OFF MARKET

2506/48 Balston Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
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Property Details for 2506/48 Balston St, Southbank

2506/48 Balston St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
2016
Floor Size
71m2
Local Government
Melbourne
Lot/Plan
2506W/PS619594

Last Listing description (March 2019)

The Imagine Marco building has set a new benchmark in apartment living in Southbank. Featuring stunning 270 degree views, from the city to the bay, this stunning apartment would be the envy of all your friends.
Comprising; spectacular living and dining spaces opening to entertainer s terrace, gourmet kitchen with quality appliances, stone benchtops, main bedroom with WIR and superb ensuite bathroom. Second bedroom with built in robes and floor to ceiling windows, chic contemporary main bathroom, a study nook, and laundry.
Other features include; superb wooden floors, heating and cooling, a security intercom system, and one car space.

Imagine Marco is only a short distance from Southbank Promenade, Yarra River ferries, The Arts Precinct, Botanic Gardens, Crown Entertainment Complex, an array of CBD attractions and more. Building features include concierge, pool, gym, cinema and entertainment area.
To all investors this property is currently on a lease which generates a 6% return.
The property can also be owner occupied from February 2019 onwards.
Call Alice on 0421 981 981 to arrange an inspection fast!

Property History for 2506/48 Balston St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$700,000
31 Jan 2019
  • 31 Jan 2019
    Sold for $700,000
  • 16 Nov 2018
    Listed for Sale $685,000 - $760,000
  • 15 May 2014
    Sold for $915,000

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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 28,055 properties.

    There are currently 169 properties listed for sale, and 217 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1227 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.