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1706/89 Gladstone Street, South Melbourne$517,500
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For Saleapartment

1706/89 Gladstone Street

South Melbourne, VIC 3205, Australia
$495,000 – $540,000
2 bed 2 bath 1 car

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About this property

Overflowing with northern sun, this elegant 2 bedroom, 2 bathroom apartment rises above the pack graced with million dollar views. Head downstairs and this is a lifestyle location in position perfect! Footsteps from iconic South Melbourne Market, simply stroll to Coles, DFO South Wharf, light rail to the city or a bay beach, South Melbourne Primary School, Clarendon Street shopping, Southbank attractions, and a sought-after selection of cafes, bars, pubs and restaurants. Discover spacious open-plan living and dining, underscored by a stone-topped kitchen showcasing a waterfall-edged breakfast bar, a concealed fridge space, and premium stainless-steel appliances including a dishwasher. Perched to perfection on the 17th floor of the in-demand Gravity Tower complex, floor-to-ceiling glass slides open to the star of the show! An undercover balcony highlights an uninterrupted aspect sweeping over the soaring city and Southbank skylines. Entertaining will become second nature with this full-width alfresco retreat at your disposal! Both mirror-robed bedrooms are naturally lit and generous in size, serviced by a perfect pair of designer bathrooms with full-height tiles, rainfall showers, and mirrored cabinetry. The main bedroom is graced with a sunlit study nook, while the other bedroom enjoys direct access to the balcony. Additionally, the living space plays host to a study zone with a built-in desk, ideal for working from home. Comprehensive features include secure car parking, a storage cage, Euro-style laundry, split-system heating and cooling, double glazing, roller blinds, recessed down-lighting, and the character of lightly toned European oak flooring underfoot. Highly prized Gravity Tower comes complete with intercom entry, lift access, and resort-inspired use of a spa, cinema, BBQ terrace, dining room/kitchen, and a shared fireside lounge. First home owners can securely enter the market, investors will appreciate the value, and the property provides a central base for out-of-towners. Inspect with certainty! * 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
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$2,509/month
$1,254 /fortnight
Loan $414,000 at 6.10% over 30 years

Upfront costs

Deposit$103,500
Stamp duty$26,120
Conveyancing (est.)$2,000
Total upfront$131,620
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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 South Melbourne

This 2-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 45% below the $945,000 median of 56 comparable apartmentswithin 5 km.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 117: York Street (tram)1.2 km away
  • The FlyFisher1.2 km away
  • Unnamed938 m away
  • Town Hall Reserve984 m away
  • Foundry Site Park1.0 km away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · Unit 2 bed

Compound growth -0.9% / yr over 4 yrs

$658kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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