Back 3701/241 City Road
Off Market

3701/241 City Road

Southbank VIC 3006

2
1
0 m²
0 m²
Apartment
Last sold for $408,000
Jen Lin LauJen Lin Lau, last sold this property on 18 August 2026 after 92 days on market.

Overview

Affordable Luxury with Commanding City Views

Basking in the warmth of northeastern sunlight, this sleek 2 bedroom apartment matches stunning sky-high views with a fast-paced inner-city neighbourhood on your doorstep. Head downstairs from your 37th floor Mainpoint sanctuary and walk to Crown entertainment, the arts precinct, lively local cafes, South Melbourne Market, Woolworths, Clarendon Street attractions, and the riverside restaurants of Southbank Promenade. Both first home buyers and investors will be rewarded by an inspection of this affordable gem! Discover far-reaching open-plan living and dining, underscored by a stone-topped kitchen with ample storage space, a microwave, 4-burner gas cooktop, and a Fisher and Paykel dish-drawer. Slide open floor-to-ceiling glass and instantly relax on an undercover balcony showcasing sweeping views landing on the soaring city skyline, Royal Botanic Gardens greenery, the Dandenong Ranges, and the blue-water beauty of Albert Park Lake. Capturing colourful sunrises with ease, your morning coffee will be a daily highlight! Generously sized bedrooms are serviced by mirrored built-in robes and a fully tiled bathroom with laundry capability including a combination washer/dryer. Additional features include split-system heating and cooling, double glazing, and roller blinds with doubles in the living space. Saving on power bills with a 6-star energy-efficiency rating, Mainpoint comes complete with intercom security, a 24-hour concierge in a stylish foyer, high-speed lifts, and resort-style access to a heated lap pool and a fully equipped gym. Outgoings: Council Rates: $291.23 per quarter approx. Water Rates: $179.08 per quarter approx. Owners Corporation Fees: $777.60 per quarter approx. Potential Rental Income: $640 - $660 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

2 bedrooms
1 bathroom
0 m² floor area
0 m² lot size
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 3701/241 City Road is $585k.

Median value
$585k
Estimated value range
$370k - $2.05m
Median days on market
49
Estimated value trend
0%
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 3701/241 City Road

2026
Sold
$408,000
18 Aug 2026 by Jen Lin Lau, of MICM

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 85 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 445 two-bedroom apartments similar to 3701/241 City Road, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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