1308/135 City Road, Southbank VIC 3006

1-bed entry in a prime urban pocket | High-rise 2014 build in Capital City Zone | Compact floorplan suited to city professionals or investors | Strata title with no private land This apartment sits within a well-regarded 2014-built complex in Southbank’s City Road corridor, a location that offers genuine proximity to the CBD, public transport, and the riverfront dining strip. Its Capital City Zone – Schedule 3 classification supports high-density residential use and signals ongoing urban renewal in the immediate area, which can underpin long-term demand. As a one-bedroom unit in a popular building, it serves as an accessible entry point for owner-occupiers seeking a low-maintenance city base or investors targeting the professional and student rental market. The lot and plan details confirm a standard strata arrangement, typical for this stock, and the building’s age suggests modern finishes and compliance with contemporary building standards, which may reduce the likelihood of major near-term capital works. The property’s value might be influenced by its position within the building—without confirmed floor level or aspect, the apartment’s outlook and natural light could vary significantly between units, affecting desirability. Its compact one-bedroom layout may limit appeal to couples or those needing a home office, potentially narrowing the buyer pool. The Capital City Zone, while supportive of development, can also mean proximity to ongoing construction or higher ambient noise, which some purchasers may weigh when forming a price view. Rental demand is likely steady given the location, but yield expectations should be tempered against body corporate fees typical of high-rise apartments.