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100/18 Russell Place

Melbourne VIC 3000

1
1
Apartment
Currently for sale - view listing

Overview

Stylish City Retreat in Melbourne's Prestigious Paris End

A rare opportunity within the award-winning Little Hero complex, this ultra-stylish one-bedroom apartment with additional office or child's bedroom presents the perfect blend of sophisticated city living and outstanding investment potential. The apartment has windows on three sides giving North, West, and South aspects – only one apartment per floor has this aspect, all others have 1 window. Positioned in the heart of Melbourne's vibrant CBD, you'll enjoy unrivalled convenience with Chinatown's renowned dining precinct, free city trams, boutique shopping, Flinders Street Station, the theatre district, RMIT University, Treasury Gardens, the MCG, and Melbourne's finest cafés, bars and restaurants all just moments from your doorstep. This is truly a location to be enjoyed for years to come. Designed by the acclaimed Fender Katsalidis, the apartment showcases quality craftsmanship and intelligent design throughout. The spacious open-plan living and dining area is complemented by a sleek stone-finished kitchen featuring quality appliances, including a premium Fisher & Paykel dish drawer. Step outside onto the private balcony and take in the vibrant neighbourhood outlook over the charming laneway below. Generously proportioned, the bedroom features wall-to-wall mirrored built-in robes and is serviced by a stylish bathroom complete with a fully tiled walk-in shower and excellent storage. Additional features include a Euro-style laundry, split-system heating and cooling, an inviting entrance hallway, designer lighting, roller blinds, secure video intercom entry and lift access. With a housing shortage in Melbourne and growing immigrant base, this apartment is equally appealing to owner-occupiers and investors, this apartment offers an exceptional investment opportunity with an estimated rental return of approximately $34,000 per annum, complemented by low quarterly outgoings. With Melbourne continuing to experience a well-documented housing shortage and strong demand for quality inner-city accommodation, the rental market is forecast to remain resilient, making this an investment with excellent long-term prospects. Whether you're seeking an executive city residence or a high-performing addition to your investment portfolio, this is an opportunity not to be missed.

Features

1 bedroom
1 bathroom
Apartment

Property history for 100/18 Russell Place

2024
Rented
Undisclosed
Leased on 26 Jul 2024 by Bow Residential
2015
Sold
$380,000
Auction Sale on 12 Jan 2015 by Adrian Petrucelli

Happy sellers in Melbourne

86%
86% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 126 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 585 one-bedroom apartments similar to 100/18 Russell Place, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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