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Sold on 29 Aug 2024 for $650,500

4803/245-251 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
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Property Details for 4803/245-251 City Rd, Southbank

4803/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
70m2
Local Government
Melbourne
Lot/Plan
4803/PS811538

Last Listing description (October 2024)

Nestled within the prestigious Palladium Towers, this exquisite 2 bedroom, 2 bathroom oversized residence offers an unparalleled level of luxury and sophistication.

Engineered Floorboards

Fully Tiled Upgraded Bathrooms
Upgraded Stone Kitchen
Expansive North-Eastern View Of Melbourne
Prestigious Palladium Towers Amenities
Ground Floor Woolworths

Upon stepping into this meticulously designed space, you'll be greeted by a seamless fusion of opulence and modern comfort. Every detail of this fully upgraded haven has been thoughtfully curated, featuring high-end finishes that elevate the living experience. Boasting captivating views that stretch over Melbourne CBD, the iconic Yarra River, and the vibrant South Yarra neighbourhood, this property presents a rare opportunity to reside in one of the city's most coveted locations. The gourmet kitchen stands as a testament to this commitment, with top-of-the-line Miele appliances seamlessly integrated and ample built-in storage for a clutter-free environment.

Sunlight bathes the interiors through expansive floor-to-ceiling windows, creating an ambiance of openness and connection to the surrounding urban landscape. Both bedrooms are adorned with built-in robes, ensuring an abundance of storage space without compromising on aesthetics. The master bedroom takes luxury a step further by offering a built-in study nook, perfectly balancing work and relaxation within the comfort of your own retreat.

Palladium Towers is renowned for its lavish amenities, and this residence grants you access to the pinnacle of indulgence. Dive into the full pool for a refreshing swim, maintain your fitness regime in the fully equipped gymnasium, and unwind in the steam room after a long day. The clubhouse and bar provide spaces to entertain guests or socialise with fellow residents, while the outdoor barbecue and seating area offer an idyllic setting for al fresco gatherings.

In addition to the impeccable interior and amenities, the location of Palladium Towers places you at the heart of Melbourne's cultural and entertainment offerings. Immerse yourself in the city's dynamic energy, explore the nearby arts and culinary scenes, and relish the convenience of having renowned attractions within arm's reach. Luxury, convenience, and unparalleled views converge in this exceptional offer. VACANT POSSESSION . CONTRACT AVAILABLE .

Property History for 4803/245-251 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$650,500
29 Aug 2024
Listed for Rent
$775/w
17 Feb 2023
  • 29 Aug 2024
    Sold for $650,500
  • 14 Aug 2024
    Listed for Sale CONTACT AGENT
  • 30 Jan 2023
    Listed for Rent $775 / 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 27,902 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 173 properties listed for sale, and 253 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1228 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Show contact details
Dingle Partners - Melbourne
Preferred contact:
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.