2701/89 Gladstone St

Off Market

2701/89 Gladstone St

South Melbourne VIC 3205

816 m²

Apartment

Last sold for $435,000

Zekria Tawafi, last sold this property on 18 September 2025 after 55 days on market.

Overview

A Benchmark in South Melbourne Luxury with Breathtaking Bay Views

• Total gross yield of 7.1-7.8% • Rental Appraisal of $650 - $675 per week • Stunning 180 degree views of the Port Phillip Bay and South Melbourne Beach • Open-plan living and dining area flooded with natural light • Gourmet kitchen with stone benchtops, premium appliances & ample storage • Two generous bedrooms with mirrored built-in robes • Contemporary bathroom featuring floor-to-ceiling tiling & oversized shower • Split-system heating/cooling and discreet European laundry • Secure car park and storage cage • Unbeatable location moments from Clarendon Street, South Melbourne Market & vibrant dining precincts Stylish, spacious, and perfectly positioned, this South Melbourne apartment delivers the ultimate inner-city lifestyle with breathtaking views. Inside, an open-plan layout welcomes abundant natural light through full-height windows, creating a warm and inviting living and dining zone that flows seamlessly to an oversized balcony-ideal for alfresco dining or simply soaking in the Port Phillip Bay panoramas. The designer kitchen impresses with sleek cabinetry, stone finishes, and premium appliances, offering both form and function for everyday living or entertaining. Two well-proportioned bedrooms provide a peaceful retreat with mirrored robes, while the contemporary bathroom elevates everyday routines with floor-to-ceiling tiling and an oversized walk-in shower. Additional features include a secure car park, storage cage, split-system heating/cooling, a European laundry, and secure entry within a modern high-rise. Positioned just steps from the buzz of Clarendon Street, South Melbourne Market, cafes, bars, and excellent public transport, this is lifestyle living at its best. Perfect for owner-occupiers or savvy investors seeking strong returns in a blue-chip location. For all enquiries, please contact Zekria Tawafi on 0411 577 970.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

816 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 2701/89 Gladstone St is $620k.

Median value

$620k

Estimated value range

$435k - $1.22m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in South Melbourne. 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 2701/89 Gladstone St

2025

Sold

$435,000

Private Sale/Treaty on 18 Sep 2025 by Zekria Tawafi, of Ray White Southbank | Melbourne City

2025

Rented

Undisclosed

Leased on 07 May 2025 by MRE

2023

Rented

Undisclosed

Leased on 06 Sep 2023 by MRE

Happy sellers in South Melbourne

<50%

Less than 50% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 106 two-bedroom apartments similar to 2701/89 Gladstone St, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

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Nearby agents

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Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 23 local sales and collected 8 local reviews across the last 12 months.