Back 504/97 Palmerston Crescent
Off Market

504/97 Palmerston Crescent

South Melbourne VIC 3205

2
2
2
Apartment
Leonard PersichettiLeonard Persichetti, last sold this property on 23 September 2023 after 25 days on market.

Overview

Style and space in a vibrant lifestyle position

Experience unparalleled urban elegance in the striking ORBIS building, known for its distinctive golden concave façade that sets it apart from the rest. Elevated on the 5th floor of the unique complex, this modern apartment offers the epitome of inner-city luxury, complete with stunning cityscape panoramas. Step inside to discover a generous open-plan living and dining area, radiating a captivating sense of modern sophistication. The space seamlessly flows onto a north-facing balcony, perfect for wining, dining, and entertaining while soaking in the dramatic backdrop. The kitchen is a testament to excellence, featuring premium stone benchtops, high-end Miele stainless-steel appliances including a dishwasher, and generous storage. The restful master bedroom is accompanied by a stylish ensuite bathroom decorated in white mosaic tiles, while a second bedroom is complemented by a chic central bathroom that mirrors the designer flair of the ensuite. Additional amenities include two secure basement parking spaces with storage cabinets, a European laundry, split-system heating and air conditioning, soft-touch cabinetry, and an impressive communal entry foyer that guides you through a striking polished metal tunnel. Ideally located within walking distance of Clarendon Street's boutique shopping and fine dining, South Melbourne Market, Albert Park Lake, MSAC, and public transport for a quick commute to the CBD, this exceptional first home or investment offers an unmatched opportunity to live a life of ultimate convenience.

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 504/97 Palmerston Crescent 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 504/97 Palmerston Crescent

2024
Rented
Undisclosed
Leased on 04 Feb 2024 by RT Edgar Glen Eira
2023
Sold
Undisclosed
Private Sale/Treaty on 23 Sep 2023 by Leonard Persichetti, of RT Edgar Glen Eira

Happy sellers in South Melbourne

62%
62% 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 504/97 Palmerston Crescent, have been sold.

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

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