For Sale

1205/33 City Road, Southbank, Vic 3006

$380,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Friday, October 02, 2026 ( See property details for 1205/33 City Road, Southbank, Vic 3006)

$380,000

View the agent price guide.

Nick Walters Senior Property Advisor

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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, fully furnished one-bedroom apartment in Melbourne's vibrant Southbank with premium amenities and excellent investment potential.

🏡 Property Highlights

Impressive Level Twelve apartment with northerly aspect and Yarra River views
Fully furnished with modern amenities including dishwasher and built-in robes
Resort-style facilities: heated pool, sauna, spa, gym, sun deck, restaurant and bar
Prime location in Melbourne's Arts precinct, close to Crown Entertainment and CBD
Currently leased to the Mantra Group until January 2027 with flexible owner use options
Strong gross rental return of 6.6% with established tenancy

✨ Key Features

Built-in Robes
Dishwasher
Open-Plan Living
Security Screens / Gates
Gym
Indoor Laundry
Balcony
Waterfront / Views
Pet-Friendly
Fully fenced

Suburb and Property Insights of Southbank, VIC 3006

Southbank is Melbourne's vibrant arts and entertainment hub, offering stunning river views, world-class dining, cultural attractions, and easy access to the CBD. Its walkable streets and premium amenities make it ideal for both lifestyle and investment. The area boasts excellent public transport links and a lively atmosphere, perfect for those seeking a dynamic city living experience.

Frequently Asked Questions

What are the main lifestyle benefits of living in this Southbank apartment?

This apartment offers stunning river and city views, access to resort-style facilities like a pool and gym, and is located in Melbourne's vibrant arts precinct, providing a lively and convenient lifestyle.

Is the apartment suitable for owner occupation or investment?

The property is ideal for both; it is currently leased until 2027 providing a steady income, with a 14-day owner use option, making it flexible for owner occupation in the future.

What amenities are available within the complex?

Residents have access to a heated pool, sauna, spa, gymnasium, sun deck, restaurant, and bar, offering a resort-style living experience.

What is the size and layout of the apartment?

The apartment measures 52 square meters, featuring a generous bedroom with built-in robes, an open-plan living area, and a fully equipped kitchen.

Are there any ongoing costs associated with the property?

Yes, annual owners corporation fees are approximately $6,026, including admin and maintenance funds, along with council and water rates.

What to ask about this property to agent?

Are there any upcoming or planned developments in the vicinity that could affect the views or noise levels? What are the specific terms of the lease with the Mantra Group, and are there any restrictions on owner use? Are there any special assessments or upcoming maintenance works planned for the owners corporation? Is the property compliant with all building and safety regulations, including fire safety standards? Are there any zoning restrictions or easements that could impact future modifications or use of the property? What are the potential costs if the lease is not renewed or if the property is vacated earlier than expected? Is there any history of flooding or bushfire risk in the area that could affect the property? Are there any strata or body corporate fees not disclosed that could impact ownership costs? What is the condition of the building's structure and common areas, and are there recent inspections or reports available? Are there any restrictions on pets or other lifestyle considerations for residents?

1205/33 City Road, Southbank, Vic 3006 - More Details

$380,000

This impressive apartment is situated on Level Twelve offering a preferred northerly aspect with views toward the Yarra River and Melbourne's CBD. This is a one-bedroom apartment measuring 52 square meters. The fully furnished apartment offers a generous bedroom with built in robes, lounge, fully equipped kitchen with dishwasher, four hotplates, oven, and loads of storage. In addition, a fully appointed bathroom with shower over bath, laundry facilities and secure entry.

The property offers a heated pool, sauna, spa, gymnasium, sun deck, restaurant and bar, good security, and is in a prime location in heart of the Melbourne's Arts precinct, Crown Entertainment complex and the CBD just a short walk over the Yarra River.

The apartment is currently leased to the Mantra Group until January 2027, with a lease termination option for owners by simply providing 90 day's notice to vacate to Mantra. This lease also offers a 14 day Owner's Use clause.

A perfect set and forget investment or primed for your own owner occupation.

IMPORTANT INFORMATION:

Internal Size: 52 sqm

Annual Gross Rent: $25,179 (FY 25-26)

Return: 6.6% Gross

Approximate Outgoings:

Owners Corp Admin Fees:$4,511 pa
O C Maintenance Fund:$1,515 pa
Council Rates:$1,561 pa
Water Rates:$751 pa

Lease: Until January 2027

Options: NIL

Owners Use : 14 Days per year.

Lease Termination : 90 Days Notice.

Inspection is by private appointment.

For further details please contact:

Nick Walters of Kingsford Property - 0438 557 885
[email protected]

Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Type: Apartment
Bedrooms: 1
Bathrooms: 1
Parkings: 1
House Size: 52 m²

Price guide

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