3008/9 Power Street, Southbank VIC 3006

1 bed apartment in Southbank high-rise | 51m² internal | Secure parking included | Inner-city lifestyle fit|1 bed apartment 51m² with parking suits professionals or investors seeking compact urban living near CBD amenities. This one-bedroom apartment delivers efficient space utilisation at 51 square metres internally plus dedicated parking, ideal for single occupants or couples prioritising convenience over expanse. Positioned on level 30 within a substantial 2760 square metre block, it benefits from elevated views and separation from street noise common in denser Power Street settings. Similar high-floor units in the building attract young professionals drawn to Southbank’s walkable proximity to employment hubs and cultural precincts. In the local apartment market, properties of this compact scale hold steady demand from renters and first-home buyers, showing resilience through cycles due to limited supply in premium high-rises. The inclusion of on-site parking enhances its edge over basement-only competitors nearby, appealing to those with vehicles amid rising urban parking constraints. Long-term, its modern build within a well-managed complex supports holding value, as Southbank’s apartment stock favours secure, low-maintenance options for ongoing urban migration. Comparable one-beds on the street perform consistently in rental yields, underscoring appeal for income-focused owners. Overall, this setup positions it firmly for buyers valuing practicality in a tightly held inner-city niche.