For Sale

2704/1 Balston Street, Southbank, Vic 3006

$390,000 - $420,000

Apartment

Type

Bedrooms

Bathrooms

Published on Wednesday, September 16, 2026 ( See property details for 2704/1 Balston Street, Southbank, Vic 3006)

$390,000 - $420,000

View the agent price guide.

Adam Jordan Property Manager

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Anika Stam Sales Associate

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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.

Stylish 1-bedroom apartment on the 27th floor offering spectacular water and city views in the heart of Southbank with premium amenities and high energy efficiency.

🏡 Property Highlights

Breathtaking bay and lake views from a private balcony
Located on the 27th floor of Southbank Central with premium amenities
Open-plan living with high-end Miele appliances and stone finishes
Impressive 6.5-star energy efficiency rating for lower power bills
Resort-style facilities including indoor pool, gym, and BBQ terraces
Prime central Southbank location close to Crown, South Melbourne Market, and city trams

✨ Key Features

Balcony
Built-in Robes
Dishwasher
Open-Plan Living
Waterfront / Views
Indoor Pool
Gym
Security Screens / Gates
Intercom
High energy efficiency

Suburb and Property Insights of Southbank, VIC 3006

Southbank is a vibrant riverside precinct renowned for its cultural attractions, world-class dining, and entertainment options. It offers exceptional walkability to Melbourne’s arts precinct, shopping, and public transport. The area boasts stunning water views, modern high-rise living, and easy access to the CBD. Residents enjoy a lively lifestyle with a mix of leisure, arts, and dining experiences. Southbank’s central location makes it ideal for both professionals and investors seeking convenience and lifestyle amenities.

Frequently Asked Questions

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

Residents enjoy stunning water and city views, access to resort-style amenities like an indoor pool and gym, and a central location close to entertainment, dining, and public transport options.

Does the apartment have modern appliances and finishes?

Yes, the apartment features high-end Miele appliances, a stone-finished kitchen, and floor-to-ceiling glass for a contemporary, stylish living space.

Is the property suitable for investment purposes?

Absolutely, the property is currently rented on a month-to-month basis for $580 per week, making it an attractive investment with high rental demand in a prime location.

What amenities are available within Southbank Central?

Residents have access to a 25m indoor pool, a fully equipped gym, shared lounge/dining areas, BBQ terraces, 24-hour concierge, and high-speed lifts.

What to ask about this property to agent?

Are there any upcoming strata or owners corporation fee increases planned? What are the specific zoning and easement details affecting the property? Are there any planned developments or construction projects nearby that could impact views or noise levels? Has the property been inspected for any structural defects or water ingress issues? Are there any restrictions or covenants associated with the building or complex? What are the long-term maintenance costs for the building and shared facilities? Is the property compliant with all local building codes and regulations? Are there any known environmental risks such as flood zones or bushfire-prone areas in the vicinity? What are the terms of the current tenancy agreement, and are there any restrictions on future leasing? Is there any history of pest issues or other property defects that should be disclosed?

2704/1 Balston Street, Southbank, Vic 3006 - More Details

$390,000 - $420,000

Investors Please Note: The property is currently rented on a month to month tenancy returning $580 per week.

Set high above the sparkling waterline, this stunning 1-bedroom apartment highlights breathtaking bay and lake views from a private balcony. A perfect match for first home owners and astute investors, the central neighbourhood on your doorstep features next-level convenience. Simply stroll to Crown, iconic South Melbourne Market, arts precinct vibrancy, Melbourne Square Woolworths, Boyd Community Hub, city-bound trams, and the riverside restaurants lining Southbank Promenade.

Spacious open-plan living and dining pivots a stone-finished kitchen graced with a high-performing Fisher and Paykel dish-drawer and premium Miele appliances including an integrated microwave and a 4-burner gas cooktop. Perched on the 27th floor of prestigious Southbank Central, floor-to-ceiling glass slides open to a sheltered balcony showcasing a spectacular outlook extending across the skyline towards the beautiful blue waters of Albert Park Lake and Port Phillip Bay. The generously sized bedroom shares this sweeping panorama, serviced by mirrored built-in robes and a fully tiled bathroom with a stone-topped vanity.

Saving on power bills with an impressive 6.5 star energy-efficiency rating, take advantage of a Euro laundry with a washing machine and dryer, ducted heating and cooling, double glazing, recessed down-lighting, slimline Venetian blinds, and extra roller blinds in the bedroom. Southbank Central comes with intercom entry, high-speed lifts, a 24-hour concierge and access to a 25m indoor pool, a well-equipped gym, shared lounge/dining, and two BBQ terraces. Register your interest today!

Outgoings:
Council Rates: $1,082.61 per annum
Water Rates: $740.00 per annum
Owners Corporation Fees: $3,754.45 per annum

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Type: Apartment
Bedrooms: 1
Bathrooms: 1

Price guide

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2704/1 Balston Street, Southbank, Vic 3006

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