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1108/9 Power St

Southbank VIC 3006

2
1
1
66 m²
Apartment
Currently for sale - view listing

Overview

High-Demand Southbank Investment in Prima Tower

This well-positioned apartment presents an outstanding opportunity for investors seeking strong rental appeal in the heart of Southbank. Featuring a smart and functional floorplan with newly installed carpet, the second room can be utilized as a study or guest room catering perfectly to tenants looking for work-from-home flexibility. Step inside to discover a light-filled open-plan living and dining area framed by floor-to-ceiling double-glazed windows, allowing natural light. The sleek designer kitchen boasts stone benchtops, quality cabinetry, and premium appliances, combining style with functionality. The contemporary bathroom and well-proportioned bedroom with built-in robes complete this turnkey apartment. A private balcony extends the living space, offering a peaceful retreat above the vibrant city. Residents enjoy resort-style amenities, including a 25-metre indoor heated pool, fully equipped gym, sauna, steam room, private cinema, virtual golf room, residents' lounge, BBQ terrace, and 24-hour concierge. Key Investment Highlights Versatile Floorplan: Second bedroom can serve as a study, guest room, or second bedroom. Strong Rental Appeal: Located in the highly sought-after Prima Tower, attracting young professionals. Prime Southbank Location: Steps from Crown Melbourne, Southbank Promenade, restaurants, public transport, and the CBD. Resort-Style Amenities: Indoor pool, gym, sauna, private cinema, lounge, BBQ terrace, and concierge. Ready for Investors: Modern, move-in ready apartment ideal for immediate leasing or long-term capital growth. Lifestyle & Convenience: Combines city living with premium comfort, appealing to a broad tenant market. This apartment is perfectly suited for investors seeking a low-maintenance property with high tenant demand, be it long term or short term leases providing both lifestyle and long-term growth potential in one of Southbank's most prestigious towers.

Features

2 bedrooms
1 bathroom
1 carspace
66 m² floor area
Apartment

Property history for 1108/9 Power St

2017
Sold
$550,000
24 Oct 2017 by Andrew Lean, of Pagan Real Estate
2017
Rented
Undisclosed
Leased on 04 Sep 2017 by Melcorp Real Estate City Central

Happy sellers in Southbank

84%
84% 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 93 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 463 two-bedroom apartments similar to 1108/9 Power St, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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