3401/245 City Road, Southbank, Vic 3006

$470,000 - $510,000

Apartment
Type
2
Bedrooms
1
Bathrooms
63 m²
Area

Published on Wednesday, August 19, 2026 ( See property details for 3401/245 City Road, Southbank, Vic 3006)

$470,000 - $510,000

Joshua Chong Sales Associate to Michael Pastrikos
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This stylish north-facing two-bedroom apartment on the 34th floor of Palladium Tower offers stunning natural light, modern amenities, and premium facilities in the heart of Southbank.

🏡 Property Highlights

  • 34th floor north-facing apartment with expansive floor-to-ceiling windows
  • Open-plan living and dining with timber flooring and high ceilings
  • Contemporary kitchen featuring a stone island bench and high-quality appliances
  • Main bedroom with northern aspect, floor-to-ceiling windows, and built-in robes
  • Secure undercover car space on title (non-stacker)
  • Premium facilities including indoor pool, gym, and steam room

✨ Key Features

  • Swimming Pool
  • Garage
  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Gym
  • Water tank
  • High energy efficiency
  • Floorboards

Southbank is Melbourne’s vibrant inner-city precinct renowned for its cultural attractions, riverside walkways, and lively dining scene. Key points include: proximity to the CBD and arts precinct, access to riverside trails, a thriving market scene, excellent public transport options, and a dynamic lifestyle with premium amenities and entertainment venues.

What are the main lifestyle benefits of living in this apartment?
Residents enjoy stunning city views, natural light, access to premium facilities like the indoor pool and gym, and a central location close to South Melbourne Market, arts precinct, and the CBD.
Does the apartment have modern features and appliances?
Yes, the apartment features a contemporary kitchen with a stone island bench, high-quality appliances, and high ceilings throughout.
Is the apartment suitable for year-round comfort?
Yes, split-system heating and cooling ensure comfort across all seasons.
What is the layout and flow of the living spaces?
The open-plan living and dining area is framed by expansive floor-to-ceiling windows, seamlessly extending to a balcony, creating a spacious and inviting environment.
Are there any additional amenities or facilities included?
Yes, residents have access to an indoor swimming pool, gym, steam room, and entertaining spaces within the building.
Are there any upcoming strata or body corporate fees and what do they cover? Is there any history of flooding or bushfire risk in this area? Are there any planned developments or construction projects nearby that could affect the property? What are the total ongoing costs including council rates, strata fees, and utilities? Are there any restrictions or easements affecting the property or building? Has the property been recently renovated or inspected for structural issues? Are there any noise or disturbance issues from nearby amenities or traffic? Is the building compliant with all current safety and building regulations? Are there any special conditions or covenants attached to the property? What are the parking arrangements and are there any additional costs for parking?

3401/245 City Road, Southbank, Vic 3006 - More Details

$470,000 - $510,000

• 34th floor position with north-facing aspect
• Expansive floor-to-ceiling windows
• Seamless open-plan living and dining
• Timber flooring enhancing the living area
• High ceilings throughout the residence
• Contemporary kitchen with stone island bench
• High-quality appliances and ample storage
• Main bedroom with northern aspect and built-in robes
• Second bedroom with built-in robes
• Secure undercover car space on title (non-stacker)
• Premium facilities including indoor pool, gym and steam room
• Moments to South Melbourne Market and CBD
• Available with vacant possession

Positioned on the 34th floor of the highly regarded Palladium Tower, this north-facing two-bedroom residence offers a level of space, natural light and functionality that is becoming increasingly difficult to find in Southbank. Defined by a practical layout and full-height windows, the apartment has been designed to maximise its desirable northern aspect, creating an inviting home within one of the area's most sought-after residential buildings.

The open-plan living and dining area is framed by expansive floor-to-ceiling windows, making the most of the apartment's north-facing aspect and allowing natural light to filter throughout the day. Timber flooring and high ceilings add warmth and enhances the sense of space, while the adjoining balcony provides a seamless extension of the living area. The contemporary kitchen is centred around a generous stone island bench and features high-quality appliances, ample bench space and excellent storage, offering both practicality and style.

The accommodation consists of two well-proportioned bedrooms, each fitted with built-in robes. The main bedroom enjoys a north-facing aspect and floor-to-ceiling windows, creating a light-filled retreat. A modern central bathroom incorporates a concealed European laundry, while split-system heating and cooling provides year-round comfort. Completing the home is a secure undercover car space on title (not a stacker), a valuable inclusion in this central Southbank location.

Residents enjoy access to premium facilities including an indoor swimming pool, fully equipped gym, steam room and resident entertaining spaces. Positioned within easy walking distance of Metro Woolworths, South Melbourne Market, the Arts Precinct, riverside walking trails and the CBD, this address delivers the convenience and lifestyle that continue to make Southbank one of Melbourne's most desirable inner-city neighbourhoods.
Type
Apartment
Bedrooms
2
Bathrooms
1
Area
63 m²
House Size
63 m²

Price guide

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Inspections times

  • Inspection Sat 22 Aug 10:00 am

    Saturday 22 August
    10:00 am - 10:30 am
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