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Sold on 13 Nov 2024 - Price Unavailable

50/1 Riverside Quay
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 69m2
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Property Details for 50/1 Riverside Qy, Southbank

50/1 Riverside Qy, Southbank is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 69m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
69m2
Land Size
69m2
Local Government
Melbourne
Lot/Plan
50/PS327634

Last Listing description (November 2024)

• Boutique Low-Rise Apartment Complex with Unique Character
• Bright and Airy Open-Plan Living/Dining Area
• Gourmet Kitchen Featuring Premium Appliances and Ample Storage

• Spacious Master Bedroom Complete with Built-In Robes
• Inviting Second Bedroom Adorned with a Generous Window
• Stylish Central Bathroom Plus Convenient Powder Room
• Prime Location Adjacent to Southbank Promenade
• Access to Residents' Pool, Spa, Sauna, and Gym
• Secure Undercover Carpark on Title (not stacker parking)
• Available with vacant Possession

Nestled in the distinguished Bond Store (circa 1888), this refined 2-bedroom apartment epitomizes Southbank sophistication, offering a prime opportunity for both residents and investors. Just moments from Southbank Promenade, Crown Casino, and the bustling CBD, the apartment's enviable location promises a vibrant and convenient lifestyle.

Step inside to discover the timeless allure of soaring timber ceilings, red-brick feature walls, cast iron pillars, and beautifully framed windows that bathe the space in natural light. The spacious open-plan kitchen, living, and dining area creates a warm and welcoming atmosphere, perfect for both everyday living and entertaining. The gourmet kitchen features ample bench space, smart cabinetry, and high-end appliances, ensuring both functionality and style.

The master bedroom serves as a peaceful retreat, while the bright second bedroom offers versatility-ideal for guests or as a home office. The layout is complemented by a large central bathroom and an additional powder room for added convenience.

Residents can enjoy resort-style amenities, including a pool, spa, sauna, and gym, while the apartment also comes equipped for fast internet access via Gigacomm, offering an ultra-fast alternative to NBN-perfect for modern living.

Available with vacant possession, this exceptional apartment presents a rare opportunity to secure a sophisticated home or savvy investment in one of Melbourne's most sought-after locations.

Property History for 50/1 Riverside Qy, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
13 Nov 2024
Listed for Rent
$490/w
18 Feb 2016
  • 12 Nov 2024
    Sold for $635,000
  • 18 Oct 2024
    Listed for Sale $595,000 - $650,000
  • 19 Jan 2016
    Listed 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 27,898 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 174 properties listed for sale, and 249 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1231 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Giorgio Fulli
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Michael Pastrikos
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Ray White Southbank | Port Phillip
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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.