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Overview
Located on the 19th floor of the prestigious Elm complex, this beautifully renovated apartment offers a sophisticated urban lifestyle with stunning panoramic views. Designed by the acclaimed architect Elenberg Fraser, the residence features two bedrooms, two bathrooms, and tandem parking for two cars, making it an exceptional offering in Southbank.
The open plan living and dining area is complemented by a Caesarstone kitchen equipped with premium appliances including a gas cooktop, Miele pyrolytic oven, and a dish-drawer dishwasher. The kitchen design includes a concealed cavity for the fridge, maintaining a sleek and streamlined appearance. From the balcony, residents can enjoy breathtaking views extending from South Melbourne to Port Phillip Bay and the iconic Melbourne CBD skyline.
Additional comforts include split system heating and cooling, double-glazed windows, full security with intercom entry, and a storage box. The Elm complex provides resort-style amenities such as a heated spa, plunge pool, gym, BBQ facilities, and communal outdoor spaces, enhancing the living experience.
Investors will appreciate the strong rental potential, with an estimated weekly return between $800 and $850. The location is highly convenient, just minutes on foot from Melbourne’s CBD, Flinders Street train station, tram stops, and key attractions including The Shrine of Remembrance, Botanic Gardens, MCG, Rod Laver Arena, Crown Casino, Albert Park Lake, MSAC, South Melbourne Market, and Clarendon Street shopping and dining precincts. Nearby supermarkets include Woolworths and IGA, with easy access to major freeways such as the M1 and Westgate Freeway.
This apartment represents a high-quality inner-city lifestyle opportunity, combining comfort, convenience, and exceptional views in one of Melbourne’s most sought-after locations.
Local Market Insights
In Southbank, Quiet Listings observed 108 new apartments entering the market over the last 30 days, up from 59 during the previous 30-day period, with an average advertised asking price of $788,964. The property type mix of listed properties is predominantly Apartments at 98%, followed by units (1%), and home for sales (1%). Ray White was the most active agency in this area, representing 44.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $650,000 - $699,000 | |
| $635,000 - $690,000 | |
| $660,000 - $699,000 |
Location
Southbank VIC 3006
Market Insights for Southbank VIC 3006
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
