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506/338 Kings Way

South Melbourne VIC 3205

2
1
1
Apartment
Currently for sale - view listing

Overview

A Bright City-Fringe Opportunity

North-facing, with natural light, this spacious two-bedroom apartment with floorboards throughout, offers easy living in sought after South Melbourne/Albert Park precinct. A generous living zone flows to a sunlit balcony, while the stone-finished kitchen, two robed bedrooms, secure basement parking and storage add everyday practicality. Currently leased at $600 per week, it also presents a ready-made investment in a consistently sought-after inner-city location. • North-facing orientation capturing natural light • Floorboards throughout & in good condition • Stone kitchen with gas cooktop and integrated dishwasher • Excellent kitchen storage with preparation space • Light-filled main bedroom with ample built-in robe storage • Second bedroom also featuring built-in wardrobes • Bathroom with separated bathroom and toilet • Secure basement car space plus separate storage cage on title • Secure lobby entry with convenient lift access • Moments to CBD, South Melbourne Market and Albert Park Lake

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Property history for 506/338 Kings Way

2024
Rented
Undisclosed
Leased on 15 Feb 2024 by Belle Property Sandringham

Happy sellers in South Melbourne

52%
52% 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 24 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 102 two-bedroom apartments similar to 506/338 Kings Way, have been sold.

This represents a 7% increase in two-bedroom apartments sales when compared to the previous 12 months.

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