Back 315/259 Normanby Road
Off Market

315/259 Normanby Road

South Melbourne VIC 3205

2
2
1
Apartment
Last sold for $756,000
Steven EidSteven Eid, last sold this property on 27 October 2025 after 89 days on market.

Overview

Stylish City Living with Resort-Style Amenities

Perfectly located in the heart of South Melbourne, the landmark R Iconic building offers the ultimate lifestyle upgrade for young professionals, first-home buyers, downsizers and savvy investors alike. This beautifully designed two-bedroom, two-bathroom residence is all about style, comfort and convenience—with world-class amenities right at your doorstep. Step inside to discover a spacious, light-filled open plan layout that blends living, dining and entertaining with ease. The sleek island kitchen is as functional as it is elegant, complete with Bosch stainless steel appliances, gas cooking and ample storage—making it ideal for both quiet nights in and lively dinner parties. The living zone opens out to a private entertainer’s balcony, offering the perfect place to relax or host friends after work. Both bedrooms are generously sized and feature mirrored built-in robes, with the master enjoying the privacy of a well-appointed ensuite and second private balcony. The central bathroom is modern and fresh, while a cleverly integrated Euro laundry and plentiful storage throughout the apartment enhance everyday practicality. Split system heating and cooling ensures comfort year-round, and the property also includes secure entry with video intercom and a regular car space. R Iconic sets a new standard for urban living, offering residents exclusive access to an acre of lush podium gardens, a fully equipped gym, outdoor infinity pool, running track, zen garden, cinema, sauna, steam room, and 24/7 concierge services. There are also private dining garden pavilions, a playground, fitness stations and more—truly a resort lifestyle in the city. With trams just a minute’s walk away, and easy access to JL Murphy Reserve, South Melbourne Market, MSAC, Bay Street, Albert Park Lake, Docklands, the Arts Precinct and the CBD, you’ll be perfectly positioned to enjoy the best of Melbourne. From universities and schools to shopping, dining and the beach, everything you need is just moments from your door. This is not just an apartment—it’s a lifestyle. Don’t miss your chance to be part of the R Iconic community. We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
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 315/259 Normanby Road is $615k.

Median value
$615k
Estimated value range
$425k - $1.31m
Median days on market
34
Estimated value trend
2%
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 315/259 Normanby Road

2025
Sold
$756,000
27 Oct 2025 by Steven Eid, of Woodards Northcote

Happy sellers in South Melbourne

59%
59% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 107 two-bedroom apartments similar to 315/259 Normanby Road, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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