408/99 Palmerston Cres

Off Market

408/99 Palmerston Cres

South Melbourne VIC 3205

Apartment

Matthew Grima, last sold this property on 27 September 2023 after 42 days on market.

Overview

North-facing, City-fringe Sophistication

A sophisticated city-fringe apartment that fills with northern light, whilst revealing a spectacular up-close view of the CBD, this spacious, two bedroom home is perfectly nestled between the natural charms of Albert Park Lake and the Botanical Gardens. Highly secure, absolutely effortless to maintain and blessed with two secure parking spaces, the far-reaching appeal of the apartment extends from busy, city-working, owner occupiers, to savvy investors, discerning downsizers and those seeking a super central lock-and-leave option. Revealing a timeless combination of stone benches, a Miele oven / cooktop, soft close cabinetry and Oak-style flooring, the open-plan kitchen / dining / living is both attractive and durable as it flows through double-glazed sliding doors to a terrace that basks gloriously in all-day sunshine. Meanwhile, the main bedroom features a fully-tiled ensuite that is themed to the central bathroom, plus there are built-in robes in each bedroom, secure video entry, a Building Manager and a fob-activated elevator, as well as two storage units in the basement, split system heating and air conditioning. Everything you need is here to enjoy the very best of South Melbourne's terrific cafe culture, fine dining and gastropubs, all while South Melbourne Market and Clarendon Street are comfortably walkable, plus you have Southbank, the Arts Precinct, world class sporting venues and the CBD all just around the corner as well.

Features

2 bedrooms

2 bathrooms

2 carspaces

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 408/99 Palmerston Cres is $615k.

Median value

$615k

Estimated value range

$425k - $1.31m

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 408/99 Palmerston Cres

2023

Sold

Undisclosed

Private Sale/Treaty on 27 Sep 2023 by Matthew Grima, of Marshall White - Stonnington

2022

Rented

Undisclosed

Leased on 17 Aug 2022 by Marshall White - Stonnington

2016

Sold

Undisclosed

Private Sale/Treaty on 29 Oct 2016 by Matthew Grima, of Marshall White - Stonnington

Happy sellers in South Melbourne

60%

60% 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 19 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 108 two-bedroom apartments similar to 408/99 Palmerston Cres, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

at Buxton Port Phillip - Port Melbourne

4.9

(365 reviews)

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at Belle Property Albert Park

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Jon Kett

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Moses Habib

at Belle Property St Kilda

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Melbourne

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 18 local sales and collected 12 local reviews across the last 12 months.