513/250 St Kilda Road, Southbank VIC 3006

Southbank landmark | 3-bed in low-rise Garden Tower | direct pool/gym lift | serene Kings Domain views | concierge security This unit presents a rare configuration within a blue-chip building, offering three bedrooms and dual parking on a low floor with protected northern parkland outlooks. The Bates Smart-designed Melburnian provides superior amenity with direct lift access to pool and gym, serving owner-occupiers seeking a permanent, full-service residence or a premium rental holding. Its position in the Garden Tower separates it from typical high-rise stock, creating a scarcity that underpins long-term value. Decision hinges on strata due diligence. The 2019 report is outdated; a new review must uncover capital works plans and levy history, as landmark buildings incur significant upkeep costs. The flood overlay necessitates insurance checks. This is a buy-and-hold proposition for a decade-plus timeline, unsuitable for short-term trade. Proceed only with a contemporary strata audit to validate the financial logic of the premium address.