RateMyAgentGo to search
Back 3505/245 City Road
Off Market

3505/245 City Road

Southbank VIC 3006

2
2
1
Apartment
Jolene TanJolene Tan, last sold this property on 13 May 2026 after 26 days on market.

Overview

Rare 2-Bedroom Living with Style & Convenience in the Heart of the City

A rare opportunity to secure one of the largest two-bedroom floorplans in the prestigious Palladium Tower. Spanning approximately 80sqm, this oversized layout is a rare find. It's perfect for both owner-occupiers or investors who want a big, functional floorplan without the usual city squeeze. Forget the typical "compact" city apartment. This floor plan maximizes every square meter, providing a spacious sanctuary that feels like a home. An open-plan lounge and dining area wrapped in floor-to-ceiling glass, opening onto a private balcony with breathtaking views toward the bay. The "Work-From-Home" Advantage: Unlike most units, 3505 features a dedicated, separate study room. Whether you need a quiet home office, a creative studio, or a nursery, this flexible space is a game-changer for the modern professional. Chef's Kitchen: Sleek and sophisticated with a massive stone breakfast bar, high-end stainless steel appliances, and premium cabinetry. Designer Bathrooms: Stunning grey-tone tiling and matte black fixtures, including a central bathroom with a bathtub. Level 1 Parking: Your secure car space is located on Level 1, allowing for quick and easy access in and out of the building without driving in circles. Extra Storage: Includes a dedicated storage cage on title, perfect for stowing away bulky items and keeping your home clutter-free. Living here gives you access to world-class facilities in Southbank, located on the spectacular Level 40 & 41: A heated indoor lap pool, steam room, and a massive, fully equipped gym. Entertaining Zones: Luxury residents' retreat, private dining rooms, and landscaped outdoor terraces with BBQ facilities. A Woolworths Metro right on the ground floor and 24-hour concierge service. Positioned in the heart of Southbank, you are minutes from The iconic Crown Casino and Southbank Promenade, South Melbourne Market, the NGV, and the Arts Centre. Trams at your door, Southern Cross Station nearby, and zoned for the prestigious South Melbourne Primary and Haileybury City Campus. Experience the luxury of space today! Contact Jolene Tan on 0466 366 041 to arrange your inspection.

Features

2 bedrooms
2 bathrooms
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 3505/245 City Road is $572.5k.

Median value
$572.5k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-5%
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 3505/245 City Road

2026
Sold
Undisclosed
13 May 2026 by Jolene Tan, of Ray White Southbank | Melbourne City
2024
Rented
Undisclosed
Leased on 03 Jun 2024 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, 462 two-bedroom apartments similar to 3505/245 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

placeholder
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
View profile
placeholder
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
View profile
placeholder
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
View profile
placeholder
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
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap