Positioned on the 16th floor of the prestigious Palladium Tower, this beautifully appointed two-bedroom apartment delivers an exceptional combination of contemporary comfort, resort-style amenities and unbeatable inner-city convenience.
Now vacant and ready for immediate occupation, the property presents an outstanding opportunity for owner-occupiers seeking a stylish city residence, buyers looking for a convenient Melbourne base, or investors wanting to secure a quality apartment in one of Southbank’s most sought-after residential buildings.
Contemporary Style and Comfort:
The apartment features a well-considered floorplan with an inviting open-plan living and dining area, sophisticated finishes and excellent natural light.
The sleek kitchen has been carefully designed with quality appliances, custom joinery, timber veneer cabinetry, polished finishes and a distinctive mirrored splashback. Its streamlined design provides the perfect space for everyday cooking and entertaining.
Both bedrooms offer comfortable accommodation, while the central bathroom showcases a clean, contemporary design. Additional features include secure entry, heating and cooling, a dedicated car space and a valuable storage cage.
Premium Resident Facilities
Residents of Palladium Tower enjoy access to an outstanding collection of resort-style leisure, fitness and entertainment facilities.
The impressive Residents’ Retreat, positioned across Levels 40 and 41, includes:
-Spectacular swimming pool with sweeping views
-Fully equipped residents’ gymnasium
-Steam room
-Palladium Terrace and residents’ lounge
-More than 400 square metres of indoor and outdoor entertaining space
Additional entertainment facilities located on Level 9 include:
-Spacious residents’ entertainment area
-Outdoor barbecue facilities
-Private bar and function room available for resident hire
-Dedicated cinema and lounge area
These exceptional amenities provide residents with the opportunity to exercise, relax, entertain guests, host private functions or enjoy a movie without having to leave the building.
Unmatched Everyday Convenience
-Palladium Tower offers the convenience of a Woolworths supermarket located on the ground level of the complex, making everyday grocery shopping simple and accessible.
-Crown Melbourne is positioned directly across from the building, placing world-class restaurants, cafés, shopping, entertainment and nightlife only moments from your doorstep.
An Attractive Opportunity for Savvy Investors:
-For investors seeking strong rental potential in a high-demand inner-city location, this apartment represents an exciting opportunity.
-A comparable two-bedroom apartment within Palladium Tower is currently advertised for lease at approximately $750 per week, highlighting the strong demand for quality accommodation within the building.
-Based on the anticipated sale price, this may represent an approximate gross rental yield of 6.3%, making the property particularly appealing to savvy investors seeking both lifestyle value and income potential.
With the apartment currently vacant, investors also have the flexibility to select their preferred property manager and commence a new tenancy without the restrictions of an existing lease.
Rental returns and yields are estimates only and may vary depending on the final purchase price, market conditions, property management fees and other associated costs. Prospective purchasers should obtain independent rental and financial advice.
Experience the Best of Melbourne:
-Perfectly positioned in the heart of Southbank, the apartment places Melbourne’s celebrated dining, entertainment, shopping and cultural attractions within easy reach.
-Enjoy convenient access to Crown Melbourne, South Melbourne Market, the Arts Precinct, Royal Botanic -Gardens, Melbourne Convention and Exhibition Centre, riverside restaurants, cafés and public transport. -The Melbourne CBD is also only moments away.
Inspection Information:
-Weekend open-for-inspections, with private inspections also available during the week by appointment only
Offering lifestyle, convenience and contemporary luxury in one of Southbank’s most recognisable residential towers, Apartment 1604 is an opportunity not to be missed. Contact Myles Johansson – Sales Consultant, Area Specialist for further information or to arrange your inspection. For more real estate in Southbank, contact your Area Specialist.
Disclaimer: Every care has been taken to verify the accuracy of the information contained in this advertisement. However, its accuracy cannot be guaranteed. Rental figures and yields are estimates only and may be based on comparable properties advertised within the building. Prospective purchasers are advised to undertake their own enquiries and due diligence regarding all relevant matters.
