40/173 City Road, Southbank, Vic 3006

Private Sale: $900,000 - $990,000

Apartment
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Published on Wednesday, September 30, 2026 ( See property details for 40/173 City Road, Southbank, Vic 3006)

Private Sale: $900,000 - $990,000

Scott Kim Director & Officer in Effective Control (OIEC)
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, sunlit apartment in Southbank offering a rare oversized private garden terrace and versatile living spaces in a prime inner-city location.

🏡 Property Highlights

  • Oversized private garden terrace of approximately 170m², rare in apartment living.
  • Flexible 3.5-bedroom layout including a versatile study or guest room.
  • Excellent natural light throughout the spacious open-plan living and dining areas.
  • Two secure car spaces conveniently located on the same floor level.
  • Private garden shed for additional storage on the terrace.
  • Exceptional privacy with established greenery creating a peaceful outdoor sanctuary.

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Water tank
  • Garden / courtyard
  • Fly Screens
  • Pet-Friendly
  • Balcony
  • Ensuite

Southbank is Melbourne’s vibrant cultural and entertainment hub, offering residents easy access to world-class dining, arts, and leisure. The area boasts stunning riverfront views, extensive parklands, and excellent public transport links, making it ideal for those seeking a dynamic urban lifestyle. Surrounded by iconic attractions like the Crown Casino, Arts Centre Melbourne, and the National Gallery, Southbank combines convenience with sophistication. Its central location ensures effortless connectivity to Melbourne’s CBD and major transport hubs, perfect for professionals and families alike.

What are the main lifestyle benefits of this apartment?
This apartment offers a luxurious inner-city lifestyle with a large private outdoor space, natural light, and proximity to Melbourne's cultural, dining, and entertainment destinations.
Is the outdoor space suitable for entertaining?
Yes, the expansive private garden terrace provides multiple zones for outdoor dining, entertaining, relaxing, and enjoying your own garden sanctuary.
What is the layout and flexibility of the living spaces?
The apartment features an open-plan living and dining area, three generously sized bedrooms, and a versatile half-bedroom or study, offering flexible living options.
Are there secure parking options included?
Yes, the property includes two secure car spaces conveniently positioned on the same floor level.
How much natural light does the apartment receive?
The residence is very well sunlit throughout, with large windows that draw in abundant natural light, creating a bright and open atmosphere.
Are there any upcoming developments or planning activities in the vicinity that could affect privacy or noise levels? What are the strata or body corporate fees and are there any special levies planned? Are there any restrictions or easements on the private garden terrace? Has the property been inspected for any structural issues or defects? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any ongoing or planned maintenance works that could impact living conditions? What are the zoning regulations for the property and are there any restrictions on modifications or extensions? Are there any hidden costs associated with the property, such as council rates or utilities? Is the property compliant with all building codes and regulations, especially regarding the outdoor terrace? What is the history of the property regarding any past damages or repairs?

40/173 City Road, Southbank, Vic 3006 - More Details

Private Sale: $900,000 - $990,000

**ALL ENQUIRIES MUST CONTAIN A CONTACT NUMBER FOR FURTHER INFORMATION**

Please enquire online or call our office (open 7 days) on (03) 9808 0481 for a PRIVATE VIEWING of this stunning home.

Positioned on City Road in the heart of Southbank, this exceptional 3.5-bedroom apartment delivers a rare combination of space, privacy and sophisticated inner-city living, further enhanced by an extraordinary oversized private garden terrace of approximately 170m² on title. Very well sunlit throughout, the residence showcases expansive proportions and an intelligently designed floorplan that creates a seamless connection between the generous living and dining zones, spacious bedrooms and remarkable outdoor setting. At the heart of the home, the expansive open-plan living and dining domain provides an inviting space for everyday living and entertaining, with large windows drawing in abundant natural light and creating a bright, open atmosphere. The living areas flow effortlessly towards the enormous private L-shaped garden terrace, creating an exceptional indoor-outdoor environment rarely found within an apartment. Offering direct private access, the terrace provides multiple zones for outdoor dining, entertaining, relaxing and enjoying your own garden sanctuary, while established greenery and generous paved areas enhance its sense of space and privacy. Accommodation comprises three generously sized bedrooms plus a versatile half-bedroom/study, providing excellent flexibility for families, professionals, guests or those working from home. Two secure car spaces positioned on the same floor level add significant convenience, while a private garden shed on the terrace provides valuable additional storage. The unique combination of expansive interiors, exceptional natural light, flexible accommodation and an enormous private outdoor setting creates a residence that genuinely transcends conventional apartment living.

Further highlights include:
* Rare 3.5-bedroom apartment with an exceptionally versatile floorplan.
* Approximately 170m² oversized private L-shaped garden terrace.
* Direct private access from the residence to the expansive terrace.
* Very well sunlit throughout with an abundance of natural light.
* Expansive open-plan living and dining area with excellent proportions.
* Three generously sized bedrooms providing comfortable accommodation.
* Versatile half-bedroom / study ideal for working from home, guests or additional accommodation.
* Two secure car spaces conveniently positioned on the same floor level.
* Private garden shed located directly on the terrace for additional storage.
* Multiple outdoor entertaining and relaxation zones across the expansive terrace.
* Established greenery creating a private and peaceful outdoor sanctuary.
* Exceptional privacy with a unique garden setting in the heart of Southbank.
* Prestigious City Road address surrounded by Melbourne's most celebrated lifestyle destinations.

Perfectly positioned for lifestyle and convenience, the residence is moments from the Yarra River promenade, Crown Entertainment Complex, Southbank's renowned restaurants and cafés, Melbourne Convention and Exhibition Centre and the CBD. Flinders Street Station, Southern Cross Station and extensive tram services provide effortless access across Melbourne, while Federation Square, Arts Centre Melbourne, the National Gallery of Victoria and Royal Botanic Gardens are all within easy reach. With world-class dining, shopping, entertainment, employment and cultural destinations surrounding the property, this is an exceptional opportunity to secure a substantial garden residence in one of Melbourne's most connected inner-city locations.

Don’t miss this incredible opportunity—enquire today!

Contact Josh Hanvey and Scott Kim today on (03) 9808 0481 for more information and secure this home today!

** Sale Method: Private Negotiation
** Settlement: 30/60/90 Days Preferred
** Inspection: By Appointment Only

Type
Apartment
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

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