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Sold on 11 Sep 2024 for $618,800

174/173 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
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Property Details for 174/173 City Rd, Southbank

174/173 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
82m2
Local Government
Melbourne
Lot/Plan
174/PS504942

Last Listing description (September 2024)

A breathtaking showcase of unrivalled quality, substantial space and spectacular renovation, this elegant 2 bedroom corner apartment offers a captivating life of low maintenance in central Southbank. There is so much to love about this design-driven home including a thoughtful variety of clever storage solutions that will enrich the way you live! All you need to do is move in and put your feet up.

Far-reaching open-plan living and dining is underscored by a simply stunning kitchen boasting a granite-finished breakfast bar, a mirrored splashback, unmatched pantry capacity, high-performing graphite sinks, a reverse osmosis tap, premium Fisher and Paykel appliances including an easy-clean induction cooktop, and updated cabinetry with expandable soft-closing drawers. This sleek workspace leaves nothing to chance, inspiring entertainers to do what they do best.

Set to perfection on the 17th floor of Melbourne Tower, the luxury living continues outside. Make a seamless connection with a sheltered balcony featuring artificial turf underfoot, a collapsible day bed, room for a BBQ, a raised garden bed and stunning views of the Yarra River and the dazzling Docklands skyline.

Both sizeable, mirror-robed and sun-drenched bedrooms have been upgraded in style. The palatial main is graced with floating bedside tables, exquisite pendant lighting and a picturesque aspect overlooking the neighbourhood and Royal Botanic Gardens greenery. Framed by floor-to-ceiling glass, the remaining bedroom benefits from a drop-down Murphy bed and a sunlit study nook with a built-in desk and inspirational vistas. A rejuvenated bathroom is a stylistic tour-de-force with full-height tiles, a stone-topped vanity, mirrored cabinetry and a walk-in shower with a herringbone-tiled feature wall and upscale rainfall and hand-held fittings.

A labour of love for the current owners, all the finer details have been finessed to match their grand vision and add considerable value to the home. Take advantage of a wall of custom-built storage with strip lighting, additional robes and shoe storage, touch-latch cabinetry throughout, and app-driven smart lighting with dimmable capability, voice control and mood-based colouring.

Comprehensive features include secure car parking, an over-the-bonnet storage unit, Euro laundry with shelving, floating cabinetry, lightly toned floorboards, recessed LED down-lighting, feature lighting above the breakfast bar, day/night curtains, intercom entry, concierge, resort-style use of a glass-roofed indoor pool, tennis court and a well-equipped gym.

Venture downstairs and take a short stroll to Crown, the arts precinct, Melbourne Square Woolworths, Boyd Community Hub, South Melbourne Market, and the riverside attractions on Southbank Promenade. This exceptional offering is a perfect fit for meticulous first home buyers, downsizers, investors and those on the lookout for a luxurious lock-and leave base. Inspect to be impressed!

Outgoings:
Council Rates: $300.00 per quarter approx.
Water Rates: $167.00 per quarter approx.
Owners Corporation Fees: $1,350.00 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 174/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$618,800
11 Sep 2024
Listed for Rent
$435/w
26 Jul 2007
  • 11 Sep 2024
    Sold for $618,800
  • 18 Jul 2024
    Listed for Sale Not Disclosed
  • 29 Aug 2019
    Sold for $527,000
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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 27,902 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.
There are currently 173 properties listed for sale, and 253 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1228 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.