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Sold on 12 Dec 2023 - Price Unavailable

2409/283 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
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Property Details for 2409/283 City Rd, Southbank

2409/283 City Rd, Southbank is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
71m2

Last Listing description (December 2023)

FOR AUCTION UNLESS SOLD PRIOR

Nestled in the highly-desired "Bank Apartments" Complex, positioned at the edge of Southbank and South Melbourne, this property places you within effortless reach of The Crown Complex, Clarendon Street, the South Melbourne Market, and the CBD. Offering a seamless fusion of comfort and convenience, this urban residence is currently vacant and ready for a new owner whether you are looking for a new home or wanting to capitalise on the highest market rent.

Encompassing an extensive 71sqm of internal space, the apartment takes full advantage of the open-plan kitchen, living, and dining area, providing abundant space for a luxurious and comfortable apartment lifestyle, inclusive of a split air-conditioning unit. The kitchen showcases contemporary design with plenty of countertop space for meal preparation, featuring stylish stone bench-tops, a breakfast bar, stainless steel appliances, and a gas cooker. The living area seamlessly connects to a terrace, drawing in copious natural light indoors as well as a stunning skyline view. Additionally, there are two well-proportioned bedrooms, each equipped with built-in wardrobes and external windows, as well as

What distinguishes this property is its premium location within the Bank Apartments, offering a range of exceptional amenities. Residents can luxuriate in the heated indoor pool with a spa and sauna, access two dedicated gym rooms, utilise a business meeting room, enjoy communal residents' kitchen and rooftop facilities, all while benefiting from the convenience of a 24/7 concierge service. Furthermore, a storage cage and dedicated parking space, free from stackers or car lifts, adds to the convenience of trouble-free parking provides extra storage.

- Strata Fees: $4,145 per annum
- Council Rates: $1,093 per annum
- Water Rates: $560 per annum

This property will be sold via public auction scheduled for 6th December 2023 at 6.30pm. For any inquiries or additional information, please don't hesitate to reach out to Taylor Sims at 0403 485 210.

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Property History for 2409/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
12 Dec 2023
Listed for Rent
$625/w
03 Nov 2023
  • 05 Dec 2023
    Sold for $505,000
  • 12 Nov 2023
    Listed for Sale $490,000 - $530,000
  • 25 Sep 2023
    Listed for Rent $625 / 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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 properties were sold in the past 12 months in Southbank.

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Contact agent
Taylor Sims
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Ray White Southbank | Port Phillip
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