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914/31 City Road

Southbank VIC 3006

1
1
Apartment
Currently for sale - view listing

Overview

Investment Only - Approx 10% Gross Yield | 1 Bedroom | 51m²

Positioned within the sought-after Mantra Southbank, this low-maintenance one-bedroom apartment presents an outstanding opportunity for investors chasing strong, reliable returns in a blue-chip inner-city location. Currently offering an estimated rental return of $500 per week (approx. 9-10% yield p.a.), this is a rare chance to secure a high-performing asset in one of Melbourne's most dynamic precincts. Inside, the apartment showcases a functional and modern layout, featuring: • Light-filled open-plan living and dining area • Sleek stone kitchen with stainless steel appliances • Generous bedroom with built-in robes • Bright central bathroom with integrated Euro laundry • Ducted heating and cooling for year-round comfort • Secure intercom entry Residents also enjoy access to premium building facilities including a pool, gym, and sauna-enhancing both lifestyle appeal and rental demand. Perfectly located just moments from Crown Entertainment Complex, the Melbourne Arts Precinct, Flinders Street Station, the CBD, and the Royal Botanic Gardens Victoria, this address ensures constant appeal for tenants and visitors alike. With close proximity to major universities and business hubs, the property benefits from consistent demand and long-term growth potential. An exceptional set-and-forget investment with strong returns and unbeatable positioning. Contact us today to arrange a private inspection-opportunities like this are rarely available.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Southbank

87%
87% 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 92 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 244 one-bedroom apartments similar to 914/31 City Road, have been sold.

This represents a 2% increase in one-bedroom apartments sales when compared to the previous 12 months.

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