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1402/565 Flinders Street

Southbank VIC 3006

1
1
Apartment
Currently for sale - view listing

Overview

Vibrant City Living with Uninterrupted Yarra River Views

A truly unique one-bedroom apartment with spectacular water views and your very own street art mural. Positioned to capture uninterrupted views across the Yarra River and Melbourne's city skyline, this stylish one-bedroom apartment offers an enviable inner-city lifestyle in a location that places you moments from everything Melbourne has to offer. The open-plan living and dining area is framed by expansive windows, allowing the ever-changing city and river outlook to take centre stage. Adding an unmistakable point of difference is the apartment's spectacular feature street-art mural, stretching across the living room wall. The well-appointed apartment offers comfortable contemporary living, with a generous bedroom area, built-in robes, modern kitchen and bathroom, and plenty of natural light throughout. Perfectly positioned just minutes from Southern Cross Station, and a tram stop directly outside, the apartment provides effortless access to public transport, the CBD, shopping, dining, entertainment and the Yarra River precinct. Currently leased until March 2027 at $580 per week, the apartment offers an attractive investment opportunity with secure rental income already in place. The current rental income represents an approximate 8.9%9.7% gross rental yield. With its exceptional outlook, unique street art mural and unbeatable city location, this is more than an apartment - it's a lifestyle. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Features

1 bedroom
1 bathroom
Apartment

Property history for 1402/565 Flinders Street

2025
Rented
Undisclosed
Leased on 18 Jun 2025 by Ray White Southbank | Melbourne City
2025
Sold
$318,000
13 Feb 2025 by Andy Yuan, of Areal Property Box Hill

Happy sellers in Southbank

82%
82% 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 81 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 218 one-bedroom apartments similar to 1402/565 Flinders Street, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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