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Back 707/33 City Road
Off Market

707/33 City Road

Southbank VIC 3006

2
1
1
75 m²
Apartment
Nick WaltersNick Walters, last sold this property on 07 October 2025 after 8 days on market.

Overview

TWO BEDROOM + CAR PARK - LEASE ENDING IN JANUARY 2027...

This impressive apartment is situated on level seven offering a quiet South/Easterly position. This two -bedroom property measures 75 square meters internally with views facing Melbourne's Arts Centre spire and beyond. The two spacious bedrooms offer built in robes with main bedroom also providing a Juliette balcony. Add to this, a fully equipped open plan kitchen, dining and lounge area; and a fully appointed bathroom with laundry facilities. To top it off, one secure under cover car park is on title. The property offers a heated pool, sauna, spa, gymnasium, sun deck, restaurant and bar, good security, and is in a prime location in heart of the Melbourne's Arts precinct, Crown Entertainment complex and the CBD just a short walk over the Yarra River. The apartment is currently leased to the Mantra Group until January 2027, with a lease termination option for owners by simply providing 90 day's notice to vacate to Mantra. This lease also offers a 14 day Owner's Use clause. A perfect set and forget investment or primed for your own short stay accommodation. IMPORTANT INFORMATION: Annual Rent: $39,177 (FY 2024-2025) Return: 8.76% Gross Lease: Until January 2027 Options: Nil Internal Size: 75 sqm Owners Use : 14 Days per year. Lease Termination : 90 Days Notice. Approximate Outgoings: Owners Corp Admin Fees:$6,314 pa O C Maintenance Fund:$2,121 pa Council Rates:$1,686 pa Water Rates:$710 pa Inspection is by private appointment. For further details please contact: Nick Walters of Kingsford Property - 0438 557 885 Nick@kingsfordproperty.com.au Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Features

2 bedrooms
1 bathroom
1 carspace
75 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 707/33 City Road is $572.5k.

Median value
$572.5k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. 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 707/33 City Road

2025
Sold
Undisclosed
Private Sale/Treaty on 07 Oct 2025 by Nick Walters, of Kingsford Property

Happy sellers in Southbank

84%
84% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 462 two-bedroom apartments similar to 707/33 City Road, have been sold.

This represents a 13% increase in two-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 Southbank

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 24 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  24 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 79 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  79 Sales in Southbank
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 34 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  34 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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