Back 706/52 Park St
Off Market

706/52 Park St

South Melbourne VIC 3205

1
1
Apartment
Bob LiuBob Liu, last sold this property on 06 February 2017 after 111 days on market.

Overview

Modern & Chic... Invest Today!

This brilliantly designed one bedroom apartment is situated in the exclusive 'Essence' development and is sure to impress. Nestled in one of South Melbourne's most desirable locales, this apartment offers the best of low maintenance living and a valuable asset to your investment portfolio. Features include: - Open plan living and dining area, - Galley style kitchen with ample cupboard space, - North East facing balcony with spectacular city backdrop, - Master bedroom with built-in robes, - Central bathroom with large shower and European laundry, and - Stunning building entrance with secure entry. Building amenities include: - Huge rooftop entertaining area, - Barbeque facilities, - Lounge and dining room, - Meeting room, and - Gymnasium. Perfectly located for an easy commute to work being just moments from Domain Interchange tram stop, as well as a short trip and easy access to Melbourne's CBD, recreational and lifestyle facilities abound including South Melbourne market, Albert Park lake, the bay, Botanical Gardens, restaurants, cafes and trams of St Kilda Road. Currently leased until April 2017 at $1521 per calendar month, this is a ready-made investment and would be the ideal inner-city pad.

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 706/52 Park St is $436k.

Median value
$436k
Estimated value range
$290k - $630k
Median days on market
25
Estimated value trend
8%
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 706/52 Park St

2017
Sold
Undisclosed
06 Feb 2017 by Bob Liu, of Barry Plant Docklands

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, 72 one-bedroom apartments similar to 706/52 Park St, have been sold.

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

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