Back 523/85 Market St
Off Market

523/85 Market St

South Melbourne VIC 3205

2
2
1
Unit
Last sold for $585,000
Taylor SimsTaylor Sims, last sold this property on 11 June 2025 after 15 days on market.

Overview

Prime South Melbourne Living in the Heart of the Suburb

Perfectly positioned between the iconic South Melbourne Market and the vibrant energy of Clarendon Street, this stylish fifth-floor apartment places you in the heart of one of Melbourne's most sought-after lifestyle precincts. Surrounded by a dynamic café culture, renowned restaurants, boutique shopping, and easy city-bound tram access, this location offers the best of inner-city convenience with a community-focused feel. Weekend adventures await at the Royal Botanic Gardens, Melbourne's sporting arenas, or just steps away at the bustling market. Thoughtfully designed for modern living, the spacious two-bedroom, two-bathroom residence showcases a light-filled open plan living and dining area with views looking out over South Melbourne. The gourmet kitchen boasts stone bench-tops, a waterfall island breakfast bar, soft-closing cabinetry, and premium Smeg and Bosch appliances. Enjoy seamless indoor-outdoor living with two sliding doors opening to a generous undercover balcony that captures panoramic city vistas. The main bedroom includes a full wall of built-in robes and a chic, fully tiled ensuite, while the second bedroom also features built-in robes and access to a stylish matching bathroom. A discreet European laundry completes the smart layout. Additional features enhance comfort and security, including floorboards throughout, double glazing, reverse cycle air conditioning, and a video intercom system. Located in the acclaimed 'Teri' development, residents benefit from secure lift access, a welcoming lobby, and a basement car space with over-the-bonnet storage. This is low-maintenance luxury living in an unbeatable location-ideal for professionals, investors, or lifestyle-driven buyers. - 75m to South Melbourne Shopping Centre - 400m to South Melbourne Market - 500m to Clarendon Shopping Centre - 750m to Crown Casino Whether you are looking for your first home or an excellent investment in a stunning location, do not miss out on this opportunity, call Taylor Sims on 0403 485 210 for any inquiry.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

We need at least 3 similar 2 bedroom units sold in South Melbourne over the last 12 months.

Property history for 523/85 Market St

2025
Sold
$585,000
11 Jun 2025 by Taylor Sims, of Ray White Southbank | Melbourne City
2024
Rented
Undisclosed
Leased on 11 Sep 2024 by Ray White Southbank | Melbourne City
2024
Rented
Undisclosed
Leased on 10 Sep 2024 by Ray White Southbank | Melbourne City

Happy sellers in South Melbourne

59%
59% 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 18 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom units in South Melbourne

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