Back 501D/340 Russell St
Off Market

501D/340 Russell St

Melbourne VIC 3000

2
1
1
Apartment
Last sold for $650,000
Sam FennaSam Fenna, last sold this property on 26 May 2025 after 27 days on market.

Overview

Iconic former Russell Street Police Headquarters – Circa 1943

Expressions of Interest - Closing on Tuesday the 27th of May at 2pm (Unless sold prior) Basking in its desirable north-west position, this stunning apartment invites you to step back in time within the iconic New York-style former police headquarters. Designed by celebrated architect Percy Edgar Everett and unveiled in 1943, this landmark building was thoughtfully transformed into stylish residences in 2004. Lovingly restored to celebrate its Art Deco charm, it offers a rare fusion of heritage character and contemporary living, right in the heart of Melbourne. The apartment features a spacious open-plan living and dining area, complemented by timber floorboards in the kitchen and walkway. Two generously sized bedrooms, each with large windows, welcome an abundance of natural light. The kitchen is fitted with sleek stainless-steel benchtops, while the large, modern bathroom delivers a refined, comfortable feel. A secure undercover car space completes the package, offering both convenience and peace of mind. Perfectly positioned, you can stroll to Lygon Street, Carlton, to experience some of Melbourne's best pasta, or enjoy the convenience of QV's shops and supermarket just moments away. With full security access, an inviting pool, a well-equipped gym, and a full-time concierge, every aspect of effortless city living is catered for. Come and be impressed - this is a lifestyle opportunity not to be missed.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
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 501D/340 Russell St is $545.19k.

Median value
$545.19k
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 501D/340 Russell St

2025
Sold
$650,000
26 May 2025 by Sam Fenna, of Belle Property Carlton | Melbourne | North Melbourne

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, 814 two-bedroom apartments similar to 501D/340 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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