2113/9 Power Street, Southbank, Vic 3006

With the ability to achieve approx. $450-$500 rental per week (approx.) this luxurious 1 bedroom apartment presents a fantastic opportunity for investors or owner occupiers. Laundry cupboard with room for storage and a fully tiled modern bathroom with double shower. This floor plan is incredibly popular due to its abundance of natural light and the square shape floorplan making it extremely easy to furnish.

With access to resort style facilities and opposite Crown Casino, this is the perfect entry level property into this magnificent building and a great location based right on the fringe of Melbourne's CBD district. Tram stops on your door step taking you to the beach or a day trip out of town, Victoria markets a short tram ride away or simply walk across the bridge into the city. The perfect floor plan, in the best building, in an exceptional location.

Features: Double glazed floor to ceiling windows, ducted heating and cooling as well as stone bench tops and modern kitchen Miele appliances, Secure car space, secure intercom entry, building concierge, access to indoor swimming pool, gym, BBQ Terrace, Sauna, Steam room, Games room and Common Kitchen.

MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $390,000

INDICATIVE SELLING PRICE: $399,000-$438,000

COMPARABLE SALE 1: 2504/180 City Road, Southbank. SOLD $442,500- 14/06/2017- 1 Bed, 1 Bath, 1 Car.
COMPARABLE SALE 2: 166/173 City Road, Southbank. SOLD $410,000- 21/09/2017- 1 Bed, 1 Bath, 1 Car.
COMPARABLE SALE 3: 142/79 Whiteman Street, Southbank. SOLD $420,000- 08/09/2017- 1 bed, 1 Bath, 1 Car.