For Sale

807/33 City Road, Southbank, Vic 3006

$499,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Monday, July 06, 2026 ( See property details for 807/33 City Road, Southbank, Vic 3006)

$499,000

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Nick Walters Senior Property Advisor

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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, fully equipped two-bedroom apartment in Melbourne's vibrant arts precinct, offering resort-style amenities and a lucrative lease until 2027.

🏡 Property Highlights

Prime location in Melbourne's Arts precinct, close to Crown Entertainment and CBD
Impressive level eight apartment with quiet South/Easterly views
Leased to the Mantra Group until January 2027 with flexible owner use options
Resort-style amenities including heated pool, sauna, spa, gym, and sun deck
Secure under cover car park included on title
Open plan kitchen, dining, and lounge area with modern finishes

✨ Key Features

Built-in Robes
Outdoor Area
Garage
Open-Plan Living
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Waterfront / Views
Ceiling Fans
Internal Laundry

Suburb and Property Insights of Southbank, VIC 3006

Southbank offers a vibrant lifestyle with close proximity to Melbourne's arts and entertainment scene, renowned dining options, and scenic Yarra River walks. The area boasts excellent walkability, public transport access, and a dynamic cultural atmosphere, making it ideal for both investors and residents seeking urban convenience and lifestyle. Key points include its central location, diverse amenities, scenic views, and vibrant nightlife.

Frequently Asked Questions

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

This apartment offers a vibrant urban lifestyle with access to resort-style amenities such as a heated pool, sauna, spa, gymnasium, and sun deck, all within Melbourne's lively arts precinct.

Is the apartment suitable for short-term stays or holiday rentals?

Yes, the apartment is primed for short stay accommodation, with a flexible owner use clause allowing 14 days per year, making it ideal for holiday rentals or investment purposes.

What are the key features of the apartment's layout?

The apartment features an open plan kitchen, dining, and lounge area, two spacious bedrooms with built-in robes, and a fully appointed bathroom with laundry facilities.

Are there any additional costs associated with owning this property?

Annual outgoings include Owners Corp admin fees of $6,316, maintenance fund contributions of $2,120, council rates of $1,788, and water rates of $730.

What security features does the property have?

The property benefits from good security measures, including security screens and gates, ensuring safety and peace of mind.

What to ask about this property to agent?

Are there any upcoming planned developments or construction projects in the vicinity that could affect the property’s value or living environment? What are the specific terms and conditions of the lease with the Mantra Group, and are there any fees or penalties for early termination? Are there any restrictions or covenants associated with the property or building that could impact future renovations or usage? Has the property been inspected for any structural issues, pests, or building defects? Are there any special zoning or easements affecting the property that could influence future development or use?

807/33 City Road, Southbank, Vic 3006 - More Details

$499,000

This impressive apartment is situated on level eight offering a quiet South/Easterly position. This two-bedroom property measures 75 square meters internally with views facing Melbourne's Arts Centre Spire and beyond.

The two spacious bedrooms offer built in robes with main bedroom also providing a Juliette balcony. Add to this, a fully equipped open plan kitchen/ dining and lounge area and a fully appointed bathroom with laundry facilities.

To top it off one secure under cover car park is on title.

The property offers a heated pool, sauna, spa, gymnasium, sun deck, restaurant and bar, good security, and is in a prime location in the heart of Melbourne's Arts precinct, Crown Entertainment complex and the CBD just a short walk over the Yarra River.

The apartment is currently leased to the Mantra Group until January 2027, with a lease termination option for owners by simply providing 90 days notice to vacate to Mantra.

This lease also offers a 14 day Owner's Use clause.

A perfect set and forget investment or primed for your own short stay accommodation.

IMPORTANT INFORMATION:

Annual Rent: $44,135 (FY 2025-2026)

Return: 8.8% Gross
(6.6% Nett)

Lease: Until January 2027

Options: Nil

Internal Size: 75 sqm

Owners Use : 14 Days per year.

Lease Termination : 90 Days Notice

Approximate Outgoings:

Owners Corp Admin Fees: $6,316 pa

O C Maintenance Fund: $2,120 pa

Council Rates: $1,788 pa

Water Rates: $730 pa

Inspection is by private appointment.

For further details please contact:
Nick Walters of Kingsford Property - The Apartment Specialists
Mob: 0438 557 885
[email protected]

Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Type: Apartment
Bedrooms: 2
Bathrooms: 1
Parkings: 1
House Size: 75 m²

Price guide

View Statement Of Information

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Interactive Property Floorplan - 807/33 City Road, Southbank, Vic 3006

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