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1403/245-251 City Road, SouthbankPrice on Application
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1403/245-251 City Road

Southbank, VIC 3006, Australia
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2 bed 2 bath 1 car

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About this property

This 2 bedroom 2 bathroom and a study apartment in in the brand new Palladium Tower is in a prime location between South Melbourne and the City of Melbourne. Enjoy the vibrant location of Southbank with its popular Southbank Boulevard, Crown precinct and the convenient short walk to South Melbourne Markets. A spacious floor plan with luxury finishes features a modern colour scheme, quality timber floors in living area, cosy carpets throughout the bedrooms and roller block out blinds. The well thought out kitchen providing maximum bench space includes dishwasher, gas stove with multiple burners and popular branded oven. The modern, spacious bathroom awakes luxury feels with walk-in shower, elegant bathtub, vanity and shelf storage and concealed laundry with space for washing machine and dryer. The central living area with downlights features reverse cycle air conditioning/heating, television and internet access and floor to ceiling window views with access to the private balcony. Both bedrooms complete the comfort of Southbank living with built in wardrobes and natural light, ideal for anyone working from home. Additional features include a secure car space and storage cage, secure swipe entry with video intercom, building concierge, high end bay view facilities include gym, large infinity pool, spa and steam room. Private function rooms, lounge area, cinema room as well as an amazing outdoor seating and bbq areas facing Melbourne City are accessible exclusively by residents. For your convenience a Woolworths Metro Supermarket is located on the ground-floor of this latest addition to Southbank living opportunities.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$2,327/month
$1,164 /fortnight
Loan $384,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$96,000
Stamp duty$23,870
Conveyancing (est.)$2,000
Total upfront$121,870
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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.

Schools near Southbank

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

What's nearby

  • City Road/Queens Bridge Street (bus)39 m away
  • Woolworths Metro39 m away
  • Boyd Community Park170 m away
  • Unnamed307 m away
  • Unnamed348 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Southbank market

Within 5km

Nearby Properties

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