FOR SALE

Hancock Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
This property is currently on the market
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Property Details for 2604/43 Hancock St, Southbank

2604/43 Hancock St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2023. The property has a floor size of 62m2.This Property is currently listed for sale with Hoyee Property Group

Building Type
Unit
Year Built
2023
Floor Size
62m2
Local Government
Melbourne

Last Listing description (September 2024)

This two-bedroom apartment offers an ideal blend of urban convenience and investment potential.

With rental prices skyrocketing in sought-after areas like Southbank and South Melbourne, this could be your chance to transition from renting to owning, or to seize an opportunity in one of Melbourne's most coveted locales.

This abode boasts an impressive panorama stretching from Sorrento all the way to Albert Park Lake, encompassing Port Melbourne and beyond. Featuring top-tier appliances, exquisite stone countertops, warm timber floorings, and a stylish bathroom with a discreetly integrated cistern and floor-to-ceiling porcelain tiles, this new apartment exudes sophistication.

Nestled on the prestigious Clarendon Street, this property is a mere five-minute stroll to the bustling South Melbourne Markets, with the iconic Crown Casino Entertainment Complex right at your doorstep. Additionally, enjoy a direct ten-minute tram ride to the heart of the CBD.

Your new residence offers an extensive array of amenities, with a rooftop pool area, a resident lounge, and the top floor exclusively reserved for residents, featuring numerous meeting spaces, dining areas, and outdoor terraces spanning over 1,000 square meters. This is an unrivaled fusion of city and suburban living, with awe-inspiring, forever-unobstructed vistas.

Don't miss out on this extraordinary opportunity!

Chloe Zang 0430 034 988 or Gavin Liu on 0406 679 777.

*******(Photo ID must be presented upon all Inspections).*******

Follow us on:
Instagram | http://instagram.com/hoyeepropertygroup/
Facebook | facebook.com/HoyeePropertyGroup
Linkedin | linkedin.com/company/hoyeepropertygroup

Property History for 2604/43 Hancock St, Southbank, VIC 3006

A timeline of how this property has performed in the market
  • 27 Sep 2024
    Listed for Sale $450,000 - $485,000
  • 08 Nov 2023
    Listed for Sale Contact Agent

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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 28,052 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1280 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.