G7/221 Sturt St, Southbank is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in October 2019.
This ground floor apartment in the popular Southside Tower development in cosmopolitan Southbank is a must for investors and owner occupiers who recognise the appeal of a solidly built and extremely well maintained apartment with value added facilities including access to the buildings' pool, gymnasium, tennis court and open air terrace with city views. The apartment has just been leased for a year, with a guaranteed rental returns of $22,360.00 (4.7%) until 1st November 2019.The apartment itself totals around 54sqm inside plus a large tiled and covered terrace of 26m2 offering even more space outside. Features include a generous lounge/dining room a stone topped kitchen with stainless steel appliances and marble floor that also grace the large bathroom with including laundry facilities. The single bedroom features a wall to wall window with green views and a large walk in wardrobe for added storage. The apartment also has a single car space in the secure parking garage. And with facilities close by including Kings Domain and the Royal Botanic Gardens, The Arts Centre and all the delights of our stunning CBD all nearby, this really is a tempting package. FOR SALEContact James Tan 0450 351 706 jamestan@melbournec21.com.au
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:
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