Sold
914/31 City Road,
Southbank 3006, Victoria
$241,000
Property Price StatementProperty details
-
Agents
Spacious 1-Bed Gem (51m²) | High-Yield Investment With Great Lifestyle
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 Zek today to arrange a private inspection-opportunities like this are rarely available.
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
- Victorian College Of The Arts Secondary School Secondary 7-12 Government 0.76km
- University High School-Londsdale Street Campus Secondary Government 1.1km
- Eltham College - Lonsdale Street Campus Combined Independent 1.2km
- Stott's Colleges Secondary Independent 1.2km
- Ozford College - Ozford College Campus Secondary Independent 1.2km
- Ozford College Secondary 10-12 Independent 1.2km
- Holmes Grammar School Secondary Independent 1.4km
- Melbourne Grammar School - Wadhurst Campus Combined Independent 1.4km
- South Melbourne Primary School Primary Prep-6 Government 1.4km
- Melbourne Grammar School Combined Prep-12 Independent 1.5km
- MacRobertson Girls High School Secondary 9-12 Government 1.7km
- Haileybury College - City Boys Combined Independent 1.7km
- Haileybury College - City Girls Combined Independent 1.7km
- Youth2Industry College Secondary 11-12 Independent 1.7km
- Melbourne Girls Grammar - Morris Hall Campus Combined Independent 1.9km
- Galilee Regional Catholic Primary School Primary Prep-6 Catholic 1.9km
- SEDA College (Victoria) - Sailing - Albert Park Secondary Independent 2.0km
- South Melbourne Park Primary School Primary Prep-6 Government 2.1km
- Carlton Gardens Primary School Primary Prep-6 Government 2.2km
- Sacred Heart School Primary Prep-6 Catholic 2.4km
- Docklands Primary School Primary Prep-6 Government 2.4km
- Melbourne Girls Grammar Combined Prep-12 Independent 2.5km
- Christ Church Grammar School Primary Prep-6 Independent 2.5km
- Albert Park Primary School Primary Prep-6 Government 2.6km
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.
Photos
Floorplan
Contact Zekria Tawafi
Contact Zekria Tawafi
Zekria Tawafi
914/31 City Road, Southbank VIC 3006
Request a callback
Zekria Tawafi
914/31 City Road, Southbank VIC 3006