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Back 516/52 Park Street
Off Market

516/52 Park Street

South Melbourne VIC 3205

1
1
Apartment

Overview

INVESTORS TAKE NOTE!

An opportunity has arisen for you to reap instant cash flow with this positive geared designer 1 bedroom apartment. Located in the newly built chic ESSENCE apartment building loaded with features such as cinema, rooftop BBQ, gym, dining room and rooftop lounge with fireplace and terrace. The apartment boasts amazing city views, stainless steel appliances, intercom, pay TV, broadband internet ready, dishwasher plus heating/cooling. In prime South Melbourne location between Kings Way and St Kilda Road, this apartment is just moments away from Domain Interchange, Albert Park Lake and Royal Botanic Gardens. Walking distance to cafes, restaurants and even a supermarket right under the apartment building. Currently leased @ $320 per week with a secure 12 month lease this opportunity is not to be missed.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 516/52 Park Street is $436k.

Median value
$436k
Estimated value range
$290k - $630k
Median days on market
25
Estimated value trend
1%
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 516/52 Park Street

2025
Rented
Undisclosed
Leased on 01 Dec 2025 by Jellis Craig Port Phillip
2022
Rented
Undisclosed
Leased on 16 Aug 2022 by RT Edgar Albert Park
2018
Rented
Undisclosed
Leased on 02 Jan 2018 by Markovic Real Estate

Happy sellers in South Melbourne

58%
58% 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 17 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 73 one-bedroom apartments similar to 516/52 Park Street, have been sold.

This represents a 2% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Rohan White

Rohan White is an award winning recommended agent for South Melbourne.  They have 19 local sales and collected 10 local reviews across the last 12 months.

  •   4.9   (365 reviews)
  •  10 Reviews in South Melbourne
  •  19 Sales in South Melbourne
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Stefan Joannides

Stefan Joannides is a recommended agent for South Melbourne.  They have 6 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (7 reviews)
  •  3 Reviews in South Melbourne
  •  6 Sales in South Melbourne
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Moses Habib

Moses Habib is an award winning recommended agent for South Melbourne.  They have collected 2 local reviews across the last 12 months.

  •   4.9   (94 reviews)
  •  2 Reviews in South Melbourne
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Besim Kanacevic

Besim Kanacevic is a recommended agent for South Melbourne.  They have 5 local sales and collected 1 local review across the last 12 months.

  •   5   (191 reviews)
  •  1 Review in South Melbourne
  •  5 Sales in South Melbourne
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