Southbank

1813/9 Power Street

$510,000 - $530,000

High Yield Investment in a Landmark Southbank Address

Located on the 18th floor of the prestigious Prima Tower, this sleek one-bedroom apartment delivers premium living in a world-class location – with the added bonus of an exceptional rental return.

Currently leased until Feb 2026, this property offers a high-yield investment opportunity with strong returns. Whether you’re looking to grow your portfolio or secure a future city base, this is a smart choice with solid rental demand due to its prime location.

Inside, you can enjoy an open-plan layout with floor-to-ceiling windows, a private East, South East facing balcony, and quality finishes throughout. The contemporary kitchen is appointed with stone benchtops and Miele appliances, while the bedroom features mirrored built-in robes with stunning views. The stylish bathroom is finished in timeless tones with separate and concealed laundry area.

Additional highlights:
– Ducted heating and cooling
– Double-glazed windows for year-round comfort
– Secure video intercom and swipe entry
– One secure car space at level 8
– Currently tenanted at $620/week for the apartment, plus carpark can be leased separately @ $85 per week giving a Gross Yield of 7.05%

As a resident of Prima Tower, indulge in access to resort-style amenities including a 25m indoor pool, gym, sauna, spa, private cinema, BBQ terrace, resident lounge, and 24-hour concierge.

Located opposite Crown Casino and just moments from Southbank Promenade, Flinders Street Station, the CBD and arts precinct, this is premium living with unbeatable convenience and a standout investment to match.