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2704/1 Balston St

Southbank VIC 3006

1
1
Apartment
Currently for sale - view listing

Overview

High-Return Opportunity, High-Demand Neighbourhood

Investors Please Note: The property is currently rented on a month to month tenancy returning $580 per week. Set high above the sparkling waterline, this stunning 1-bedroom apartment highlights breathtaking bay and lake views from a private balcony. A perfect match for first home owners and astute investors, the central neighbourhood on your doorstep features next-level convenience. Simply stroll to Crown, iconic South Melbourne Market, arts precinct vibrancy, Melbourne Square Woolworths, Boyd Community Hub, city-bound trams, and the riverside restaurants lining Southbank Promenade. Spacious open-plan living and dining pivots a stone-finished kitchen graced with a high-performing Fisher and Paykel dish-drawer and premium Miele appliances including an integrated microwave and a 4-burner gas cooktop. Perched on the 27th floor of prestigious Southbank Central, floor-to-ceiling glass slides open to a sheltered balcony showcasing a spectacular outlook extending across the skyline towards the beautiful blue waters of Albert Park Lake and Port Phillip Bay. The generously sized bedroom shares this sweeping panorama, serviced by mirrored built-in robes and a fully tiled bathroom with a stone-topped vanity. Saving on power bills with an impressive 6.5 star energy-efficiency rating, take advantage of a Euro laundry with a washing machine and dryer, ducted heating and cooling, double glazing, recessed down-lighting, slimline Venetian blinds, and extra roller blinds in the bedroom. Southbank Central comes with intercom entry, high-speed lifts, a 24-hour concierge and access to a 25m indoor pool, a well-equipped gym, shared lounge/dining, and two BBQ terraces. Register your interest today! Outgoings: Council Rates: $1,082.61 per annum Water Rates: $740.00 per annum Owners Corporation Fees: $3,754.45 per annum * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Southbank

85%
85% 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 82 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 223 one-bedroom apartments similar to 2704/1 Balston St, have been sold.

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

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