2601W/48 Balston Street
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About this property
Perched on the 26th floor of the highly sought-after Marco Tower, delivered by Golden Sunrise Developments and designed by renowned architects Buchan, this exceptional residence promises an elevated lifestyle. From the moment you arrive, a grand entrance sets the tone for the refinement that awaits, while a seamless, rapid-ascent lift whisks you to your private sanctuary, where natural light floods the modern interiors. This stylish two-bedroom, one-bathroom apartment offers a sophisticated city lifestyle, enhanced by breathtaking views of Melbourne's skyline. Step into a light-filled open-plan living and dining area, where timber floorboards and floor-to-ceiling windows frame the dynamic cityscape, creating an inspiring backdrop both day and night. Enjoy year-round comfort with reverse-cycle ducted climate control, while swipe entry and video intercom provide security and peace of mind. The sleek, modern kitchen boasts stone benchtops, premium Smeg appliances, and ample storage perfect for home chefs and entertainers alike. Both bedrooms are bathed in natural light and feature mirrored built-in robes, while the contemporary bathroom adds a touch of sophistication with its stylish design. Residents enjoy exclusive access to world-class amenities, including a well-equipped gym, heated infinity pool with breathtaking views, a cinema, and a private residents' lounge. Minutes to Southbank's vibrant dining, entertainment, and cultural precincts at your doorstep plus easy access to Southgate, Flinders Street Station, Crown Entertainment Complex, South Melbourne Market, the Royal Botanic Gardens, Yarra Promenade, and the CBD. This is an excellent opportunity for homeowners and investors alike. Secure this stunning Southbank residence today call agent for private viewing
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Land Area
- 61 m²
- Listed
- 3 months ago
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Upfront costs
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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 26% 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) — 139 m away
- AWM Electrical & Data Suppliers — 200 m away
- Boyd Community Park — 144 m away
- Unnamed — 177 m away
- Unnamed — 186 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.
Due diligence
Property Report
Flood Risk
None
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Medium
High
Flood zone
Land Subject to Inundation Overlay (LSIO) / Yarra River 1% AEP
Southbank is adjacent to the Yarra River and falls within mapped flood-prone areas under Victoria's planning overlays. The precinct has documented flood risk from Yarra River inundation during major events, necessitating strict compliance with the Land Subject to Inundation Overlay. Properties here require flood-conscious design and elevated finished floor levels to meet planning and building standards.
Planning controls
- Compliance with VIC Flood Overlay requirements; floor levels must be set above the Probable Maximum Flood (PMF) or 1% AEP level
- Mandatory flood risk assessment and mitigation measures for new buildings and substantial renovations within LSIO areas
- Building design standards requiring flood-resilient construction (e.g. wet/dry floodproofing, elevated mechanical systems)
- Restrictions on basement development and underground car parking in high-risk flood zones
Suburb market
Suburb price trend
Southbank price trend
Median sold · Unit 2 bed
Compound growth -1.6% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Southbank marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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