914/31 City Road, Southbank, Vic 3006

$230,000 - $250,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Saturday, June 20, 2026 ( See property details for 914/31 City Road, Southbank, Vic 3006)

$230,000 - $250,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance one-bedroom apartment in Melbourne's vibrant Southbank, offering exceptional rental returns and premium amenities.

🏡 Property Highlights

  • Outstanding rental yield of approximately 9-10% per annum
  • Prime location within the sought-after Mantra Southbank precinct
  • Modern, light-filled open-plan living and dining area
  • Access to premium building facilities including a pool, gym, and sauna
  • Close proximity to Crown Entertainment Complex and Melbourne Arts Precinct
  • High demand area with strong long-term growth potential

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Indoor Pool
  • Gym
  • Sauna

Southbank is Melbourne’s premier cultural and entertainment hub, renowned for its vibrant arts scene, world-class dining, and stunning river views. The area offers excellent walkability, proximity to major transport links, and a dynamic lifestyle appeal. Its close proximity to the CBD and major attractions makes it highly desirable for residents and tenants alike. Southbank’s ongoing development ensures sustained growth and investment potential. The neighbourhood combines urban convenience with a lively, cosmopolitan atmosphere.

What are the key features of this apartment?
This apartment features a modern open-plan living and dining area, a sleek stone kitchen with stainless steel appliances, a generous bedroom with built-in robes, a bright central bathroom with Euro laundry, ducted heating and cooling, and secure intercom entry.
What amenities are available within the building?
Residents have access to a pool, gym, and sauna, providing a lifestyle of comfort and convenience.
Is the property suitable for investment purposes?
Yes, the property offers an estimated rental return of approximately $500 per week, with strong demand and long-term growth potential in a highly sought-after location.
How close is the property to major attractions and transport?
The apartment is just moments from Crown Entertainment Complex, Melbourne Arts Precinct, Flinders Street Station, the CBD, and the Royal Botanic Gardens Victoria, ensuring excellent connectivity and lifestyle appeal.
Are there any upcoming strata or body corporate fees and what do they cover? Have there been any recent repairs or renovations to the building that could incur additional costs? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property? What are the long-term maintenance costs associated with the building's amenities? Are there any restrictions on short-term rentals or Airbnb usage? Has the property been inspected for structural issues or pests? Are there any outstanding compliance or safety certificates required for the building? What are the rules and regulations of the building’s strata or body corporate?

914/31 City Road, Southbank, Vic 3006 - More Details

$230,000 - $250,000

Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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