1604/89 Gladstone Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1604/89 Gladstone Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 813m2
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Property Details for 1604/89 Gladstone St, South Melbourne

1604/89 Gladstone St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 813m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2017
Floor Size
48m2
Land Size
813m2
Local Government
Port Phillip
Lot/Plan
1604/PS735510

Last Listing description (July 2023)

This near new, contemporary light filled apartment on the 16th floor offers enviable views, a spacious open plan living with European Oak timber floors throughout and a private balcony. A North-West Aspect drenches the apartment in natural sunlight providing views of the bay and the city.

A spectacular pinnacle in lifestyle excellence, commanding panoramic views and stunning contemporary finishes, this "Gravity Tower" apartment is a prime example of luxury and sophistication. Enjoy the comfort of an open-plan design with a private balcony, modern well-appointed kitchen featuring European Oak timber floors throughout. Indulge in outdoor entertaining, with a sublime resident-only rooftop terrace boasting jacuzzi, Teppanyaki grill and BBQ, lounge room, media room and outdoor cinema - with dazzling views of the city and the bay. Occupy or invest in a prime location, moments from the beach, Botanic Gardens, Albert Park Lake to the City's laneway restaurants, transport and MCG.

This One Bedroom apartment features:

- Spacious open plan living that flows on to your private balcony overlooking the stunning CBD skyline
- Large light-filled bedroom with ample storage and private balcony access
- European oak timber flooring throughout the kitchen, dining and living areas
- Bathroom off the living area features floor to ceiling tiles and European laundry

Located in a prime lifestyle position walking distance to 109 Tram with South Melbourne Market a stone's throw away.

This stunning one bedroom apartment will stand to amaze and is ready to welcome its new resident
immediately. Don't miss this rare opportunity to secure your dream inner-city lifestyle.

***All inspections are by appointment only***

Property History for 1604/89 Gladstone St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$400,000
27 Apr 2022
Listed for Rent
$350/w
30 Oct 2020
  • 16 Jun 2023
    Listed for Sale $400,000-$440,000
  • 27 Apr 2022
    Sold for $400,000
  • 14 Sep 2020
    Listed for Rent $350 / week
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,856 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 35 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.