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1402/81 City Road, Southbank$490,000
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1402/81 City Road

Southbank, VIC 3006, Australia
$490,000
1 bed 1 bath59 m²

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About this property

A stylish sanctuary within striking distance of the CBD, this sleek 1 bedroom (plus compact study) apartment is a stunning showcase of luxury living and investing. Venture downstairs and the city convenience will impress, so close to Crown, the arts and sporting precincts, Flinders Street trains, popular riverside restaurants, and a boutique IGA supermarket next door. A pristine kitchen boasts smooth stone surfaces, a breakfast bar, soft-closing cabinetry, a Fisher and Paykel dish-drawer, and high-performing Miele appliances including a 4-burner gas cooktop. Even the most reluctant of home chefs will feel inspired! Spacious and sun-drenched open-plan living and dining flows to a sheltered balcony highlighting the surrounding skyline, neighbouring treetops, and the blue-water beauty of Port Phillip Bay on the horizon. The large, light-filled bedroom shares the same sweeping aspect as the balcony, superbly serviced by mirrored walk-through robes and a deluxe two-way bathroom with full-height tiles, storage capability, and a concealed cistern. In addition, a nearby study with a large workstation offers welcome privacy when working from home. Standing out on the 14th floor of the in-demand Focus complex, special features include a European laundry with a washing machine, ducted heating and cooling, double glazing, double motorised blinds, and recessed LED down-lighting in soaring 2.7m high ceilings. Focus comes complete with secure intercom entry, a money-saving 6.9 star energy-efficiency rating, a 24-hour concierge, and resort-grade use of a heated pool, well-equipped gym, sauna, theatre, a BBQ terrace, and a shared lounge. Inspect to be impressed! Outgoings: Council Rates:$312.00 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $1,110.00 per quarter approx. Potential Rental Income: $620 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
1
Bathrooms
1
Land Area
59 m²
Listed
3 months ago

Repayment calculator

$2,375/month
$1,188 /fortnight
Loan $392,000 at 6.10% over 30 years

Upfront costs

Deposit$98,000
Stamp duty$24,470
Conveyancing (est.)$2,000
Total upfront$124,470
Verify with VIC revenue office →
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 1-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 20% below the $610,000 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

  • Stop 116: City Road (tram)604 m away
  • Unnamed449 m away
  • Unnamed87 m away
  • Unnamed113 m away
  • Unnamed118 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 1 bed

Compound growth -3.1% / yr over 4 yrs

$385kcurrent median

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