Home/Properties/Southbank/2007E/42 - 48 Balston Street
2007E/42 - 48 Balston Street, Southbank$395,000
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2007E/42 - 48 Balston Street

Southbank, VIC 3006, Australia
$380,000 – $410,000
2 bed 1 bath

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About this property

2B1B Rare Opportunity for investment, and the tenant is paying $31,286 per year or $600 per week currently -This 2 bedroom apartment is a 20th-floor gem in 'Marco'. -Sweeping uninterrupted views of Albert Park Lake and the bay. -Immaculate throughout including easy living and meals. -Sizeable balcony is the best place to soak in the superb views. -Pristine stone kitchen with stainless steel appliances. -Main bedroom with views, built-in robes in both bedrooms. -Access infinity pool, gym, kitchen/dining, cinema, and BBQ. -Near South Melbourne Market and Boyd Community Hub. Absolutely flawless in its presentation and dazzling with uninterrupted views of Albert Park Lake and the vast expanses of Port Phillip Bay, this 2 bedroom apartment on the 20 th floor of the Marco residential complex is something truly special. Low-maintenance in its design for Southbank dwellers who yearn for a no-fuss lifestyle, this stylish abode ticks many modern boxes. Natural light flows through the laidback living and meals zone, which has sliding door access out to the well-sized balcony where the lake and bay views can be appreciated. Sunsets in summer will also be pretty special from the balcony! The sumptuous kitchen has sleek stone that makes an impact as well as stainless steel appliances. The main bedroom takes advantage of the views, with both bedrooms promising mirrored built-in robes, meanwhile also enjoy a pristine bathroom with laundry, split system heating and cooling, secure intercom, and access to Marco facilities including a 24hr reception and concierge, infinity pool, gym, cinema room, and dining room with kitchen, and outdoor BBQ area. This prime-time Southbank position has you so close to Clarendon Street shops and restaurants, South Melbourne Market, Boyd Community Hub with park, Arts and Cultural precinct including National Gallery of Victoria and Malthouse Theatre, Crown Casino, Royal Botanic Gardens, Woolworths supermarket, and easy access to the Westgate Freeway.

Property Details

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

Repayment calculator

$1,915/month
$957 /fortnight
Loan $316,000 at 6.10% over 30 years

Upfront costs

Deposit$79,000
Stamp duty$18,770
Conveyancing (est.)$2,000
Total upfront$99,770
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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. It is listed 38% below the $638,000 median of 78 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)161 m away
  • AWM Electrical & Data Suppliers231 m away
  • Unnamed146 m away
  • Boyd Community Park149 m away
  • Unnamed210 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

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Price history

Price history

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