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304/69-71 Stead Street, South Melbourne, Vic 3205

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Apartment

Type

Bedrooms

Bathrooms

Parkings

Last updated on Saturday, September 05, 2026 ( See property details for 304/69-71 Stead Street, South Melbourne, Vic 3205)

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Jamie Weir Director

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Jake Homutowsky Sales Agent

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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 stylish one-bedroom apartment in a sought-after South Melbourne location offering modern living, outdoor space, and excellent investment prospects.

🏡 Property Highlights

Prime city-edge location with high rental demand
Light-filled open-plan living and dining area
Spacious balcony with leafy views towards Albert Park
Modern kitchen with stainless-steel appliances and gas cooking
Secure building with intercom, lift access, and undercover parking
Excellent investment potential with 6%+ yield

✨ Key Features

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

Suburb and Property Insights of South Melbourne, VIC 3205

South Melbourne is a vibrant, highly sought-after suburb renowned for its lively café culture, proximity to Albert Park Lake and golf course, excellent public transport links, and a diverse range of shopping and recreational options. Its central location offers easy access to the CBD, arts precinct, and bayside beaches, making it ideal for active professionals and investors alike.

Frequently Asked Questions

What are the key features of this apartment?

This apartment offers a spacious bedroom with mirrored built-in robes, a modern kitchen with stainless-steel appliances, an open-plan living and dining area, a large balcony with leafy views, secure entry with intercom, lift access, and undercover parking.

Is the apartment suitable for investment purposes?

Yes, the property has excellent rental appeal with a high yield of over 6%, making it an attractive option for investors seeking strong returns in a high-demand location.

What amenities are nearby?

The apartment is conveniently located near Albert Park Lake, walking trails, golf course, MSAC, St Kilda Road trams, cafés, shops, South Melbourne Market, and the Royal Botanic Gardens, with easy access to the CBD and bayside beaches.

Does the property include parking and security features?

Yes, it includes an undercover car space, secure entry, intercom, and lift access for added convenience and security.

What climate control features does the apartment have?

The apartment is equipped with reverse cycle heating and cooling, ensuring comfort throughout the year.

What to ask about this property to agent?

Are there any upcoming strata or body corporate fees, and what do they cover? Have there been any recent repairs or renovations to the building or apartment? Are there any restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property’s value or living environment? What are the long-term plans for the building’s maintenance and management? Are there any hidden costs associated with the property, such as special levies or upcoming assessments? Has the property been inspected for structural issues or pests? Are there any zoning restrictions or planning controls that could affect future modifications? What are the noise levels like from nearby roads or amenities?

304/69-71 Stead Street, South Melbourne, Vic 3205 - More Details

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Enticing first home or high-yield (6%+) investment in a prized city-edge setting.

· Light-filled open-plan living and dining area extending seamlessly outdoors
· Spacious covered balcony capturing leafy views towards Albert Park
· Sleek kitchen with ample cabinetry, bench space, gas cooking, stainless-steel oven and dishwasher
· Generous bedroom featuring mirrored built-in robes
· Ensuite bathroom incorporating a European laundry
· Reverse cycle heating and cooling for year-round comfort
· Undercover car space
· Secure entry, intercom and lift access within ‘The Edge’
· Excellent rental appeal in a high-demand lifestyle location

With Albert Park Lake’s parkland, walking trails and golf course virtually across the road, an active outdoor lifestyle is right at your doorstep. Walk to MSAC, ANZAC Station, St Kilda Road trams, Clarendon Street’s cafés and shops, South Melbourne Market and the Royal Botanic Gardens, with the CBD, Arts Precinct and bayside beaches also within easy reach.

– At Shape, we blend experience, creativity, and care. Our local team provides award-winning service that is supported by best-in-class technology. Our expertise spans residential property management and sales, commercial and project marketing. For a better idea of your property’s value, please contact us for an appraisal.

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

Price guide

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Map & nearby places — 304/69-71 Stead Street, South Melbourne, Vic 3205

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304/69-71 Stead Street, South Melbourne, Vic 3205

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