1301/9 Power Street
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About this property
North-East facing apartment on 13th floor of the iconic Prima Tower - Melbourne's most sought-after lifestyle addresses. This two bedroom apartment offers a smart opportunity for investors seeking strong returns in one of a high-demand building offering both capital growth potential and lifestyle appeal in equal measure. Currently leased at $680 per week until Oct. 2027, it delivers an attractive yield. Property highlights: Light-filled open-plan living and dining framed by floor-to-ceiling double glazed glass, with newly installed floorboards and freshly painted walls. Gourmet kitchen with stone benchtops & Miele appliances Two well-proportioned bedrooms one with built-in robe Sleek bathroom with laundry Ducted heating/cooling video intercom North facing balcony offering indoor-outdoor flexibility World-class Prima Tower amenities: 24-hour concierge Indoor 25 metre heated lap pool, sauna, spa & high ceiling gym Resident lounge, cinema, BBQ terrace, Virtual golf Private meeting & dining rooms, massage room Prime location advantages: Walk to Crown Entertainment Complex, Southbank Promenade & Yarra River Minutes from Melbourne CBD, Flinders Street Station & Botanic Gardens Close to universities, public transport and major sporting complex & arterials
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Land Area
- 60 m²
- Listed
- 3 months ago
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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 33% below the $795,000 median of 76 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
- Stop 116: City Road (tram) — 343 m away
- Unnamed — 172 m away
- Unnamed — 263 m away
- Unnamed — 288 m away
- Boyd Community Park — 294 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
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Price history
Listing price changes
1 price change recorded for this property
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