For Sale

1105/338 Kings Way, South Melbourne, Vic 3205

$675,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, September 30, 2026 ( See property details for 1105/338 Kings Way, South Melbourne, Vic 3205)

$675,000

View the agent price guide.

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This luxurious sub-penthouse apartment offers spectacular panoramic views, spacious living, and a prime South Melbourne location near iconic parks and vibrant amenities.

🏡 Property Highlights

Panoramic city and bay views from the sub-penthouse terrace
Spacious open-plan living and dining area flooded with natural light
Gourmet kitchen with premium European appliances and waterfall stone benches
Secure basement parking with video entry and fob-activated elevator access
Prime location near Albert Park Lake, Botanic Gardens, and South Melbourne Market
Luxury features including ensuite, large mirrored robes, and reverse cycle air conditioning

✨ Key Features

Balcony
Built-in Robes
Dishwasher
Open-Plan Living
Secure Parking
Air Conditioning
Waterfront / Views
Ensuite
Internal Laundry
Elevator

Suburb and Property Insights of South Melbourne, VIC 3205

South Melbourne is a vibrant and highly sought-after suburb renowned for its picturesque parks, diverse dining options, and excellent transport links. Residents enjoy proximity to Albert Park Lake, the Botanic Gardens, and a lively market scene. The area offers a mix of luxury apartments and historic charm, with easy access to Melbourne’s CBD. Its walkable streets are lined with cafes, wine bars, and boutique shops, making it ideal for a dynamic urban lifestyle.

Frequently Asked Questions

What are the main lifestyle benefits of living in this sub-penthouse?

Residents enjoy breathtaking panoramic views, spacious outdoor entertaining areas, modern luxury finishes, and a prime location close to parks, cafes, and entertainment venues, offering a vibrant and convenient lifestyle.

Does the apartment have modern amenities and appliances?

Yes, the apartment features a sleek gourmet kitchen with premium European appliances, reverse cycle heating and cooling, and secure building access with video entry and elevator.

Is the apartment suitable for entertaining guests?

Absolutely, the open-plan living and dining area seamlessly connects to a large wrap-around terrace, perfect for hosting parties and enjoying the spectacular views.

What are the security features of the property?

The property offers secure basement parking, video entry, a fob-activated elevator, and a building manager, ensuring a safe and private living environment.

How close is the property to local amenities?

The apartment is conveniently located near South Melbourne Market, Albert Park Lake, Botanic Gardens, cafes, wine bars, restaurants, and public transport options including trams and light rail.

What to ask about this property to agent?

Are there any upcoming strata or body corporate fees and what do they cover? Has the property been recently renovated or does it require any repairs? Are there any restrictions or easements affecting the property? What are the building’s compliance and safety standards? Is there any planned development or construction nearby that could impact views or noise levels? Are there any known issues with the building’s structure or systems? What are the long-term maintenance costs for the building? Is the property flood or bushfire risk assessed? Are there any restrictions on pet ownership within the building? What are the parking arrangements and are there any additional costs?

1105/338 Kings Way, South Melbourne, Vic 3205 - More Details

$675,000

Panoramic and peerless on the city’s southern fringe, this extraordinary ‘Silverleaf’ sub-penthouse spills out to a huge wrap-around terrace where the northern sun is glorious and the views sweep spectacularly from the waters of Port Phillip Bay to the towers of the CBD. Fully secure, remarkably private and evoking a genuine sense of sophistication, the apartment offers two bedrooms, two bathrooms and secure basement parking in a dream location nestled between Albert Park Lake, the Botanic Gardens and South Melbourne Market.

Flooded with light and wrapped in some of Melbourne’s most iconic views, the home’s open-plan dining and living is seamlessly connected to an unforgettable party-sized terrace and anchored by a sleek gourmet kitchen where waterfall-edged benches of stone are complemented by premium European appliances. Securely accessed via video entry and a fob-activated elevator, the apartment also offers a Building Manager, secure bike storage, a primary bedroom ensuite, large mirrored robes, a concealed laundry and reverse cycle heating / air conditioning.

Start your days with a lap of the Lake or some time spent along the waterfront, before enjoying a cup of caffeine from any of the almost countless nearby cafes, plus you have a wonderful local pub scene, great wine bars, restaurants and plenty of shopping between home and Clarendon Street, while trams or the light rail can deliver you to the CBD, Southbank, sports and entertainment venues in just a few minutes.

Type: Apartment
Bedrooms: 2
Bathrooms: 2
Parkings: 1

Price guide

View Statement Of Information

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Map & nearby places — 1105/338 Kings Way, South Melbourne, Vic 3205

Explore 1105/338 Kings Way, South Melbourne, Vic 3205 in 3D

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Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with travel time from the front door
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Costs and returns

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Port Phillip Specialist School Zone Government combined school, co-ed

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

Galilee Regional Catholic Primary School Catholic primary school, Prep-6, co-ed
Sacred Heart School Catholic primary school, Prep-6, co-ed
Melbourne High School Government secondary school, 9-12, boys
Academy of Mary Immaculate Catholic secondary school, 7-12, girls
Simonds Catholic College Catholic secondary school, 7-12, boys
Melbourne Girls Grammar - Morris Hall Campus Independent combined school, Prep-12, girls

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1105/338 Kings Way, South Melbourne, Vic 3205

$675,000

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