1705/245-251 City RoadSouthbank VIC 3006
Property Details for 1705/245-251 City Rd, Southbank
1705/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2021. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.
Last Listing description (October 2024)
Oversized 2 bedroom, 2 bathroom apartment in Palladium Tower
Approx 83m2 in total
Exceptional Views towards Melbourne's South-East
Light-filled master bedroom with private ensuite
Host of 5 style resort style amenities
Secure Intercom Entrance, Storage Cage on Title
Available with vacant possession
Experience luxurious urban living in apartment 1705 at Palladium Tower, located on the 17th floor with stunning South East views over Melbourne's iconic bay and Albert Park.
Enter a sophisticated space where warm dcor and sleek timber floors set the tone in the expansive living and dining areas. This immaculate residence boasts two spacious bedrooms with mirrored built-in robes, including a master bedroom with an ensuite. The stylish main bathroom features a freestanding bathtub.
The kitchen is a chef's dream, equipped with top-tier appliances, a glass splashback, ample storage, and a stone island bench with a breakfast bar. Additional features include a personal study nook, Euro style laundry, split system heating and air conditioning, and a telecom system.
Palladium Tower offers unparalleled amenities, including expansive indoor and outdoor communal spaces with lounges, entertainment areas, a resort-style terrace retreat, function dining room, bar, and private theatre. Stay active in the fully equipped gymnasium with panoramic views of Port Phillip Bay, and enjoy the swimming pool, sauna, and spa.
Located in Southbank, you'll enjoy close proximity to South Melbourne Market, Botanic Gardens, DFO South Wharf, Crown Entertainment Complex, and the CBD. A boutique Woolworths within the building adds convenience for your everyday needs.
Embrace the epitome of cosmopolitan living at Palladium Tower - where luxury meets location.
Property History for 1705/245-251 City Rd, Southbank, VIC 3006
- 22 Oct 2024Sold for $575,000
- 21 Aug 2024Listed for Sale $570,000 - $620,000
- 31 Aug 2022Listed for Rent $550 / week
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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 27,880 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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