Back 32/1 Flagstaff Lane
Off Market

32/1 Flagstaff Lane

West Melbourne VIC 3003

2
2
1
Apartment
Carmel MorgantiCarmel Morganti, last sold this property on 17 May 2025 after 30 days on market.

Overview

Warehouse Luxury on CBD's Cusp

Enjoy the best of city life with total privacy and quiet in this rare, ultra-spacious and historic warehouse conversion. Spread over two levels of light-filled luxe, it's positioned brilliantly for indulging in a lifestyle that's quintessentially Melbourne. Without any units above or below, the home, perched on the c1957-built former Western Star Butter factory, splits downstairs accommodation from upstairs hospitality spaces. Upstairs is the vast main living/dining/kitchen area. Fostering a sublime sense of space and airiness, a raked ceiling soars to a point 5m atop an expansive upper level, with open plan living, dining, lounge, winter garden, and kitchen areas. Light pours in from north, east and west windows. Downstairs is a generous primary bedroom with excellent storage and lavish master ensuite with under-floor and towel-rail heating, twin basins, Carrara marble, and a bathtub. A second sun-splashed bedroom is served by a smart bathroom with integrated laundry. With scope to optimise vertical air rights, draw from previous architectural plans, and extend upward with a roof terrace or mezzanine third level (STCA). Highlights of the home include 3.1kW solar panel system (with option to add battery), comprehensive heating/cooling, a private concrete storeroom with 200-bottle wine cellar, and secure car space. It's mere steps to Flagstaff Gardens, trains and trams, vibrant Errol and Victoria Streets, and iconic Queen Victoria Market. The Melbourne CBD with its arts, culinary, afterhours, and retail scenes are moments away.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in West Melbourne over the last 12 months, the estimated median property value of 32/1 Flagstaff Lane is $600k.

Median value
$600k
Estimated value range
$350k - $1.19m
Median days on market
44
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West 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 32/1 Flagstaff Lane

2025
Sold
Undisclosed
Auction Sale on 17 May 2025 by Carmel Morganti, of Jellis Craig Kensington
2012
Sold
Undisclosed
Auction Sale on 01 Dec 2012

Happy sellers in West Melbourne

87%
87% of sellers in West Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 27 reviews in West Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in West Melbourne

In the last 12 months, 113 two-bedroom apartments similar to 32/1 Flagstaff Lane, have been sold.

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

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