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16/88 Park Street, South Melbourne VIC 3205

$595,000

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$595k - $625k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 1 Bath 1 Car

Listed: 14th Aug 2026

Updated: 22 days ago

Overview

This generously sized first-floor apartment at 16/88 Park Street combines space, comfort, and a coveted location in the heart of South Melbourne. Designed to appeal to owner-occupiers, downsizers, and investors, the property balances practical living elements with desirable resort-style amenities.

The apartment features an open-plan living and dining area that encourages fluid day-to-day living and easily accommodates entertaining needs. The kitchen is equipped with stainless steel appliances and a dishwasher, ensuring a smooth culinary experience enhanced by modern styling and functionality.

The two bedrooms offer generous proportions, with mirrored built-in wardrobes ensuring ample storage, while the master bedroom is further enhanced by a spacious walk-in robe for added convenience. A central bathroom, complemented by a separate toilet and a spacious concealed internal laundry, supports the practical demands of modern living.

Extending the living space outdoors, a private balcony provides a serene setting framed by leafy views — an ideal spot for relaxation or enjoying quiet moments.

Security and convenience are paramount, with secure building entry and a designated car space included. Residents benefit from access to premium communal facilities such as a fully equipped gym, BBQ areas, an indoor swimming pool, and a tennis court, elevating the lifestyle opportunities available.

The location enhances the appeal, situated in one of Melbourne’s most dynamic inner-city neighbourhoods known for its vibrant café culture, historic architecture, and the famed South Melbourne Market. This apartment offers a refined urban lifestyle with the added advantage of resort-style comfort and amenities.

Local Market Insights

In South Melbourne, Quiet Listings observed 23 new apartments entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $861,043. The property type mix of listed properties is predominantly Apartments at 57%, followed by houses (33%), and commercial properties (7%). The most active agency for apartments in the South Melbourne area is currently Buxton Real Estate Group, representing 26% of new listings, followed by Marshall White with 22%. 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.