414/338 Kings Way, South Melbourne, Vic 3205

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414/338 Kings Way, South Melbourne, Vic 3205-Image

414/338 Kings Way, South Melbourne, Vic 3205

Private Sale: $470,000 - $517,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, July 06, 2026 ( See property details for 414/338 Kings Way, South Melbourne, Vic 3205)

Private Sale: $470,000 - $517,000

View the agent price guide.

Nancy Yang - Real Estate Agent - Cayzer Real Estate - Albert Park

Nancy Yang Director

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Nathan Roberts - Real Estate Agent - Cayzer Real Estate - Albert Park

Nathan Roberts Sales Consultant

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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.

Contemporary two-bedroom apartment in South Melbourne offering a spacious open-plan layout, expansive outdoor terrace, and prime inner-city location with secure parking and modern amenities.

🏡 Property Highlights

Expansive terrace offering indoor/outdoor living space
Secure basement parking with storage cage
Light-filled open plan living and dining area
Prime location near South Melbourne Market and Albert Park Lake
Modern kitchen with stone finishes and stainless steel appliances
Well-maintained complex with lift access

✨ Key Features

Outdoor Area
Built-in Robes
Security Screens / Gates
Open-Plan Living
Home Office / Study Nook
Split System Heating and Cooling
Secure Parking
Internal Laundry
Elevated Floor Level
NBN / High-Speed Ready

Suburb and Property Insights of South Melbourne, VIC 3205

South Melbourne is a vibrant inner-city suburb renowned for its lively cafes, diverse dining options, and proximity to iconic parks like Albert Park Lake. It offers excellent public transport links, easy access to the CBD, and a thriving community atmosphere. The area combines urban convenience with relaxed living, making it ideal for professionals and investors alike. Local amenities include South Melbourne Market, Royal Botanic Gardens, and Crown Entertainment Complex, providing a dynamic lifestyle hub. The suburb’s well-maintained streets and strong sense of community make it a highly desirable place to live and invest.

Frequently Asked Questions

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

This apartment offers a low-maintenance, modern living space with a large outdoor terrace, close proximity to cafes, parks, and entertainment options, ideal for a vibrant city lifestyle.

Does the apartment have modern appliances and finishes?

Yes, the kitchen is appointed with stone finishes, stainless steel appliances, and ample cabinetry, providing a stylish and functional space.

Is there secure parking available?

Yes, the property includes secure basement parking with a storage cage for added convenience.

What amenities are available within the complex?

The complex features lift access, secure intercom entry, and well-maintained communal areas.

How accessible is the location in terms of transport and amenities?

The property is just moments from public transport options, with easy access to the CBD, M1, and Westgate freeways, and close to cafes, restaurants, and shopping precincts.

What to ask about this property to agent?

Are there any upcoming maintenance or strata fee increases planned for the complex? Have there been any recent repairs or issues with the building's structure or systems? Are there any restrictions or easements affecting the outdoor terrace or common areas? Is the property compliant with all building codes and regulations? Are there any planned developments or construction projects nearby that could impact the property? What are the total ongoing costs, including strata fees, council rates, and utilities? Is there any history of flooding or bushfire risk in this area? Are there any noise or disturbance issues from neighboring properties or nearby roads? What are the rules regarding pets within the complex? Is the property suitable for investment, and what is the rental yield potential?

414/338 Kings Way, South Melbourne, Vic 3205 - More Details

Private Sale: $470,000 - $517,000

Positioned in one of Melbourne’s most vibrant inner city precincts, this contemporary two bedroom residence delivers exceptional comfort, space and convenience. Ideal for professionals, investors or those seeking a low maintenance city fringe base, the apartment combines generous proportions with effortless modern living.

Step inside to discover a light filled open plan living and dining domain designed to maximise natural flow and everyday functionality. The sleek kitchen is appointed with stone finishes, stainless steel appliances and ample cabinetry, creating a stylish and practical space for both casual meals and entertaining alike.

A true highlight of the home is the expansive terrace, an incredibly rare offering for apartment living in South Melbourne. Large enough to accommodate outdoor dining, entertaining and relaxed lounging, this versatile space creates a seamless indoor/outdoor connection and provides the perfect setting for morning coffee, weekend gatherings or your own private urban retreat.

Both bedrooms are generously sized and fitted with built in robes, while the well appointed central bathroom is complemented by the convenience of a separate powder room. Additional features include split system heating and cooling, secure intercom entry, lift access, secure basement parking and a storage cage.

Set within a well maintained complex just moments from Clarendon Street cafes, restaurants and shopping, South Melbourne Market, Albert Park Lake, the Royal Botanic Gardens and Crown Entertainment Complex, the location is second to none. Easy access to CBD, multiple public transport options and the M1 and Westgate freeways only minutes away. This is inner city living with all the lifestyle advantages.

Type: Apartment
Bedrooms: 2
Bathrooms: 1
Parkings: 1

Price guide

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