123/173 City Road, Southbank, Vic 3006

$630,000 - $670,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 123/173 City Road, Southbank, Vic 3006)

$630,000 - $670,000

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

This stylish 2-bedroom, 2-bathroom apartment in Melbourne Tower offers luxurious living with stunning skyline views and resort-style amenities in the heart of Southbank.

🏡 Property Highlights

  • Stunning 12th floor apartment with panoramic skyline views
  • Prime Southbank location within walking distance to CBD and amenities
  • Resort-style complex featuring heated pool, tennis court, and gym
  • Spacious open-plan living with floorboards and character-rich design
  • Two generously sized bedrooms with mirrored built-in robes
  • Secure parking with additional storage cage and intercom security

✨ Key Features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Swimming Pool
  • Garage / Secure Parking
  • Waterfront / Views
  • Heating (Ducted/Split)
  • Fly Screens

Southbank is Melbourne’s vibrant arts and entertainment precinct, renowned for its stunning riverfront views, cultural venues, and lively dining scene. The area offers excellent walkability, proximity to the CBD, and a range of lifestyle amenities. Its high demand makes it ideal for both investors and first home buyers seeking a dynamic urban lifestyle.

What are the main lifestyle benefits of living in this Southbank apartment?
Residents enjoy stunning skyline views, easy access to the CBD, riverside dining, cultural venues, and resort-style amenities such as a heated pool, gym, and tennis court, all within a vibrant urban setting.
Does the apartment have modern features and appliances?
Yes, the apartment features a granite-topped kitchen with a full-sized dishwasher, ducted heating and cooling, motorised blinds, and character-rich floorboards, providing a contemporary and comfortable living environment.
Is the property suitable for first home buyers and investors?
Absolutely, the well-designed layout, high demand location, and potential rental income of approximately $742 per week make it ideal for both first home buyers and investors.
Are there any upcoming strata or owners corporation fee increases planned? Is there any history of flooding or bushfire risk in the area? Are there any restrictions or easements affecting the property? What are the long-term plans for the Melbourne Tower complex? Are there any planned developments or construction nearby that could impact the property? Has the property been recently renovated or inspected for structural issues? Are there any hidden costs associated with the owners corporation fees? Is the property compliant with all building and safety regulations? Are there any noise or disturbance issues from nearby amenities or construction? What are the zoning regulations and potential for future development in the area?

123/173 City Road, Southbank, Vic 3006 - More Details

$630,000 - $670,000

A wide-reaching celebration of free-flowing space, this captivating 2 bedroom, 2 bathroom apartment offers sunlit Southbank living at its most engaging. Head downstairs from your 12th floor retreat and stroll to the CBD, riverside restaurants, Crown, Melbourne Square Woolworths, Boyd Community Hub, Mr Summit Cafe, South Melbourne Primary School, and all the vitality of the arts precinct. First home buyers will appreciate the convenience, while savvy investors will pocket the savings in a high-demand neighbourhood.

A well-planned layout totalling an impressive 91sqm (approx.) reveals spacious open-plan living and dining underscored by a granite-topped kitchen with a breakfast bar, 4-burner gas cooktop, and a full-sized dishwasher. Floor-to-ceiling glass slides open to a sheltered balcony capturing a soaring skyline backdrop extending across the neighbourhood. Both generously scaled bedrooms feature mirrored built-in robes, serviced by fully tiled bathrooms with marble detailing, while the primary one boasts a bathtub.

Comprehensive features include secure car parking, an over-the-bonnet storage cage, Euro laundry with a washing machine and dryer, ducted heating and cooling, motorised blinds in the living room and master suite, roller blinds, recessed down-lighting, and character-rich floorboards underfoot. The Melbourne Tower complex is graced with intercom security, a 24-hour concierge, and resort-inspired use of a heated pool, tennis court, BBQ terrace, and a well-equipped gym. Inspect with certainty!

Outgoings:
Council Rates: $419.00 per quarter approx.
Water Rates: $176.00 per quarter approx.
Owners Corporation Fees: $1,343.00 per quarter approx.

Potential Rental Income: $742 per week approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1
House Size
87.4 m²

Price guide

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