1107/241 City Rd

Off Market

1107/241 City Rd

Southbank VIC 3006

67.7 m²

80 m²

Apartment

Last sold for $516,000

Kevin Ng, last sold this property on 07 August 2017 after 19 days on market.

Overview

Space and Style in the Exclusive 'Mainpoint'

Located in one of Southbank's most stylish and contemporary complexes, 'Mainpoint', this dazzling two bedroom apartment has all the modern charm and relaxed space that you need. Sure to be a hit with all buyers including keen investors (rental return of $646 per week), you're located near Boyd Community Hub, South Melbourne Market, and great Clarendon Street shops. Accommodation: Quality and luxury style are the hallmarks of this 11th floor property, which delivers a spacious central lounge and dining zone with reverse cycle heating and cooling, designer kitchen complete with stone surfaces and stainless steel appliances including a Fisher & Paykel dishdrawer, two comfortable bedrooms both with mirrored built-in robe storage, one of the bedrooms with access to a sleek semi-ensuite with laundry, and a generous balcony terrace which has views of Port Phillip Bay. You're also moments to public transport, Metro supermarket, and other terrific Southbank attractions. Features: Secure car space, intercom entry, 24-hour concierge, building facilities incl. heated indoor pool and gym. MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $580,000 INDICATIVE SELLING PRICE: $530,000 COMPARABLE SALE 1: 137/173 City Road, Southbank. SOLD $538,000- 07/07/2017- 2 Bed, 2 Bath, 1 Car. COMPARABLE SALE 2: 197/183 City Road, Southbank. SOLD $533,080- 02/07/2017- 2 Bed, 1 Bath, 1 Car. COMPARABLE SALE 3: 1106/163 City Road, Southbank. SOLD $550,000- 05/07/2017- 2 bed, 1 Bath, 2 Car.

Features

2 bedrooms

1 bathroom

1 carspace

67.7 m² floor area

80 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1107/241 City Rd is $585k.

Median value

$585k

Estimated value range

$370k - $2.05m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1107/241 City Rd

2017

Sold

$516,000

07 Aug 2017 by Kevin Ng, of MICM

Happy sellers in Southbank

86%

86% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 87 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 443 two-bedroom apartments similar to 1107/241 City Rd, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southbank for a free market appraisal.

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(307 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(375 reviews)

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David Umana

at Ray White Southbank | Melbourne City

4.9

(49 reviews)

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Faith Chang

at MICM

4.9

(277 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 73 local sales and collected 26 local reviews across the last 12 months.