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Back 1502/251 City Road
Off Market

1502/251 City Road

Southbank VIC 3006

2
2
Apartment
Liz MoLiz Mo, last sold this property on 12 July 2021 after 49 days on market.

Overview

2b2b Apartment in Palladium Tower

Palladium Tower AMENITIES INCLUDE: 400 square metres of indoor and outdoor space Terrace and lounge Landscaped terraces with BBQ facilities A bar and private dining room A pool and spa Steam room and gymnasium The one, two, and three-bedroom apartments feature quality timber floors and downlights, floor-to-ceiling windows, and the best in premium fittings and finishes, stylish and practical. Whilst car parking and storage are available, Palladium Tower is just minutes from Melbourne's thriving CBD. Choose between a neutral palette for a light, fresh finish, or onyx for a dusky, mystic look in your residence with black timber floors for an elegant, duskier feel. Unique touches decorate the kitchen for a sleek and modern ambience, with the choice of enigmatic silver or dark grey splashbacks, and crisp white or slate tiling. Kitchens feature custom wall shelving over the island bench and European Miele appliances. Bathrooms are embedded with hues of slate and clay to evoke a natural, earth-bound feel among the polish of chrome tapware and the semi-frameless shower. Unwind at the Resident's Retreat on levels 40 and 41, and revel in the convenience of the pool, steam room and yoga room, or sweat it out at the fully-equipped gym, all whilst marvelling at the views of Port Phillip Bay and Albert Park Lake. Entertain friends and family on the Palladium Terrace and Lounge, or be entertained in one of the communal theatres. Located in the Southbank Precinct, enjoy all of the greatest necessities at arms reach with major supermarkets, markets for fresh food and worldly cuisine just in a 200-metre walk from your front doorstep. Bask in the sun at Albert Park Lake or have a picnic at the Royal Botanic Gardens under a shady tree, participate in rowing down the Yarra river, enjoying the sights of Melbourne CBD and beyond or take a short tram to Port Melbourne Beach and watch the cruise ships roll in from the dock of the bay. Floor plan options range between 45 square metres to 120 square metres for three bedroom apartments. Construction has begun on Palladium Tower Southbank.

Features

2 bedrooms
2 bathrooms
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 1502/251 City Road 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 1502/251 City Road

2021
Sold
Undisclosed
Private Sale/Treaty on 12 Jul 2021 by Liz Mo, of Sinoaus Realty

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, 462 two-bedroom apartments similar to 1502/251 City Road, have been sold.

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

Nearby agents

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

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 24 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  24 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 79 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  79 Sales in Southbank
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 34 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  34 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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