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For Saleapartment

1604/245 City Road

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

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About this property

ListedAS - Luxury Living at Palladium Tower The Ultimate Lifestyle Opportunity Situated in the heart of Southbank, this stunning two-bedroom, one-bathroom residence at Palladium Tower offers more than just a home it's an exclusive lifestyle in an award-winning building. Located on the 16th floor, this apartment boasts breath-taking views, superior design, and access to world-class amenities, all while being moments away from Melbourne's iconic city attractions. Exclusive Amenities: Step into a life of luxury with access to The Residents' Retreat on Levels 40 and 41, where you'll find a stunning 60-square metre pool, steam room, and a fully equipped gym, all set against the backdrop of sweeping bay views. The Palladium Terrace and Lounge, with over 400 square metres of indoor and outdoor space, offers the perfect environment to entertain guests and experience true 'city luxe'. Sophisticated Interiors: This apartment's design is a showcase of modern elegance, featuring custom joinery, timber veneer cabinetry, and premium appliances. The kitchen is beautifully designed with polished finishes and unique mirrored splash backs, offering both style and practicality. The attention to detail throughout the space ensures a sophisticated yet comfortable living experience. Prime Location: With a walk score of 98/100, you're perfectly positioned in one of Melbourne's most vibrant districts. The CBD is just moments away, while the iconic Queen Victoria Market, Degraves Street, the Arts Precinct, and Melbourne's laneways are all within easy reach. Whether you're seeking a cultural outing or the city's best shopping and dining experiences, it's all at your doorstep. A Smart Investment: Southbank's rental yield averages 5.2%, making this an excellent choice for investors looking to capitalise on Melbourne's high-demand property market. Experience luxury, location, and lifestyle in this architecturally renowned tower. Don't miss out on securing this exceptional investment. Contact us today to arrange a private viewing and take the next step towards your future at Palladium Tower. For more Real Estate in Southbank contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
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
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 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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