407/38 Bank Street, South Melbourne, Vic 3205

Awash with natural light and offering a pristine and spacious living experience in the coveted Capri complex, this one bedroom Bank Street apartment is an excellent entry level opportunity for anyone wanting to live a relaxed South Melbourne lifestyle. Located not far from the Royal Botanic Gardens, South Melbourne shops including the market, Albert Park Lake, & St Kilda Rd trams.

Accommodation: Perfect for any and all buyers including keen South Melbourne dwellers and astute investors, this south-facing abode enjoys bright and open lounge and dining, sleek kitchen featuring a breakfast counter and stainless steel appliances, balcony with great views including down to Bank Street below, bedroom with mirrored built-in robe, and a well-kept bathroom with a concealed laundry.

Features: Secure car space, reverse cycle heating and cooling, intercom entry, communal Capri facilities including indoor pool, gym, and tennis court

MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $561,000 Jan - Mar 2017

INDICATIVE SELLING PRICE: $429,000

COMPARABLE SALE 1: 1109/28 Bank Street, South Melbourne. SOLD $415,000- 19/04/2017- 1 Bed, 1 Bath, 1 Car. Land size 50 sqm.
COMPARABLE SALE 2: 906/28 Bank Street, South Melbourne. SOLD $420,000- 25/02/2017- 1 Bed, 1 Bath, 1 Car. Land size 50 sqm.
COMPARABLE SALE 3: 406/28 Bank Street, South Melbourne. SOLD $428,000- 01/12/2016- 1 bed, 1 Bath, 1 Car. Land size 50 sqm.