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351/173 City Road, Southbank$2.70m
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For Saleapartment

351/173 City Road

Southbank, VIC 3006, Australia
$2.60m – $2.80m
4 bed 4 bath 4 car291 m²

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About this property

By private appointment only. Please contact agent to arrange your viewing. Investors Please Note: The property could return in the vicinity of $1,900 - $2,000 per week. A stunning expression of two-storey penthouse luxury, this breathtaking 4-bedroom, 3.5-bathroom, 4-car garage apartment highlights unforgettable 270 degree views extending across the best of Melbourne. Prepare yourself for an overwhelming feeling of sky-high space (approx. 291sqm in total) crowning the prestigious Melbourne Tower complex. Encased in panels of floor-to-ceiling glass, an open and wide-reaching layout reveals designated space for living and dining with more than enough space to stage a home office and an intimate sitting area. A stone-finished kitchen showcases an inviting breakfast bar, soft-closing cabinetry, a 900mm Bosch oven, and high-quality Miele appliances including a dishwasher, rangehood, and a 5-burner gas cooktop. Discover a flow-through floorplan from north to south with vast open-air terraces framing the corner property. Step out to the north and immerse yourself in a striking aspect sweeping over the Yarra River, the soaring city skyline, Royal Botanic Gardens greenery, and the dramatic beauty of the Dandenong Ranges on the eastern horizon. Capturing summer sea breezes with ease, the south-facing terrace highlights the Yarra, the Southbank and Docklands skylines, and beautiful blue-water glimpses of Port Phillip Bay. Both of these private platforms are perfectly placed for elite entertaining with an opportunity to assemble the full suite of outdoor settings. Glide across Australian hardwood flooring and scale a central staircase to a first floor devoted to rest and retreat. All the bedrooms are generously scaled, extensively robed and individually air conditioned, featuring spectacular outlooks through full-height glass. A palatial main bedroom boasts walk-in robes and a fully tiled, twin-vanity ensuite graced with a deep-soaking spa bath, luxurious walk-in shower, and a separate WC. The remaining bedrooms are serviced by a pristine pair of fully tiled bathrooms with frameless showers. An extensive list of special features include a remote-controlled 4-car garage, an adjoining storage cage, a ground-floor powder room, large Euro-style laundry with a bench, zoned heating and cooling in every room, internal storage solutions, motorised and roller blinds, and designer lighting in towering ceilings. The Melbourne Tower complex comes complete with intercom security, a 24-hour concierge, and exclusive resort-inspired use of a tennis court, heated indoor pool, and a fully equipped gym. Take a high-speed lift to the ground floor and explore a neighbourhood with unsurpassed convenience. Simply stroll to the vibrant arts precinct, Melbourne Square Woolworths, the Royal Botanic Gardens, South Melbourne Primary School, trams to the city, Crown, and the pleasing parade of riverside restaurants lining Southbank Promenade. Inspect today and live a sensational city-edge lifestyle in rarefied air! Outgoings: Council Rates: $1,111.45 per quarter approx. Water Rates: $194.39 per quarter approx. Owners Corporation Fees: $3,306.58 per quarter approx. * 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
4
Bathrooms
4
Parking
4
Land Area
291 m²
Listed
3 weeks ago

Repayment calculator

$13,089/month
$6,545 /fortnight
Loan $2,160,000 at 6.10% over 30 years

Upfront costs

Deposit$540,000
Stamp duty$155,500
Conveyancing (est.)$2,000
Total upfront$697,500
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 4-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 258% above the $755,000 median of 71 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)237 m away
  • Unnamed82 m away
  • Unnamed143 m away
  • Boyd Community Park169 m away
  • Unnamed254 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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1 price change recorded for this property

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