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1106/241 City Road, Southbank$525,000
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1106/241 City Road

Southbank, VIC 3006, Australia
$525,000
2 bed 2 bath 1 car

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About this property

An exclusive expression of light-filled luxury, this immaculate 2 bedroom, 2 bathroom (plus compact study) apartment owns a commanding corner position in the prestigious Mainpoint complex. From your front door, an inner-city lifestyle does not get any better than this! Take an easy walk to Crown, Boyd Community Hub, South Melbourne Market, the arts precinct, Woolworths, and your favourite riverside restaurants, bars and cafes. Sunlit, spacious and air-conditioned open-plan living and dining complements a sleek stone-finished kitchen graced with a waterfall-edged breakfast bar and high-quality appliances including a microwave, 4-burner gas cooktop, and a Fisher and Paykel dish-drawer. Set on the 11th floor, slide open floor-to-ceiling glass and enjoy a sheltered balcony boasting neighbourhood views towards the beautiful blue waters of Port Phillip Bay. Both mirror-robed bedrooms are generous in size and naturally lit, serviced by a perfect pair of fully tiled bathrooms with stone-topped vanities. The apartment is further enhanced by an open study, ideal for those work-from-home days. Saving you money with a 6-star energy-efficiency rating, comprehensive features include secure car parking, laundry capacity, split-system heating and cooling, double glazing, slimline Venetian blinds, and day/night curtains. Mainpoint comes complete with intercom security, a 24/7 concierge, and resort-style use of an indoor pool and a fully equipped gym. Act quickly as this affordable gem will be popular! Outgoings: Council Rates: $309.32 per quarter approx. Water Rates: $176.08 per quarter approx. Owners Corporation Fees: $995.62 per quarter approx. Potential Rental Income: $750 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$2,545/month
$1,273 /fortnight
Loan $420,000 at 6.10% over 30 years

Upfront costs

Deposit$105,000
Stamp duty$26,570
Conveyancing (est.)$2,000
Total upfront$133,570
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Southbank

This 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 9% above the $482,000 median of 71 comparable apartmentswithin 5 km.

Schools near Southbank

  • South Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

  • Moray Street/City Road (bus)19 m away
  • Thirsty Camel23 m away
  • Boyd Community Park132 m away
  • Unnamed307 m away
  • Unnamed312 m away

Southbank at a glance

Full suburb profile
Population
22,631
Median age
31
Household income
$1,926/wk
Median rent
$411/wk
Median mortgage
$1,900/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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Price history

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