Back 907/52 Park St
Off Market

907/52 Park St

South Melbourne VIC 3205

1
1
Apartment
Shea LamontShea Lamont, last sold this property on 31 July 2025 after 332 days on market.

Overview

$490 per Week Rental Income!

Discover an exceptional investment opportunity at Park Street, South Melbourne, where modern urban living meets serene luxury. This stylish apartment is ideally located directly across from a tram stop, ensuring effortless access to Melbourne's central business district and beyond. Enjoy proximity to the Royal Botanic Gardens and the prestigious National Gallery of Victoria (NGV), enhancing both lifestyle and appeal. Positioned in a vibrant community, this property offers not only a chic living space but also a prime location that attracts tenants and boosts rental potential. The iconic South Melbourne Market, renowned for its fresh produce and gourmet offerings, is just a short walk away. Additionally, the Crown Entertainment Complex and Southbank Promenade provide diverse dining and entertainment options, appealing to a wide range of tenants. Inside, the apartment boasts an open-plan design filled with natural light, complemented by high-quality finishes. The modern kitchen flows seamlessly into a spacious living area, which opens to a private balcony—ideal for relaxation or entertaining. Enjoy year-round comfort with efficient split-system air conditioning. Key Investment Highlights: * Vendor-owned since built (2012-2013) * Strong rental demand in a vibrant community * Low outgoings * Annual Expenses: -Owners Corporation (OC): $3,031 -Water: $667 -Council: $696 -Total Annual Expenses: $3,031 + $667 + $696 = $4,394 Terms: 10% deposit with flexible balance terms (30/45/60/90/120/Negotiable)

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 907/52 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 907/52 Park St

2025
Sold
Undisclosed
31 Jul 2025 by Shea Lamont, of Fletchers Manningham
2025
Rented
Undisclosed
Leased on 24 Jul 2025 by Fletchers Manningham
2022
Rented
Undisclosed
Leased on 03 Jan 2022 by Besser & Co. Estate Agents

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, 71 one-bedroom apartments similar to 907/52 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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