906/52 Park Street
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About this property
Discover this stylish and well-presented one-bedroom apartment, perfectly positioned near the Royal Botanic Gardens, cafés, restaurants and the St Kilda Road tram corridor, just moments from the CBD. The spacious bedroom comes with built-in robes and is serviced by a modern bathroom with laundry facilities, while the open-plan living and dining area is filled with natural light and flows seamlessly to a sleek kitchen finished with marble benchtops and stainless-steel appliances. Reverse-cycle heating and cooling ensure year-round comfort, and video intercom entry adds extra peace of mind. A private balcony provides the perfect spot to unwind at the end of the day. Residents also enjoy access to premium building amenities, including a fully equipped gym, private dining room with kitchen, cinema room, sky lounge with fireplace, and a rooftop BBQ deck with sweeping 360° views. This apartment offers an exceptional lifestyle opportunity, whether as a stylish city base or a smart investment. Currently returning $430 per week, this property offers a solid rental yield with a reliable tenant eager to sign a new lease. With body corporate fees approximately $2,500 per year, this low-maintenance investment is perfect for savvy investors looking to expand their portfolio or secure consistent rental income from day one.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in South Melbourne
This 1-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 56% below 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) — 34 m away
- IGA X-press Park Street — 43 m away
- Unnamed — 291 m away
- Kings Business Park — 344 m away
- Eastern North Reserve — 345 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 1 bed
Compound growth -1.7% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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