enter the door! This impeccable 1 bedroom (plus study zone) apartment sets a singular standard for CBD living! Standing high on the 17th floor, the highly prized Wrap building, head downstairs and explore the vibrant arts precinct, Crown, Melbourne Square Woolworths and all the inviting bars, cafes and restaurants lining the Yarra River all the way through to the city centre. Place this one on the top of your list!

This unit is perfectly fit for either owner occupier and or investor with a spacious open-plan living and dining is underpinned by a stone-topped kitchen featuring a concealed fridge space and the integration of high-performing Smeg appliances including a wall oven, an electric cooktop and a dishwasher. You then enter the spacious living and dining area, well fit for both uses.

We then have the bedroom serviced by built-in robes and a luxe bathroom boasting a fully tiled shower area, stone-topped vanity and mirrored cabinetry. The apartment is further enhanced by the addition of a handy study nook, ideal for working from home, and a secure undercover car space, ticking all the boxes!

Special features include Euro-style laundry, split-system heating and cooling, double glazing, a welcoming hallway entrance, additional storage, roller blinds, textured curtains and recessed down-lighting. The Wrap complex is graced with intercom entry, a ground-floor bar and restaurant, concierge service and resort-style facilities including a swimming pool, sauna and a fully equipped gym. The perfect match for market entrants, city professionals, keen investors and those looking for a lock-and-leave town base, this inner-city retreat has it all! Contract Alexander to secure your inspection today!

Property History for 1702/135 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$390,000
07 Oct 2024
  • 07 Oct 2024
    Sold for $390,000
  • 15 Feb 2024
    Listed for Sale $390,000
  • 26 Jul 2011
    Sold for $505,000

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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 27,871 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 167 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1262 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.