Back 816/338 Kings Way
Off Market

816/338 Kings Way

South Melbourne VIC 3205

1
1
1
Apartment
Sumayyah CocajSumayyah Cocaj, last sold this property on 18 March 2025 after 36 days on market.

Overview

SOLD BY SUMAYYAH COCAJ

Effortless style and convenience in a prime location A stunning one-bedroom, one-bathroom apartment with secure parking, offering the perfect blend of style, comfort, and convenience. Step inside and experience modern elegance with an open-plan living and dining area bathed in natural light. Floor-to-ceiling windows frame breathtaking views, while the sleek kitchen boasts premium appliances, stone benchtops, and ample storage, making it a dream for home cooks and entertainers alike. The spacious bedroom features built-in robe- ensuring a restful retreat, while the contemporary bathroom is designed with high-end finishes and a frameless glass shower, adding a touch of luxury to everyday living. Beyond the apartment, the location is truly unbeatable-nestled in the heart of South Melbourne, you're just moments away from the iconic South Melbourne Market, Albert Park Lake, the Royal Botanic Gardens, and a vibrant mix of cafés, restaurants, and nightlife along Clarendon Street and at Crown Entertainment Complex. With tram and bus services at your doorstep, seamless access to the CBD and beyond is effortless, while Melbourne's leading universities, including RMIT and the University of Melbourne, are within easy reach. Whether you're a first-home buyer, investor, or professional seeking a vibrant urban lifestyle, this premium city-fringe apartment presents an exceptional opportunity. Deposit: 10% of the purchase price Settlement preference: 90 days Rental assessment: $530 - $580 per week

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
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 816/338 Kings Way 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 816/338 Kings Way

2025
Rented
Undisclosed
Leased on 26 Jun 2025 by MRE
2025
Sold
Undisclosed
18 Mar 2025 by Sumayyah Cocaj, of Ray White Bundoora
2022
Rented
Undisclosed
Leased on 16 Feb 2022 by Ray White Bundoora

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 816/338 Kings Way, have been sold.

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

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