2801/259-263 Normanby Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2801/259-263 Normanby Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 229m2
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Property Details for 2801/259-263 Normanby Rd, South Melbourne

2801/259-263 Normanby Rd, South Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 229m2. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
Unit
Land Size
229m2
Local Government
Port Phillip
Lot/Plan
2801L/PS812023

Last Listing description (November 2023)

Capturing the essence of elevated tranquil living in South Melbourne, this 3 bedroom Sub Penthouse at R.Iconic, establishes the benchmark for effortless quality and craftsmanship on 229.1sqm, designed by internationally acclaimed interior designer, David Hicks.

In the heart of this home, Gaggenau appliances, a butler's pantry and island benches take pride of place, along with unobstructed and tranquil views of the Bay, City and surrounding parklands. Spacious living areas extend from the kitchen and flow onto a generous outdoor balcony, providing residents with space to entertain or relax and unwind.


This Sub Penthouse allows for simplistic living without compromise, with ample storage space to ensure your home is free of clutter, allowing you the luxury of time spent living well. Carefully designed to honour classic finishes of marble, bronzed glass and timber, this home showcases luxurious timber floorboards, ensuring interior spaces convey the finest quality and craftsmanship.

The master bedroom features an oversized walk-in wardrobe and a master ensuite with soothing earthy tones, a double vanity and a freestanding bath. The remaining bedrooms feature generously sized built-in wardrobes and ensuites.

Location
Directly opposite a 10-hectare park running all the way to the beach, this pet friendly home is desirably located in South Melbourne within walking distance of South Melbourne Market, Port Melbourne Beach, Albert Park Lake, Melbourne's CBD, and its Arts Precinct.

Amenity
This Sub Penthouse will have access to R.Iconic's hotel-styled amenities covering all facets of life including: Cinema - 24/7 Building Concierge Services - Infinity Running Track - Gymnasium - Outdoor Pool - Sauna - Private Dining Garden Pavilions - Zen Garden + more.

Sub Penthouse owners also have exclusive access to feel on top of the world in the level 30 & 31 Horizon Lounge, with 270-degree views through floor to ceiling windows of the bay and surrounding parklands.

R.Iconic has been recently awarded Best Lifestyle Development, Victoria & Best Apartment Architectural Design at the Asia Property Awards 2023. Register your interest to find out why.

R.Iconic, a building and lifestyle, unrivalled and unmatched.

Property History for 2801/259-263 Normanby Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$3,420,000
04 Jul 2025
  • 04 Jul 2025
    Sold for $3,420,000
  • 15 Sep 2023
    Listed for Sale Not Disclosed
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About South Melbourne 3205

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 12,940 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:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 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.