2506/89 Gladstone St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 813m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
This beautifully presented two-bedroom, two-bathroom apartment with one secure car space is located on Level 25, offering spectacular city and bay views. Ideally positioned in the heart of South Melbourne, its just moments from South Melbourne Market, the Crown Precinct, Yarra River, Albert Park, Port Melbourne, and Docklands. Trams 96 and 109 are at your doorstep, providing easy access to the CBD and Westgate Bridge.
The apartment features an open-plan living area with floor-to-ceiling windows, a contemporary kitchen with stainless steel appliances and a dishwasher. The master bedroom includes a private ensuite, while the second bedroom is generously sized and serviced by a central bathroom. The private balcony is perfect for relaxing or entertaining while enjoying the elevated city outlook.
The building offers outstanding building amenities, including a rooftop cinema, BBQ area with city and bay views, a designer lounge with fireplace and library, and a private dining room with kitchen facilities. Residents can enjoy resort-style living with secure building entry and lift access.
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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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
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