99/120 Sturt Street, Southbank VIC 3006

2 bed 1 bath 1 car | first floor with two outdoor areas | Southbank Arts Precinct | established complex on substantial site | above typical entry-level stock This apartment’s competitive strength lies in its combination of two outdoor areas and a first-floor position within a large, established complex. That configuration is uncommon in Southbank, where most units offer only a single small balcony. The Arts Precinct location provides a cultural, walkable environment that appeals strongly to owner-occupiers seeking inner-city lifestyle, as well as downsizers and professionals. The pricing evidence places it above the broad entry-level band for the suburb, consistent with a better-appointed or better-situated product rather than generic investor stock. The substantial site context suggests a lower-rise, more established feel than newer high-rise towers, which may offer greater privacy and a quieter living experience. The property’s value may be influenced by the fact that exact internal finishes, building age, and aspect are not fully disclosed from the available information. A buyer should weigh whether the first-floor position offers sufficient natural light and outlook, as this can affect both enjoyment and resale appeal. The two-bedroom, one-bathroom format is standard for the area, but the single bathroom may limit appeal for some owner-occupiers or families. The building’s amenity set and any recent renovation history could materially affect the property’s relative value, so these should be confirmed through inspection before forming a view on price.