53/28 Southgate Avenue, Southbank VIC 3006

North-east aspect | CBD views from balcony | Rare 3-bedroom apartment | Premium riverside position This property is competitively strong because 3-bedroom apartments in Southbank’s riverfront precinct are uncommon, and this one combines a north-east aspect with direct city views and a private balcony. The oversized master bedroom and ensuite suggest a layout designed for owner-occupiers rather than investors, which typically supports stronger long-term value. The building’s riverside setting, walkable access to the CBD and arts precinct, and the quieter position described by residents position this property well for affluent downsizers, professional couples, or city-based executives seeking space and lifestyle over land content. The value of this property may be influenced by its floor level, which is not fully confirmed across sources, and by the strata fees and building management quality, which are not disclosed in available information. The premium price range suggested for this unit may also reflect the specific view corridor and aspect, meaning apartments on lower floors or different orientations in the same building could trade at materially different levels. Buyers should weigh the ongoing costs of strata living and the potential for future development in the immediate area when forming a view on price.