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3701/241 City Road, Southbank$399,000
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For Saleapartment

3701/241 City Road

Southbank, VIC 3006, Australia
$380,000 – $418,000
2 bed 1 bath

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About this property

Basking in the warmth of northeastern sunlight, this sleek 2 bedroom apartment matches stunning sky-high views with a fast-paced inner-city neighbourhood on your doorstep. Head downstairs from your 37th floor Mainpoint sanctuary and walk to Crown entertainment, the arts precinct, lively local cafes, South Melbourne Market, Woolworths, Clarendon Street attractions, and the riverside restaurants of Southbank Promenade. Both first home buyers and investors will be rewarded by an inspection of this affordable gem! Discover far-reaching open-plan living and dining, underscored by a stone-topped kitchen with ample storage space, a microwave, 4-burner gas cooktop, and a Fisher and Paykel dish-drawer. Slide open floor-to-ceiling glass and instantly relax on an undercover balcony showcasing sweeping views landing on the soaring city skyline, Royal Botanic Gardens greenery, the Dandenong Ranges, and the blue-water beauty of Albert Park Lake. Capturing colourful sunrises with ease, your morning coffee will be a daily highlight! Generously sized bedrooms are serviced by mirrored built-in robes and a fully tiled bathroom with laundry capability including a combination washer/dryer. Additional features include split-system heating and cooling, double glazing, and roller blinds with doubles in the living space. Saving on power bills with a 6-star energy-efficiency rating, Mainpoint comes complete with intercom security, a 24-hour concierge in a stylish foyer, high-speed lifts, and resort-style access to a heated lap pool and a fully equipped gym. Outgoings: Council Rates: $291.23 per quarter approx. Water Rates: $179.08 per quarter approx. Owners Corporation Fees: $777.60 per quarter approx. Potential Rental Income: $640 - $660 per week 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
2
Bathrooms
1
Listed
1 month ago

Repayment calculator

$1,934/month
$967 /fortnight
Loan $319,200 at 6.10% over 30 years

Upfront costs

Deposit$79,800
Stamp duty$19,010
Conveyancing (est.)$2,000
Total upfront$100,810
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 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $490,000 median of 69 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

  • Moray Street/City Road (bus)19 m away
  • Thirsty Camel23 m away
  • Boyd Community Park132 m away
  • Unnamed307 m away
  • Unnamed312 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 -2.3% / yr over 4 yrs

$602kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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