Back 24/53 Powlett Street
Off Market

24/53 Powlett Street

East Melbourne VIC 3002

1
1
1
45 m²
45 m²
Studio
Elli BlancoElli Blanco, last sold this property on 10 September 2026 after 134 days on market.

Overview

Charming East Melbourne Pied-a-terre with Garden Balcony

Perfectly positioned within one of East Melbourne's most tightly held and prestigious pockets, Regents Gate sits amongst elegant heritage streetscapes and leafy surrounds, a setting that defines the very best of inner-city living. This East Melbourne pied-a-terre offers an effortless lifestyle in an exceptional location. Designed in 1939 by architect Bernard Evans, who served as Lord Mayor of Melbourne in 1959 and 1960, Regents Gate comprises twenty-four apartments across two symmetrical three-storey wings arranged around a lush central garden. Subtle Art Deco detailing and balanced proportions give the building a timeless presence, with these design cues carried from exterior to interior. Thoughtfully designed and larger than a typical studio, it opens with a separate entry hall with built-in storage. A full bathroom follows, with a shower over bath and integrated laundry, while the refreshed kitchen features an electric cooktop and generous cabinetry, maintaining the apartment's original character. The light-filled living and sleeping space is generous and versatile, with a defined alcove for the bed. Original Art Deco features remain throughout, including a decorative fireplace, chandelier, distinctive windows and French doors. These open to a leafy balcony outlook, creating a calm, private retreat. The location is equally compelling: just one block from Fitzroy Gardens, and a 15-minute walk to the cafés, restaurants and boutiques of Spring Street and the Paris end of Collins Street. Jolimont is close by, while Collingwood's vibrant cafés and the celebrated Gertrude and Smith Street precincts are within 15-20 minutes on foot, with Bridge Road also nearby. The MCG, Melbourne Park and the wider sporting precinct are all within easy reach, along with the Yarra River and the Royal Botanic Gardens. East Melbourne itself offers a rare balance: a refined residential enclave with local cafés and quiet restaurants, yet moments from some of the city's most vibrant cultural precincts. An allocated parking space is included, along with eligibility for two residential permits. Outgoings; OC Fees - $7,612 PA Approx Water Rates - $743 PA Approx Council Rates - $1,226PA Approx Size - 45 SQM Rental Potential - $400 - $450 Title: Company Share

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
45 m² floor area
45 m² lot size
Studio

Estimated Value

We need at least 3 similar 1 bedroom studios sold in East Melbourne over the last 12 months.

Property history for 24/53 Powlett Street

2026
Sold
Undisclosed
10 Sep 2026 by Elli Blanco, of Ray White CRE
2015
Sold
$400,000
Auction Sale on 20 Feb 2015 by Peter Hannon, of Caine Real Estate

Happy sellers in East Melbourne

84%
84% of sellers in East Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in East Melbourne over the last 12 months.

Local market activity for 1 bedroom studios in East Melbourne

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