Back 506/250 City Road
Off Market

506/250 City Road

Southbank VIC 3006

2
1
1
Apartment
Alexander GeorgeAlexander George, last sold this property on 24 May 2026 after 60 days on market.

Overview

Sophisticate Living in the Heart of Southbank (Inc 8.5% return approx!)

Set within the highly regarded Bella Complex, this sophisticated residence presents an exceptional opportunity to secure a stylish home or blue-chip investment in one of Melbourne's most vibrant precincts. Beautifully appointed and filled with natural light, the apartment showcases a seamless open-plan living and dining domain, complemented by a sleek contemporary kitchen featuring stone benchtops, quality appliances, and ample cabinetry. Designed with both comfort and functionality in mind, the layout offers an effortless flow that is perfect for modern urban living. Bella has been thoughtfully reimagined into an elegant residential address, delivering a refined living experience with access to a fully equipped gym, secure bicycle storage, a convenient car lift system, and vibrant ground-floor retail for everyday convenience. Perfectly positioned opposite Moray Street and just moments from the renowned Crown Entertainment Complex, the Yarra River, and the Melbourne CBD, this exceptional location places the very best of the city at your fingertips. With public transport right at your doorstep and effortless access to Melbourne's iconic gardens, leading universities, and celebrated arts precinct, it offers a lifestyle defined by convenience and connectivity. Whether you're seeking a refined city residence or a high-performing investment, this is a rare opportunity to secure premium living in an unbeatable location. Please note: Any reference to internal or external floor size or square meterage has been provided to Barry Plant Docklands/Yarra's Edge by a third party. We strongly encourage all interested parties to conduct their own due diligence before making a property purchase.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car 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 506/250 City Road is $585k.

Median value
$585k
Estimated value range
$366k - $1.67m
Median days on market
48
Estimated value trend
-1%
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 506/250 City Road

2026
Sold
Undisclosed
24 May 2026 by Alexander George, of Barry Plant Docklands
2026
Rented
Undisclosed
Leased on 09 Feb 2026 by Austrump Glen Pty Ltd

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 93 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 444 two-bedroom apartments similar to 506/250 City Road, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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