SOLD
Sold on 12 Apr 2024 for $727,000

2/25 Miles Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 2/25 Miles St, Southbank

2/25 Miles St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
74m2
Local Government
Melbourne
Lot/Plan
74/PS321675

Last Listing description (April 2024)

EXPRESSIONS OF INTEREST EXPIRING 16 APRIL , 2024 AT 5PM (UNLESS SOLD PRIOR)

QUIETLY LOCATED IN COVENTRY GARDENS, This generously proportioned 2 bedroom apartment is located on the first floor and has an amazing terrace overlooking the serene garden setting. Enjoying a fantastic position, nestled close to the Beautiful Botanical gardens, the Arts precinct and lets not forget the City Fringe to name a few.

ACCOMMODATION

The roomy and radiant open plan living/dining area is impressive with a wonderful tree lined outlook.
The kitchen is well equipped and has plenty of storage, bench space and an inviting breakfast bar.
There are two Queen size bedrooms both with built -in-robes.
The Highlight is the second bedroom has air conditioning and also has access to the oversized terrace, perfect for those outdoor entertaining and Alfresco dining.
Large sparkling central bathroom with a full size bathtub, European laundry and a separate powder room.

SPECIAL FEATURES INCLUDE
Secure undercover car space.
Resort style facilities include, tennis court, swimming pool, gym and landscaped gardens.
This sensational apartment is just a stones throw to all the City, Southbank, St Kilda road and the Botanical precincts have to offer, not to mention walking distance to The Malthouse Theatre, Coventry Street eateries, and St Kilda Road and Sturt Street Trams.

** SOME PHOTOS ARE VIRTUALLY STAGED**

CONTACT THORAYA JEENA 0481 22 66 88 YOUR TRUSTED TOORAK AGENT FOR FURTHER INFORMATION

(Although every care has been taken in the preparation of the information above, we stress particulars herein are for information purposes only, and do not constitute representation by the Owner or the Agent.)

DUE DILIGENCE CHECKLIST

https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

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Property History for 2/25 Miles St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$727,000
12 Apr 2024
Listed for Rent
$390/w
08 Feb 2021
  • 12 Apr 2024
    Sold for $727,000
  • 18 Mar 2024
    Listed for Sale $700 000 - $760 000
  • 11 Jan 2021
    Listed for Rent $390 / week
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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 28,088 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 195 properties listed for sale, and 213 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1267 properties were sold in the past 12 months in Southbank.

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