2506/283 City RoadSouthbank VIC 3006
Property Details for 2506/283 City Rd, Southbank
2506/283 City Rd, Southbank is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.
Last Listing description (March 2024)
Nestled in the highly coveted Bank Apartments within the vibrant heart of Southbank, this residence grants you effortless access to The Crown Complex, Clarendon Street, the South Melbourne Market, and the CBD. Seamlessly blending comfort and convenience, this property promises a lifestyle of ease.
Embodying urban living at its finest, the building offers an array of amenities including an indoor heated pool, spa, sauna, fully-equipped gymnasium and separate cardio room, residents lounge, and the assurance of a 24/7 concierge service for enhanced comfort and security.
This stunning one-bedroom apartment showcases a contemporary design complemented by breath-taking city views courtesy of its north-facing orientation as well as a well-appointed kitchen fit with stainless steel appliances, a modern bathroom and spacious living area, bathed in natural light, flowing effortlessly onto a private balcony, ideal for soaking in the cityscape. The bedroom capitalises on Melbourne's iconic skyline with floor-to-ceiling windows and features a generously sized mirrored built-in wardrobe for ample storage. Complete with renovated floorboards throughout and offered with all furniture, appliances, and fridge available upon negotiation this property is move-in ready, catering to both those seeking a new home or savvy investors eyeing lucrative rental yields.
Additional highlights include:
- Floorboards fit throughout
- Intercom entry
- Split-system A/C heating/cooling
- Euro laundry
- Low strata fees
- 200m to Crown Casino
- 500m to Melbourne Square Woolworths
- 750m to South Melbourne Market
- 1.4km to Flinders Street Station
This property offers an incredible opportunity to own a piece of city living at an affordable price. Don't miss out on the chance to make this apartment your new home or investment property. Contact Taylor Sims on 0403 485 210 for all inquiries.
Property History for 2506/283 City Rd, Southbank, VIC 3006
- 07 Mar 2024Sold for $365,000
- 19 Feb 2024Listed for Sale $350,000 - $375,000
- 23 Feb 2022Listed for Rent - Price not available
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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 27,877 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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