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Back 1103/118 Russell Street
Off Market

1103/118 Russell Street

Melbourne VIC 3000

1
2
1
101 m²
Apartment
Last sold for $935,000
Sam FennaSam Fenna, last sold this property on 02 December 2025 after 27 days on market.

Overview

Melbourne Masterpiece: Designer Residence in the Hero Building

Expressions of Interest Closing on Wednesday the 3rd of December at 12 noon.(Unless sold prior) Some apartments are simply well-located. This one is perfectly placed and beautifully considered. Set within the iconic Hero Building on the corner of Russell Street and Little Collins, this residence captures the essence of refined city living. Originally a two-bedroom, two-bathroom layout, it has been thoughtfully reimagined into a hotel-inspired pied-à-terre designed for those who appreciate quality, convenience, and comfort in equal measure. Limestone floors and timber-lined walls set a warm, sophisticated tone from the moment you arrive. Dual designer bathrooms feel effortlessly luxurious, while a full walk-in dressing room brings clarity and organisation to daily life. Electronic blinds and a discreet laundry space continue the theme: modern living should feel simple and seamless. Natural light fills the interiors throughout the day, creating calm and inviting spaces high above the energy of the streets below. Enjoying enviable privacy, rare in the CBD, the outlook captures Melbourne's skyline and historic spires, a reminder of the city's rich character. Life here places you at the centre of everything. Cafés, restaurants, boutique shopping, and cultural destinations surround you in every direction, while secure building management and on-site staff ensure ease and peace of mind at home. Built in the 1950s as the Melbourne telephone exchange and later transformed by renowned architect Nonda Katsalidis, the Hero Building remains a celebrated part of Melbourne's architectural story - a true example of adaptive reuse done right. A lifestyle curated for those who expect nothing less than extraordinary.

Features

1 bedroom
2 bathrooms
1 carspace
1 open car space
101 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1103/118 Russell Street is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
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 1103/118 Russell Street

2025
Sold
$935,000
02 Dec 2025 by Sam Fenna, of Belle Property Carlton | Melbourne | North Melbourne
2016
Sold
Undisclosed
Private Sale/Treaty on 11 Mar 2016 by Monique Depierre, of Kay & Burton Stonnington

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 1 bedroom apartments in Melbourne

In the last 12 months, 586 one-bedroom apartments similar to 1103/118 Russell Street, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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Catherine Sheo

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