2701/89 Gladstone St, South Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Apartment sold in South Melbourne in the last 12 months.
• Total gross yield of 7.1-7.8%
• Rental Appraisal of $650 - $675 per week
• Stunning 180 degree views of the Port Phillip Bay and South Melbourne Beach
Stylish, spacious, and perfectly positioned, this South Melbourne apartment delivers the ultimate inner-city lifestyle with breathtaking views. Inside, an open-plan layout welcomes abundant natural light through full-height windows, creating a warm and inviting living and dining zone that flows seamlessly to an oversized balcony-ideal for alfresco dining or simply soaking in the Port Phillip Bay panoramas. The designer kitchen impresses with sleek cabinetry, stone finishes, and premium appliances, offering both form and function for everyday living or entertaining. Two well-proportioned bedrooms provide a peaceful retreat with mirrored robes, while the contemporary bathroom elevates everyday routines with floor-to-ceiling tiling and an oversized walk-in shower.
Additional features include a secure car park, storage cage, split-system heating/cooling, a European laundry, and secure entry within a modern high-rise. Positioned just steps from the buzz of Clarendon Street, South Melbourne Market, cafes, bars, and excellent public transport, this is lifestyle living at its best.
Perfect for owner-occupiers or savvy investors seeking strong returns in a blue-chip location. For all enquiries, please contact Zekria Tawafi on 0411 577 970.
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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
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