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99/120 Sturt Street, Southbank$740,000
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99/120 Sturt Street

Southbank, VIC 3006, Australia
$740,000
2 bed 1 bath 1 car96 m²

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About this property

Vacant possession upon settlement. Enter softly. This is not an apartment so much as a deliberate interruption to the city's usual tempo. Set on the first floor of the Southbank Arts Precinct, the residence occupies a rare middle ground-generous in scale, restrained in mood, and quietly insistent on calm. It is a place that seems to ask less of you, and in doing so, offers more. The open-plan living space reveals itself gradually, arranged with purpose rather than spectacle. A custom-built workspace remains hidden until summoned, while integrated storage and near-silent climate control operate discreetly, as if the apartment prefers not to draw attention to its own competence. The room drifts outward to a substantial balcony overlooking carefully maintained gardens-green, orderly, and reassuringly intentional. The kitchen resists drama. Its clean lines, electric cooktop, streamlined cabinetry, dishwasher, and generous bench space are composed to support daily rituals with quiet efficiency. Everything is where it should be, and nothing asks to be admired without first being useful. The bedrooms are composed with similar restraint. Both are queen-sized, fitted with built-in robes and proportions that feel considered rather than coincidental. The second bedroom, however, shifts tone slightly-opening onto an oversized, north-facing private terrace that behaves less like an outdoor space and more like an extra room under open sky, generous with sunlight and possibility. The central bathroom continues the theme of subtle precision, integrating a European laundry almost imperceptibly, while a separate powder room adds a note of unexpected practicality. Timber flooring runs throughout, lending warmth and continuity, while secure parking and an oversized, suspended storage cage ensure that even the unglamorous aspects of life are calmly accounted for. Beyond the threshold, the building reveals its second act. Landscaped gardens, a swimming pool that catches the light just enough, a gym, tennis court, and spa form a backdrop to daily life-less indulgent than inevitable, as though leisure has simply been designed into the routine. Set within easy reach of the Royal Botanic Gardens, South Melbourne Market, acclaimed cafés and restaurants, and St Kilda Road tram connections - with the CBD close enough to walk - this home does not remove you from the city so much as recalibrate your relationship with it. Calm without isolation. Culture without noise. A residence that stands apart by refusing to compete. OUTGOINGS (approximate) per annum: Owners Corporation - $5224 Council Rates - $1820 Water Rates - $704

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
96 m²
Listed
3 months ago

Repayment calculator

$3,587/month
$1,794 /fortnight
Loan $592,000 at 6.10% over 30 years

Upfront costs

Deposit$148,000
Stamp duty$39,470
Conveyancing (est.)$2,000
Total upfront$189,470
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 8% above the $683,000 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)522 m away
  • Unnamed444 m away
  • Unnamed124 m away
  • Unnamed125 m away
  • Unnamed157 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Southbank market

Within 5km

Nearby Properties

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