Back 3/114 Hardware St
Off Market

3/114 Hardware St

Melbourne VIC 3000

2
1
88 m²
Apartment
Last sold for $623,000
Rhiannon EastRhiannon East, last sold this property on 02 January 2026 after 13 days on market.

Overview

EOI - Closing 12PM this Friday 02/01/2026.

EOI - Closing 12PM this Friday 02/01/2026. Once upon a laneway - back when Hardware Street answered to Wrights Lane and horses were traded in red-brick bazaars - this building began its life. Fast-forward to now, and 3/114 Hardware Street stands as a beautifully reimagined ground-floor apartment, steeped in history and dressed for modern city living. One of only a handful of former office conversions in the CBD, this is laneway cool with a very respectable past life. Offered for just the second time in 22 years, this generously proportioned 88m² (approx.) home proves that inner-city living doesn't have to mean tip-toeing around your furniture. High ceilings stretch overhead, engineered blackbutt floors anchor the space, and the entire apartment has been stylishly refreshed to feel calm, confident and quietly cool. The brand-new kitchen is ready for its close-up - sleek cabinetry, stone bench tops and a Whirlpool oven setting the scene for everything from weeknight pasta to overly ambitious dinner parties. The bathroom is fresh and contemporary with an integrated laundry, while a separate powder room ensures guests never have to awkwardly wait their turn. The main bedroom is a conversation starter in the best possible way, featuring built-in wardrobes and a walk-in robe complete with a working exit sign - a charming nod to the apartment's former life as an office. And just when you think that's quirky enough, a hidden rear door tucked inside the robe delivers exclusive access straight into the city, like a secret passage for locals only. Bedroom two matches the scale of the first and also includes built-in robes, making the layout perfect for couples, families, guests or those with creative ambitions and a need for space. The fully enclosed balcony is a shape-shifter - home office by day, reading nook by evening, winter garden when the mood strikes. Power points, sliding doors on either side, block-out blinds and double-glazed internal windows keep the city buzz where it belongs - outside. Add NBN (FTTB), secure video intercom and reverse-cycle heating and cooling, and you've got year-round comfort sorted. Step outside and Melbourne does the rest. Bus stops at your door, Melbourne Central just 550 metres away, Free Tram Zone access, Queen Victoria Market within 700 metres, and laneway royalty like Mjølner, Hardware Société and Kirk's Wine Bar waiting downstairs. Perfect for downsizers, investors, professionals or inner-city families, this is low-maintenance living without losing an ounce of character. Zoned for Carlton Gardens Primary and University High, and moments from RMIT and the University of Melbourne, it's a location that overdelivers on every front. This is not a shoebox. This is not generic. This is quintessentially Melbourne - historic, spacious, fully renovated and gloriously different. Miss it, and someone else will be telling this story instead. OUTGOINGS (approximately per annum): Owners Corporation Fees - $5804 per annum Council Rates - $1309 per annum Water Rates - $737 per annum Expected Rental Returns: $670 - $720 Per Week (Unfurnished)

Features

2 bedrooms
1 bathroom
88 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 3/114 Hardware St is $545.3k.

Median value
$545.3k
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 3/114 Hardware St

2026
Rented
Undisclosed
Leased on 22 Jan 2026 by Bizarre Real Estate
2026
Sold
$623,000
Private Sale/Treaty on 02 Jan 2026 by Rhiannon East, of Bizarre Real Estate
2017
Sold
$536,000
05 Oct 2017 by Rhiannon East, of MICM

Happy sellers in Melbourne

80%
80% 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 135 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 817 two-bedroom apartments similar to 3/114 Hardware St, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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