2705/7 Riverside Qy, Southbank VIC 3006

27th floor Yarra River aspect | premium Southbank lifestyle | three-bedroom configuration | not currently listed This apartment’s defining advantage is its elevated 27th-floor position with direct sunlight and river views, a combination that is genuinely scarce in Southbank’s high-rise stock. The three-bedroom layout with two bathrooms and a car space places it well above the typical one- or two-bedroom offerings in this precinct, making it a strong option for a buyer seeking a primary residence or a long-term hold in a tightly held building. Its proximity to waterfront dining, Crown, and the city core gives it a lifestyle edge that supports consistent demand from professionals and downsizers alike. The property has not been tested in the current market, and the estimated valuation of $1.32 million sits against a 2019 purchase price of $1.25 million, implying modest capital growth over a period when many comparable properties have moved more. This may reflect a pricing ceiling for larger apartments in this tower or a lack of recent refurbishment. The shared development lot of 1.11 acres is not a material consideration for an individual unit buyer. For a buyer, the opportunity lies in negotiating from a position of limited recent sales evidence and holding for steady rental yield or eventual owner-occupier upgrade demand. Treat this as a lifestyle-driven hold, not a short-term flip.