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2401/163 City Road, SouthbankPrivate Sale
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2401/163 City Road

Southbank, VIC 3006, Australia
Private Sale
3 bed 3 bath 2 car360 m²

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About this property

Elevated above the vibrant heart of Southbank, this exceptional penthouse delivers house-like proportions with the security and prestige of premium apartment living. Perfectly positioned within walking distance to boutique shopping, transport, and leading schools, it offers an enviable inner-city lifestyle without compromise. Designed across two expansive levels, the residence showcases a rare townhouse-inspired layout approximately 360sqm including balconies. The main floor is dedicated to grand open-plan living and dining, bathed in abundant natural light through floor-to-ceiling windows. The seamless indoor-outdoor flow enhances both privacy and openness. At the centre of the home, a statement kitchen features an oversized stone bench, with Miele appliances, , and extensive custom storage, and powder room ideal for elegant entertaining or refined everyday living. Upstairs, three generously proportioned bedrooms provide luxurious accommodation. Two bedrooms feature private ensuites enjoys its own private balcony inviting fresh air and natural light into every space. In addition, a third designer bathroom services the remaining suite offering a total of three bedrooms and three bathrooms. . Crowning the residence is an expansive private rooftop terrace a rare offering in apartment living. Whether hosting sunset gatherings, creating a private wellness retreat, or enjoying weekend BBQs, this space delivers unmatched versatility and exclusivity. Positioned within a solid, well-managed building with a proactive owners' corporation, this penthouse represents a premium opportunity for discerning buyers seeking space, privacy, and prestige in one of Melbourne's most sought-after precincts. Features include three balconies, two secure car parks, one storage!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
2
Land Area
360 m²
Listed
3 months ago

Repayment calculator

$3,738/month
$1,869 /fortnight
Loan $616,800 at 6.10% over 30 years

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

Upfront costs

Deposit$154,200
Stamp duty$41,330
Conveyancing (est.)$2,000
Total upfront$197,530
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 3-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

  • Stop 116: City Road (tram)274 m away
  • Unnamed126 m away
  • Unnamed127 m away
  • Boyd Community Park202 m away
  • Unnamed214 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 3 bed

Compound growth +0.1% / yr over 4 yrs

$983kcurrent 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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