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1007/39 Park Street, South Melbourne VIC 3205

$615,000 - $645,000

Search Band Search Visibility Band

$600k - $650k High Confidence Calculated based on strong search observations.

Apartment 2 Beds 2 Baths 1 Car

Listed: 48 days ago

Updated: 36 days ago

Overview

This elegantly appointed apartment in the prestigious Park Avenue Tower offers an exceptional city-fringe living experience, perfect for discerning professionals, investors, or downsizers seeking style and convenience in South Melbourne.

The residence is designed to maximize natural light and showcase elevated outlooks through expansive floor-to-ceiling glazing that seamlessly connects an open-plan living and dining area with a north-facing balcony. This thoughtful layout extends living space outdoors and invites ample daylight that enhances the warm timber floorboards, creating an inviting ambiance.

Central to both everyday life and entertaining, the contemporary kitchen boasts stone benchtops, a versatile island, and stainless steel appliances, supported by ample storage and prep zones for culinary ease.

The accommodation features two bedrooms with built-in robes, providing generous storage and privacy.
The main bedroom benefits from its own ensuite, enhancing comfort and practicality.
A built-in study is thoughtfully integrated, responding to the needs of a modern work-from-home lifestyle.

The apartment is completed by a stylish central bathroom equipped with a rain shower, a European laundry, and climate control via reverse-cycle heating and cooling for year-round comfort. Added conveniences include secure parking and a storage cage, with exclusive residents’ access to an indoor pool, cultivating a relaxing and resort-like atmosphere.

Situated within easy walking distance of Clarendon Street's vibrant cafes, restaurants, and the iconic South Melbourne Market, the location is a hub for lifestyle amenities. Nearby cultural precincts and parks, coupled with excellent transport connections including tram routes and Anzac Station, ensure seamless access to Melbourne’s CBD and beyond.

This apartment marries refined design with lifestyle convenience, making it a compelling choice for those prioritizing quality and location in a sought-after South Melbourne community.

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.