Back 2601/245 City Road
Off Market

2601/245 City Road

Southbank VIC 3006

2
1
1
Apartment
Robert EggersRobert Eggers, last sold this property on 09 November 2025 after 74 days on market.

Overview

Sleek North-Facing Apartment in Palladium Tower with Car Space & Storage

Positioned on the 26th floor of the highly sought-after Palladium Tower, this stylish two-bedroom apartment boasts a prized north-facing aspect, a separately titled car parking space, and a storage cage. Perfect for owner-occupiers, first home buyers, or investors, it’s ready to move straight in and enjoy a lifestyle of comfort and convenience. The light-filled open-plan living and dining area features timber flooring and floor-to-ceiling windows opening to a private balcony with sweeping city views. A sleek kitchen with stone benchtops, breakfast bar, gas cooktop, electric oven, and dishwasher combines functionality with modern elegance. Both bedrooms include mirrored built-in robes, while the sparkling central bathroom is complemented by Euro laundry facilities. Additional features include split-system heating/cooling, secure intercom entry, concierge service, and resort-style amenities including an indoor pool, fully equipped gym, and outdoor terrace. Residents also enjoy the ultimate convenience of a ground-floor Woolworths with direct access. Enjoy a fabulous Southbank lifestyle close to Clarendon Street cafés, South Melbourne Market, Boyd Community Hub, Crown Entertainment Complex, the Arts Precinct, quality schools, and the CBD — all just moments from your door.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 2601/245 City Road is $573.33k.

Median value
$573.33k
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 2601/245 City Road

2025
Sold
Undisclosed
09 Nov 2025 by Robert Eggers, of Dingle Partners
2024
Rented
Undisclosed
Leased on 17 Sep 2024 by Dingle Partners
2023
Rented
Undisclosed
Leased on 07 Jun 2023 by Dingle Partners

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, 458 two-bedroom apartments similar to 2601/245 City Road, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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