906/31-33 City Road, Southbank VIC 3006

Spacious 131m² 2-bed apartment | Corner position in Southbank tower | Suits urban professionals | Steady local unit demand| This two-bedroom apartment on a 131m² floorplan suits professionals or couples seeking generous inner-city living space with secure parking. Its substantial internal area sets it apart from typical smaller units in the building, offering practical room for flexible use whether working from home or hosting. Positioned on a corner within a established high-rise on City Road, it benefits from elevated outlooks and direct access to Southbank’s riverside and cultural hubs without the premium of newer luxury developments. Buyers drawn to such properties are often young professionals in the 20-39 age bracket who prioritise walkability to the CBD, arts precinct, and dining over expansive outdoor areas. In the local market, similar two-bedroom apartments with parking hold value steadily, appealing to investors for reliable rental yields amid consistent demand from transient workers and graduates. The larger-than-average 131m² layout enhances its rental and resale appeal, as space scarcity drives competition in this densely built enclave. Long-term, its proximity to evolving infrastructure like transport upgrades and the Yarra precinct underpins holding potential, even as supply grows. While not the newest stock, the functional design and locational edge position it well against comparable sales nearby. Overall, it represents a pragmatic choice in a market favouring utility over novelty.