705/259 Normanby Road

Off Market

705/259 Normanby Road

South Melbourne VIC 3205

Apartment

Sharon Perera, last sold this property on 25 June 2025 after 41 days on market.

Overview

Stylish Abode at R.Iconic

Experience elevated living in this spacious 1-bedroom apartment nestled within the luxurious R. Iconic developmentSouth Melbourne's premier address. With its thoughtful layout and resort-style amenities, this residence offers the perfect blend of sophistication and lifestyle appeal. Step into a bright, open-plan living and dining area drenched in natural light, flowing seamlessly onto a massive undercover balconyperfect for entertaining or enjoying uninterrupted sunset views over South Melbourne's low-rise skyline. The bedroom is generously sized with built-in robes, while the sleek bathroom is finished with premium fittings. Key Features: Spacious floorplan with excellent natural light Gourmet kitchen with stone benchtops & quality appliances Oversized undercover balcony with panoramic outlook Secure intercom access & on-site concierge service Climate-controlled comfort throughout Unmatched Amenities Include: Heated outdoor pool & wellness spa State-of-the-art gym, sauna, yoga & meditation studio Rooftop running track, zen garden & landscaped podium gardens Private cinema, karaoke room, dining lounges & wine vault Dog grooming room, EV charging stations & more Perfectly positioned between the beach and the CBD, you're walking distance to South Melbourne Market, Port Melbourne, Albert Park Lake, and light rail transport. An ideal opportunity for investorsthis apartment offers strong rental yield potential in one of Melbourne's most desirable lifestyle precincts. Don't miss outcontact us today for a private inspection.

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 705/259 Normanby Road is $436k.

Median value

$436k

Estimated value range

$290k - $630k

Median days on market

Estimated value trend

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 705/259 Normanby Road

2025

Sold

Undisclosed

Private Sale/Treaty on 25 Jun 2025 by Sharon Perera, of VICPROP BRUNSWICK

2023

Rented

Undisclosed

Leased on 09 Oct 2023 by ARG Property Management

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 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 705/259 Normanby Road, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

at Buxton Port Phillip - Port Melbourne

4.9

(365 reviews)

Get a free market appraisal

Stefan Joannides

at Belle Property Albert Park

4.8

(7 reviews)

Get a free market appraisal

Jon Kett

at Jellis Craig Port Melbourne

4.9

(347 reviews)

Get a free market appraisal

Moses Habib

at Belle Property St Kilda

4.9

(92 reviews)

Get a free market appraisal

Nearby agents

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

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 17 local sales and collected 12 local reviews across the last 12 months.