505/338 Kings WaySouth Melbourne VIC 3205
Property Details for 505/338 Kings Way, South Melbourne
505/338 Kings Way, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1415m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (October 2024)
Welcome to your new home in the heart of South Melbourne! This light-filled, spacious 2-bedroom, 1-bathroom apartment offers a perfect blend of style and convenience.
Step into this beautifully maintained unit featuring stylish floorboards that make maintenance a breeze. The unit features a rare and highly sought-after layout with a separate powder room and shower room, ensuring utmost comfort and privacy. Floor-to-ceiling window panels flood the apartment with natural light, creating a warm and inviting atmosphere throughout the day. Enjoy stunning, unblocked views towards Kings Way from the comfort of your living space.
For your convenience, this apartment includes a secured standard car park-no need for a stacker or car lift, ensuring easy and secure parking every time.
Located in the vibrant Silverleaf building, you'll find yourself in a well-connected area with an abundance of amenities and green spaces. A short walk or drive from the property, you'll discover:
- The Kettle Black: Trendy caf at 50 Albert Road, South Melbourne, known for its delicious brunches and stylish dcor.
- Ladro: Renowned for its pizza and Italian cuisine, located at 162 Victoria Avenue, Albert Park.
- South Melbourne Market: Just a 5-minute drive away, offering a variety of food stalls and casual dining options.
Enjoy nearby parks such as Albert Park, with its lake, sports facilities, and walking tracks, and Kings Way Park, perfect for relaxation and recreation.
Commuting is a breeze with a tram stop just a short walk away-typically within 100-200 meters. Trams along Kings Way and nearby streets, such as those at the intersections with Albert Road or Park Street, provide convenient access to Melbourne's extensive tram network. This prime location ensures a quick and easy journey to the CBD and other key areas of the city.
This property is an excellent opportunity for both home-occupiers looking to live close to the CBD and investors seeking to expand their portfolio.
Contact Junius or An today to schedule a viewing and make this exceptional property yours!
Property History for 505/338 Kings Way, South Melbourne, VIC 3205
- 26 Sep 2024Sold for $490,000
- 10 Sep 2024Listed for Sale $500,000 - $520,000
- 08 Oct 2020Listed for Rent $380 / week
Recent sales nearby
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0About 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 12,921 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:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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