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2603/1 Balston Street,
Southbank 3006, Victoria

1 bedroom
1 bathroom
2,369m² land size
Apartment

$390,000

Property Price Statement

Property details

Investor Return of 8%

- 26th floor apartment with sweeping views across the city and bay.
- $650 per week rental return
- Investor only - 12 month lease currently in place
- Spacious open-plan living and dining zone with floor to ceiling windows.
- Sleek kitchen with stone surfaces and quality Miele appliances.
- Large bedroom with mirrored built in robes.
- Modern bathroom with stone finished vanity.
- Secure intercom entry and a European laundry for everyday convenience.
- Ducted heating and cooling plus double glazing for year-round comfort.
- Premium Southbank Central facilities including concierge, pool, gym and BBQ terrace.

Enjoy a refined Southbank lifestyle in this immaculate one-bedroom apartment, where natural light, elevated views and a superb building address come together in one impressive package. Positioned high on the 26th floor of Southbank Central, this residence offers a calm and comfortable retreat above the city, with a layout designed for effortless everyday living.

The open plan living and dining area is framed by floor to ceiling glass, creating a bright and inviting space that connects beautifully with the outlook beyond. A well-appointed kitchen sits at the heart of the home, finished with stone surfaces, quality Miele appliances, an integrated dishwasher and microwave, while the generous bedroom includes mirrored built-in robes and city views.

The bathroom is modern and stylish, with a stone finished vanity and contemporary fittings, while a European laundry, ducted heating and cooling and double glazing add further practicality and comfort. Residents of Southbank Central also enjoy premium facilities including a 24-hour concierge, indoor pool, fully fitted gym and BBQ terrace, all within easy reach of Melbourne Square, South Melbourne Market, Crown, the Arts Precinct and the Yarra.

This is a standout opportunity for buyers seeking a secure, low maintenance home or a strong addition to an investment portfolio in one of Melbourne's most connected inner-city locations.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

  • South Melbourne Primary School Primary Prep-6 Government 0.83km
  • Galilee Regional Catholic Primary School Primary Prep-6 Catholic 1.4km
  • Eltham College - Lonsdale Street Campus Combined Independent 1.4km
  • Melbourne Grammar School - Wadhurst Campus Combined Independent 1.4km
  • Melbourne Grammar School Combined Prep-12 Independent 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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