Back 1005/118 Russell St
Off Market

1005/118 Russell St

Melbourne VIC 3000

2
2
1
85 m²
Apartment
Last sold for $892,500
Gina DonazzanGina Donazzan, last sold this property on 05 June 2024 after 39 days on market.

Overview

Perfect Package Of Space, Style and Location

Proudly sold by Gina Donazzan from Melbourne Boutique Property Nestled on the 10th floor of the iconic and historic Hero Apartments, this spacious residence, also offers an outdoor full-length terrace, that overlooks both St. Michaels’ and the Scots’ churches, a lovely city aspect. The Collins and Russell Street corner location is known as Melbourne’s brightest corner. Highly regarded, this iconic Nonda Katsalidis designed premium building known as ” Hero” is highly sought after by fastidious owner occupiers and astute investors alike. The floor to ceiling windows throughout the entire residence, take in Melbourne’s cityscape with the large open plan living directly opening to full length terrace. Comprising two well-proportioned bedrooms, with the master having direct balcony access, a walk-in robe and private ensuite. The main bathroom has enjoyed a stunning renovation boasting stone and is fully tiled. The stone kitchen with stainless steel appliances, has great bench and storage cupboards and drawers, there is also gas cooking. The separate laundry off the kitchen area is a smart and thoughtful addition to this floorplan. This lovely apartment is also includes reverse cycle air conditioning, ensuring comfort all year round. Nestled in the heart of the Theatre District and Melbourne’s Paris End you are surrounded by cafes and renowned restaurants, whilst high end shopping on Collins Street is at your doorstep. Adding to the convenience, the Bourke Street Mall, 5 Star Hotels and access to public transport, are all a short stroll away. This one truly has it all. The inclusion of a secure, off street car park on title and the addition of Hero’s onsite building manager both add to the quality lifestyle on offer here for its privileged residents. You will want to make this beauty your city home.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
85 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1005/118 Russell St is $545.25k.

Median value
$545.25k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1005/118 Russell St

2024
Rented
Undisclosed
Leased on 25 Jul 2024 by Belle Property South Melbourne
2024
Sold
$892,500
05 Jun 2024 by Gina Donazzan, of Melbourne Boutique Property
2021
Rented
Undisclosed
Leased on 14 Apr 2021 by Melbourne Boutique Property

Happy sellers in Melbourne

84%
84% 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 134 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 815 two-bedroom apartments similar to 1005/118 Russell St, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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