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42/88 Park Street, South Melbourne$760,000
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For Saleapartment

42/88 Park Street

South Melbourne, VIC 3205, Australia
$740,000 – $780,000
3 bed 2 bath 1 car107 m²

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About this property

Investors Please Note: The property could return In the vicinity of $950 to $1,050 per week Showcasing family-sized luxury in a peaceful corner position, this 3-bedroom, 2-bathroom apartment is enriched by a world of convenience on your doorstep. Take an easy walk to South Melbourne Market, the arts precinct, a choice of tram routes, Anzac trains, Woolworths, the Royal Botanic Gardens, and Albert Park Lake. Freshly painted throughout with sleek floorboards underfoot, spacious open-plan living and dining is complemented by a pristine kitchen boasting a breakfast bar and stainless-steel appliances including a 4-burner gas cooktop. High-performance double glazing wraps the apartment in blissful silence, ensuring a tranquil retreat from the bustling world outside. Ideal for entertaining, step outside to a sheltered balcony with sweeping views over neighbourhood treetops and rooftops. Generously sized bedrooms are naturally lit and serviced by mirrored robes and a principal bathroom with a marble-topped vanity, a separate WC, and a shower over a bathtub. The palatial main bedroom comes complete with large walk-in robes and a private ensuite. Set on the fourth floor, comprehensive features include secure car parking, a laundry room, split-system heating and cooling, additional panel heating, and slimline Venetian blinds. The building boasts intercom entry and exclusive use of a heated indoor lap pool, well-equipped gym, tennis court, and a BBQ terrace. Call us now to make this yours! Outgoings: Council Rates: $424.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,947.00 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
3
Bathrooms
2
Parking
1
Land Area
107 m²
Listed
4 weeks ago

Repayment calculator

$3,684/month
$1,842 /fortnight
Loan $608,000 at 6.10% over 30 years

Upfront costs

Deposit$152,000
Stamp duty$40,670
Conveyancing (est.)$2,000
Total upfront$194,670
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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 South Melbourne

This 3-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 11% above the $682,500 median of 59 comparable apartmentswithin 5 km.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 119: Wells Street (tram)106 m away
  • Unnamed95 m away
  • Eastern North Reserve266 m away
  • Eastern South Reserve286 m away
  • Kings Business Park316 m away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · Unit 3 bed

Compound growth +2.4% / yr over 4 yrs

$1.30mcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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