1015/38 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
A breathtaking balance of space, style and serenity, this north-facing 2 bedroom, 2 bathroom apartment offers true value for market entrants and the promise of high returns for investors. Head downstairs and explore the lively arts precinct, Royal Botanic Gardens greenery, Albert Park Lake, fresh South Melbourne Market produce, local eateries, multiple tram routes, the upcoming Anzac Railway Station and the newly opened Woolworths within metres. This is a lifestyle location like no other!
Owning a 10th floor position in the sought-after Capri building, discover spacious open-plan living and dining basking in the all-day warmth of northern sunlight. A chef-ready kitchen boasts black granite benchtops, a breakfast bar for entertaining, and stainless-steel appliances plus a dishwasher. Slide open floor-to-ceiling glass and instantly relax on an undercover balcony with sweeping northerly views towards the soaring Southbank skyline. Rest and retreat is covered by a perfect pair of light-filled, generously sized and mirror-robed bedrooms with the master suite showcasing a fully tiled ensuite. The second bedroom is serviced by a gleaming bathroom with floor-to-ceiling tiles and a sparkling shower over a bathtub.
Special features include secure parking, a storage cage, Euro-style laundry with a wall-mounted dryer, split-system heating and cooling, roller blinds, intercom entry and access to a resort-style lap pool, tennis court, a fully equipped gym and a BBQ terrace.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
* Certain images are virtually staged for illustration purposes.
* Outgoings
Council Rates: $360.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,487.00 per quarter approx.
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,642 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
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