Back 112/173 City Rd
Off Market

112/173 City Rd

Southbank VIC 3006

2
2
1
87.4 m²
91.4 m²
Apartment
Last sold for $580,000
Jen Lin LauJen Lin Lau, last sold this property on 08 August 2018 after 9 days on market.

Overview

Style, Substance and Sunlit Space in Superb Setting

Instantly appealing with a surprising sense of space, this sunlit 2 bedroom, 2 bathroom apartment on the 11th floor of central Southbank's Melbourne Tower complex is the perfect home base to kick-start the lifestyle of your dreams! So close to award-winning riverside restaurants, Crown Entertainment Complex, and the wildly popular South Melbourne Primary School, indulge yourself today! Flawlessly finished throughout, discover a gleaming, granite-topped kitchen boasting a Fisher and Paykel dishwasher, and roomy open-plan living and dining with a total of 91.4sqm (approx.) of sprawling space. Entertain with distinction on your very own sheltered balcony, capturing invigorating neighbourhood views day and night. Privately and peacefully staged, both window-walled bedrooms are generous in size with mirrored walk-in and built-in robes, serviced by a pair of fully tiled, marble-topped bathrooms. Confident investors can set and forget this high-flying portfolio performer, while market entrants will purchase with certainty. The feature-rich fitout comes complete with a concealed laundry, secure parking, ducted heating/cooling, video intercom entry, and first-rate facilities including a swimming pool, fully equipped gym and a tennis court.

Features

2 bedrooms
2 bathrooms
1 carspace
87.4 m² floor area
91.4 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 112/173 City Rd is $575k.

Median value
$575k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-4%
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 112/173 City Rd

2018
Sold
$580,000
08 Aug 2018 by Jen Lin Lau, of MICM

Happy sellers in Southbank

83%
83% 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 95 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 460 two-bedroom apartments similar to 112/173 City Rd, have been sold.

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

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