512/39 Park St, South Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Perfectly perched on the dynamic border of South Melbourne and Southbank at the prestigious 'Park Avenue'.
Only moments away from the lush grounds of the Royal Botanic Gardens and the Shrine of Remembrance.
A sprawling, north-facing open-plan living and dining domain bathed in abundant natural light.
Welcome to a new echelon of city-fringe living at Park Avenue, one of South Melbourne's most coveted residential addresses. Perfectly positioned on Park Street at the vibrant edge of Southbank, this location offers an unparalleled lifestyle. Just minutes away from South Melbourne Market, Albert Park Lake, the Royal Botanic Gardens, St Kilda Road trams, Anzac train station and Melbourne's CBD, this impressive residence offers the very best of inner-city living.
Inside this sophisticated residence at 39 Park Street, contemporary design meets everyday functionality. The heart of the home is a brilliantly appointed gourmet kitchen, boasting a striking stone island bench, sleek cabinetry, and high-quality stainless steel appliances, including a gas cooktop and dishwasher. This culinary space overlooks a sprawling, north-facing open-plan living and dining area, where walls of glass invite a wealth of natural light inside while effortlessly extending out to a generous entertainer's balcony.
The accommodation has been thoughtfully designed as a private sanctuary away from the hustle of the city. Both large bedrooms are swathed in natural light and feature ample built-in wardrobes. The master suite is elevated by a beautifully finished private ensuite, while the central bathroom services the rest of the home with equal luxury. Both bathrooms are fully tiled from floor to ceiling, featuring modern vanities, premium tapware, and frameless glass showers that deliver both immense style and daily convenience.
Beyond the front door of the apartment, Park Avenue redefines the standard for residential facilities. Residents are treated to an exclusive, resort-style wellness center that acts as a private urban retreat. Lounge on the cabana chairs by the stunning swimming pool, unwind in the serene sauna, or maintain your fitness in the state-of-the-art gymnasium. Supported by the peace of mind of a dedicated on-site building manager, this is the ultimate low-maintenance, high-luxury urban lifestyle. Secure basement parking with a generous storage cage, further enhances the home's everyday appeal.
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 13,070 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:
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