1112/31 City Road

Southbank, VIC 3006, Australia

$280,000

1 bed 1 bath

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Area Price Guide

$263,200 – $296,800

Indicative price guide range

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Comparable

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$680,000

Area median

⚖️

-59%

vs median

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2 months ago

Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Located in one of Melbourne's most vibrant inner-city precincts, this one-bedroom apartment at 1112/31 City Road presents an exceptional opportunity for investors seeking a high-demand property with strong rental appeal and an impressive 7% rental yield per annum. Just a short walk from the Crown Entertainment Complex, the Melbourne Arts Centre, the CBD, the Royal Botanic Gardens, and Flinders Street Station, this apartment is perfectly positioned to attract quality tenants seeking a dynamic urban lifestyle. With secure building access and outstanding proximity to universities, business districts, and Melbourne's iconic attractions, this apartment ticks all the boxes for long-term capital growth and consistent rental returns. Please note: Images have been digitally enhanced for illustrative purposes. There may be slight variations from the actual apartment.