OFF MARKET

801/70 Dorcas Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 801/70 Dorcas St, Southbank

801/70 Dorcas St, Southbank is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Apartment

Last Listing description (November 2023)

This sophisticated apartment in the ultra-luxe Kings Domain building offers a premium lifestyle for savvy investors and those who love to walk. With high yields and substantial depreciation benefits, this property is an unbeatable investment opportunity.

Inside, the apartment boasts a spacious and stylish open-plan living and dining zone with double doors leading to a sun-drenched balcony, perfect for relaxing and taking in breathtaking views. The gourmet stone kitchen is a home cook's dream, with top-quality European appliances and a large pantry.

The amenities in the Kings Domain building that truly set this property apart. With exclusive access to a fully equipped gym, games room with pool table, library and lounge, wine lounge with cellar facilities, pool, theatre, dining room, and BBQ terrace, you'll feel like you're living in a five-star resort. The new Anzac Station currently under construction will also provide residents with even greater public transport options right at your doorstep.

Located in a prime pocket between the green expanse of the Botanical Gardens, the amenities of South Melbourne, and the vibrancy of the Southbank & Arts precinct, this secure & sophisticated apartment provides a premium lifestyle in an ultra-luxe development. Residents are also just meters away from trams, close to restaurants & cafes and an easy trip into the CBD.

If you’re in the market for a charming one-bedroom, one-bathroom house with plenty of living space and convenient surroundings, you won’t want to miss this opportunity. Do not hesitate and book your
appointment now!

" A fixed term lease is in place until 12/06/2024 at returns of $448.76 per week. ($1,950 per calendar month)"

Please note that if no one is registered for this inspection, it may not proceed. please click book appointment to register your details to get instant updates on any changes or cancellations.
Alternatively, Please contact Hanns Yeh 0456 429 499 for a private inspection
ALL ENQUIRIES MUST INCLUDE A PHONE NUMBER.

Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

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Property History for 801/70 Dorcas St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
28 Nov 2023
Listed for Rent
$290/w
30 Apr 2021
  • 28 Nov 2023
    Sold for $350,000
  • 05 Jun 2023
    Listed for Sale $360,000-$390,000
  • 16 Mar 2021
    Listed for Rent $290 / 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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 properties were sold in the past 12 months in Southbank.

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