705/259-263 Normanby RoadSouth Melbourne VIC 3205
Property Details for 705/259-263 Normanby Rd, South Melbourne
705/259-263 Normanby Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 7654m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Last Listing description (September 2025)
Experience elevated living in this spacious 1-bedroom apartment nestled within the luxurious R. Iconic developmentSouth Melbournes premier address. With its thoughtful layout and resort-style amenities, this residence offers the perfect blend of sophistication and lifestyle appeal.
Step into a bright, open-plan living and dining area drenched in natural light, flowing seamlessly onto a massive undercover balconyperfect for entertaining or enjoying uninterrupted sunset views over South Melbournes low-rise skyline. The bedroom is generously sized with built-in robes, while the sleek bathroom is finished with premium fittings.
Key Features:
Gourmet kitchen with stone benchtops & quality appliances
Oversized undercover balcony with panoramic outlook
Secure intercom access & on-site concierge service
Climate-controlled comfort throughout
Unmatched Amenities Include:
Heated outdoor pool & wellness spa
State-of-the-art gym, sauna, yoga & meditation studio
Rooftop running track, zen garden & landscaped podium gardens
Private cinema, karaoke room, dining lounges & wine vault
Dog grooming room, EV charging stations & more
Perfectly positioned between the beach and the CBD, youre walking distance to South Melbourne Market, Port Melbourne, Albert Park Lake, and light rail transport.
An ideal opportunity for investorsthis apartment offers strong rental yield potential in one of Melbournes most desirable lifestyle precincts.
Dont miss outcontact us today for a private inspection.
Property History for 705/259-263 Normanby Rd, South Melbourne, VIC 3205
- 25 Jun 2025Sold for $440,000
- 15 May 2025Listed for Sale PRIVATE SALE: $440,000 - $480,000
- 13 Sep 2023Listed for Rent $550 / week
Recent sales nearby
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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.
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