503/163 City Rd, Southbank, VIC, 3006 - Apartment Sold on 04 12 2025

SoldDec 4, 2025

503/163 City Rd, Southbank, VIC, 3006

$550,000

110 m²

0 m²

Apartment

•

30+ days on the market

Sold: Dec 4, 2025

What's around 503/163 City Rd

Spectacular Alfresco Retreat with a Breathtaking City Aspect

An elevated offering of northeast-facing style, this spacious 2 bedroom apartment delivers soaring city views on an oversized outdoor terrace. Make your way downstairs and the central Southbank setting speaks for itself. Take full advantage with a short walk to the arts precinct, Crown, Melbourne Square Woolworths, Boyd Community Hub, popular local cafes, riverside restaurants, Flinders Street trains, and the vibrant CBD itself. Discover wide-reaching open-plan living and dining, warmed by a high-performing Arlec electric fireplace. A granite-topped kitchen is neatly presented in its own zone with the inclusion of stainless-steel appliances including a full-sized dishwasher and a 4-burner gas cooktop. Perched on the fifth floor of the stylish Summit building, slide open floor-to-ceiling glass and instantly relax on the star of the show. A vast terrace spans the entire width of the apartment, stretching out in the all-day warmth of northern sun. Featuring more than enough space to assemble the full suite of outdoor settings, this private alfresco sanctuary is a true game-changer with the striking city skyline rising above with the majestic Shrine of Remembrance to the east. The large bedrooms are serenely separated by the living space, serviced by mirrored robes and a sparkling bathroom boasting a fully tiled shower area over a bathtub. A master suite is graced with roomy walk-robes and a private study, ideal for students or working from home. Comprehensive features include secure car parking, a handy storage cage, laundry capacity with a wall-mounted dryer, split-system heating and cooling, double glazing, and flowing curtains. The recently refurbished Summit complex comes complete with video intercom entry, a 24/7 concierge, and resort-inspired use of an indoor heated pool and a fully equipped gym. Outgoings: Council Rates: $351.50 per quarter approx. Water Rates: $176.08 per quarter approx. Owners Corporation Fees: $1,509.75 per quarter approx. Potential Rental Income: $700 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.