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1108/9 Power Street, Southbank, Vic 3006

$580,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Last updated on Saturday, September 05, 2026 ( See property details for 1108/9 Power Street, Southbank, Vic 3006)

$580,000

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Precy Peet Sales Executive

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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.

A modern, versatile apartment in Southbank's Prima Tower offering premium amenities and strong rental potential for investors.

🏡 Property Highlights

Versatile floorplan with a second room suitable as a study or guest room
Prime Southbank location close to Crown Melbourne and the CBD
Resort-style amenities including indoor heated pool and private cinema
Strong rental appeal targeting young professionals
Modern, move-in ready apartment with premium finishes
High tenant demand in a prestigious tower

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area / Balcony
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Ceiling Fans
Heating (Ducted/Split)
Home Office / Study Nook

Suburb and Property Insights of Southbank, VIC 3006

Southbank is a vibrant riverside suburb renowned for its cultural scene, dining, and entertainment options. It offers excellent public transport links, proximity to Melbourne’s CBD, and a lively urban lifestyle. The area features iconic attractions like Crown Melbourne and the Southbank Promenade, making it highly desirable for residents and investors alike. With a mix of luxury apartments and vibrant city living, Southbank continues to attract young professionals and long-term tenants. Its walkability and access to amenities make it one of Melbourne’s most sought-after locations.

Frequently Asked Questions

What are the key features of this apartment that appeal to tenants?

The apartment offers a versatile floorplan, modern finishes, a private balcony, and access to resort-style amenities such as a heated pool, gym, sauna, and private cinema, making it highly attractive to tenants.

Is the apartment suitable for short-term or long-term leasing?

The apartment is ideal for both long-term tenants and short-term leases, offering flexibility for investors seeking immediate rental income or capital growth.

What amenities are available within the building?

Residents enjoy a 25-metre indoor heated pool, fully equipped gym, sauna, steam room, private cinema, virtual golf room, residents' lounge, BBQ terrace, and 24-hour concierge service.

How does the location benefit tenants and investors?

Located steps from Crown Melbourne, Southbank Promenade, restaurants, and public transport, the location offers excellent walkability, lifestyle convenience, and strong rental demand.

What to ask about this property to agent?

Are there any upcoming building maintenance or renovation plans that could incur additional costs? What are the strata or body corporate fees, and what do they cover? Are there any restrictions on short-term rentals or Airbnb in this building? Has the property been inspected for any structural or pest issues? Are there any planned developments or zoning changes in the vicinity that could affect the property’s value? What are the total annual costs including council rates, strata fees, and utilities? Is the building compliant with all safety and fire regulations? Are there any easements or encumbrances affecting the property? What is the history of the property regarding repairs or insurance claims? Are there any noise or construction activities planned nearby that could impact living or rental income?

1108/9 Power Street, Southbank, Vic 3006 - More Details

$580,000

This well-positioned apartment presents an outstanding opportunity for investors seeking strong rental appeal in the heart of Southbank. Featuring a smart and functional floorplan with newly installed carpet, the second room can be utilized as a study or guest room catering perfectly to tenants looking for work-from-home flexibility.

Step inside to discover a light-filled open-plan living and dining area framed by floor-to-ceiling double-glazed windows, allowing natural light. The sleek designer kitchen boasts stone benchtops, quality cabinetry, and premium appliances, combining style with functionality. The contemporary bathroom and well-proportioned bedroom with built-in robes complete this turnkey apartment. A private balcony extends the living space, offering a peaceful retreat above the vibrant city.

Residents enjoy resort-style amenities, including a 25-metre indoor heated pool, fully equipped gym, sauna, steam room, private cinema, virtual golf room, residents' lounge, BBQ terrace, and 24-hour concierge.

Key Investment Highlights
• Versatile Floorplan: Second bedroom can serve as a study, guest room, or second bedroom.
• Strong Rental Appeal: Located in the highly sought-after Prima Tower, attracting young professionals.
• Prime Southbank Location: Steps from Crown Melbourne, Southbank Promenade, restaurants, public transport, and the CBD.
• Resort-Style Amenities: Indoor pool, gym, sauna, private cinema, lounge, BBQ terrace, and concierge.
• Ready for Investors: Modern, move-in ready apartment ideal for immediate leasing or long-term capital growth.
• Lifestyle & Convenience: Combines city living with premium comfort, appealing to a broad tenant market.

This apartment is perfectly suited for investors seeking a low-maintenance property with high tenant demand, be it long term or short term leases providing both lifestyle and long-term growth potential in one of Southbank's most prestigious towers.

Type: Apartment
Bedrooms: 2
Bathrooms: 1
Parkings: 1
House Size: 66 m²

Price guide

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1108/9 Power Street, Southbank, Vic 3006

$580,000

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