Back 1207E/42 Balston St
Off Market

1207E/42 Balston St

Southbank VIC 3006

2
1
1
0 m²
0 m²
Apartment
Last sold for $430,000
Sunday HuSunday Hu, last sold this property on 11 May 2025 after 122 days on market.

Overview

Breathtaking Bay Aspect from an Exclusive Entertainer

Inspired, impeccable and instantly inviting all at once, this stunning 2 bedroom apartment highlights the blue-water beauty of Port Phillip Bay in resort-style comfort. Venture downstairs and the special Southbank neighbourhood on your doorstep includes Melbourne Square Woolworths, South Melbourne Market, the arts precinct, Crown, Boyd Community Hub and the popular bars, cafes and restaurants lining the Yarra River. This is the life! Perched on the 12th floor of the eastern tower in the world-class Imagine Marco building, a streamlined kitchen is graced with stone surfaces, soft-closing cabinetry and the full complement suite of high-end Smeg appliances including a dishwasher and a 4-burner gas cooktop. Roomy open-plan living and dining flows to a large undercover balcony with commanding views towards the Dandenong Ranges and Royal Botanic Gardens greenery before sweeping over the bay. Capturing soothing summer sea breezes with ease, entertaining family and friends will become second nature! The generously sized, air-conditioned and mirror-robed bedrooms are serviced by a stylish bathroom featuring a fully tiled shower area, mirrored cabinetry and a stone-topped vanity. Take advantage of secure car parking, an over-the-bonnet storage unit, laundry capacity, ducted heating and cooling in every room, double glazing, lightly toned timber floorboards, roller blinds, and recessed down-lighting. The Imagine Marco complex comes complete with a 24-hour reception desk, concierge service, intercom security, and resort-grade use of an infinity pool, a well-equipped gym, cinema, and shared dining facilities. Nest or invest, inspect today! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $235.01 per quarter approx. Water Rates: $172.94 per quarter approx. Owners Corporation Fees: $1,208.00 per quarter approx. Potential Rental Income: $670 per week approx.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
0 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 1207E/42 Balston St 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 1207E/42 Balston St

2025
Rented
Undisclosed
Leased on 17 Jun 2025 by Harcourts Melbourne City
2025
Sold
$430,000
11 May 2025 by Sunday Hu, of MICM
2017
Rented
Undisclosed
Leased on 28 Nov 2017 by 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 89 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 456 two-bedroom apartments similar to 1207E/42 Balston St, have been sold.

This represents a 15% increase in two-bedroom apartments sales when compared to the previous 12 months.

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