3201/245 City Road, Southbank, Vic 3006

$550,000 - $600,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, August 27, 2026 ( See property details for 3201/245 City Road, Southbank, Vic 3006)

$550,000 - $600,000

Lachie Kelly Sales Consultant I Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish two-bedroom apartment in Palladium Tower offering spectacular city views, modern amenities, and a prime Southbank location.

🏡 Property Highlights

  • Stunning Melbourne skyline views from the private balcony
  • Resort-style resident facilities including indoor pool, gym, and steam room
  • Bright open-plan living and dining with timber flooring
  • Modern stone-finished kitchen with quality appliances and ample storage
  • Two spacious bedrooms with mirrored built-in robes
  • Prime Southbank location close to Crown, Arts Precinct, and CBD

✨ Key Features

  • Indoor pool
  • Gym
  • Steam room
  • Outdoor terrace with BBQ facilities
  • Built-in Robes
  • European laundry
  • Split-system heating and cooling
  • Secure intercom access
  • Timber flooring
  • Balcony

Southbank is Melbourne’s vibrant cultural and entertainment hub, renowned for its stunning riverfront views, world-class arts precinct, and proximity to the CBD. It offers a dynamic lifestyle with easy access to cafes, restaurants, and public transport. The area features a mix of modern apartments and cultural attractions, making it ideal for both residents and investors. Southbank’s walkability and scenic trails along the Yarra River enhance its appeal as a premier inner-city location.

What are the main lifestyle benefits of living in Palladium Tower?
Residents enjoy resort-style amenities including an indoor pool, gym, steam room, and outdoor terrace with BBQ facilities, all within a central Southbank location close to Melbourne's arts, entertainment, and dining precincts.
Is the apartment suitable for both owner-occupiers and investors?
Yes, the property offers low-maintenance living with modern finishes and excellent amenities, making it ideal for owner-occupiers seeking a city base or investors looking for long-term appeal.
What features enhance the comfort of this apartment?
Split-system heating and cooling, secure intercom access, timber flooring, and a modern bathroom with European laundry contribute to a comfortable and convenient living environment.
Are there any outdoor spaces included with the apartment?
Yes, the apartment features a private balcony with expansive city views, perfect for relaxing or entertaining.
What are the nearby amenities and attractions?
The property is close to Crown Casino, Southbank Promenade, the Arts Precinct, South Melbourne Market, and the Melbourne CBD, with easy access to trams, riverside trails, and local shops.
Are there any upcoming building maintenance or renovation works scheduled for Palladium Tower that could affect residents? What are the strata or body corporate fees, and what do they cover? Are there any restrictions or easements affecting the property or building? Has the property been inspected for any structural issues or defects? Is the apartment compliant with all building codes and regulations? Are there any planned developments or zoning changes in the Southbank area that could impact the property? What are the long-term costs associated with the building’s amenities and maintenance? Is there any history of flooding or bushfire risk in the area? Are there any noise or disturbance issues from nearby construction or traffic? What are the rules regarding pets and short-term rentals within the building?

3201/245 City Road, Southbank, Vic 3006 - More Details

$550,000 - $600,000

- Two-bedroom, one-bathroom residence in the landmark Palladium Tower
- Bright open-plan living and dining with timber flooring
- Expansive city views enjoyed from the apartment's private balcony
- Stone-finished kitchen with quality appliances and excellent storage
- Two generous bedrooms with mirrored built-in robes
- Modern central bathroom and European laundry
- Split-system heating and cooling, plus secure intercom access
- Indoor pool, gym, steam room and outdoor terrace with BBQ facilities

Discover a stylish city residence within Palladium Tower, where a striking Melbourne skyline outlook, contemporary finishes and exceptional resident facilities combine to create a compelling Southbank lifestyle.

Filled with natural light, the open-plan living and dining is framed by full-height windows that place the cityscape at centre stage. Timber flooring brings warmth and definition to the space, while the outlook creates a dynamic backdrop from day through to night. The kitchen is both refined and functional, appointed with stone surfaces, quality appliances and ample cabinetry.

The two bedrooms each feature mirrored built-in robes, while the main bedroom captures a stunning outlook across Melbourne's city skyline. A modern central bathroom, European laundry, split-system heating and cooling, and secure intercom entry provide everyday comfort and convenience.

Palladium Tower extends the lifestyle well beyond the apartment. Residents can enjoy a swim in the indoor pool, work out in the gym, unwind in the steam room, or gather with friends on the outdoor terrace with BBQ facilities. Resident entertaining spaces further enhance the building's resort-style amenity offering.

From this central City Road address, Crown, Southbank Promenade, the Arts Precinct, South Melbourne Market and the CBD are all close by, along with trams, riverside trails and everyday convenience at the ground-floor Woolworths Metro. It is an ideal choice for owner-occupiers seeking a low-maintenance city base or investors looking for enduring appeal in one of Southbank's most connected locations.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
63 m²

Inspections times

  • Inspection Sat 29 Aug 12:50 pm

    Saturday 29 August
    12:50 pm - 1:20 pm

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