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906/52 Park Street

South Melbourne VIC 3205

1
1
Apartment
Currently for sale - view listing

Overview

Light-Filled Apartment at The Essence

Discover this stylish and well-presented one-bedroom apartment, perfectly positioned near the Royal Botanic Gardens, cafés, restaurants and the St Kilda Road tram corridor, just moments from the CBD. The spacious bedroom comes with built-in robes and is serviced by a modern bathroom with laundry facilities, while the open-plan living and dining area is filled with natural light and flows seamlessly to a sleek kitchen finished with marble benchtops and stainless-steel appliances. Reverse-cycle heating and cooling ensure year-round comfort, and video intercom entry adds extra peace of mind. A private balcony provides the perfect spot to unwind at the end of the day. Residents also enjoy access to premium building amenities, including a fully equipped gym, private dining room with kitchen, cinema room, sky lounge with fireplace, and a rooftop BBQ deck with sweeping 360° views. This apartment offers an exceptional lifestyle opportunity, whether as a stylish city base or a smart investment. Currently returning $430 per week, this property offers a solid rental yield with a reliable tenant eager to sign a new lease. With body corporate fees approximately $2,500 per year, this low-maintenance investment is perfect for savvy investors looking to expand their portfolio or secure consistent rental income from day one.

Features

1 bedroom
1 bathroom
Apartment

Property history for 906/52 Park Street

2023
Rented
Undisclosed
Leased on 28 Mar 2023 by McGrath South Yarra

Happy sellers in South Melbourne

62%
62% 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 19 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 906/52 Park Street, have been sold.

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

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