OFF MARKET

706/26 Southgate Avenue
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
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Property Details for 706/26 Southgate Ave, Southbank

706/26 Southgate Ave, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1999
Floor Size
68m2
Local Government
Melbourne
Lot/Plan
29/PS349390

Last Listing description (January 2023)

Smartly renovated with quality at the forefront, this spacious 1 bedroom apartment is a convenient city base, a downsizers dream or a rewarding investment. Head downstairs and discover a riverside address of unmatched convenience, within walking distance of Southbank Promenade restaurants, the Arts Precinct, Royal Botanic Gardens, Federation Square, Crown, Flinders Street trains and the CBD.

Beyond an inviting entrance hallway, wide-reaching open-plan living and dining is underpinned by a sleek kitchen boasting a breakfast bar, stone surfaces and high-quality appliances including an easy-clean induction cooktop and a dishwasher. Step outside from the living space to a private east-facing balcony with leafy views sweeping over the neighbourhood from the 7th floor of the tightly held Quay West Suites complex. Featuring balcony access as well, the supersized main bedroom enjoys a similar aspect, serviced by mirrored built-in robes and a rejuvenated bathroom, stylishly showcasing floor-to-ceiling tiles and a frameless shower with rainfall and hand-held fittings.


Additional features include secure undercover parking, a Euro-style laundry, ducted heating/cooling throughout, flowing curtains, recessed down-lighting and pendant lighting over the dining space. Quay West Suites is graced with intercom entry, a 24 hour concierge, resort-style facilities including an indoor pool, spa, sauna, a fully equipped gym, and access to valet parking, room service and housekeeping. Additionally, enjoy the option to purchase the apartment fully furnished to live in, or pocket lucrative rental returns through the Quay West Suites hotel scheme if desired. Inspect with confidence!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 706/26 Southgate Ave, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$510,000
07 Dec 2022
  • 09 Jan 2023
    Listed for Sale Contact Agent
  • 07 Dec 2022
    Sold for $510,000
  • 12 Sep 2022
    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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 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.