Back 506/251 Johnston Street
Off Market

506/251 Johnston Street

Abbotsford VIC 3067

2
1
1
Apartment
Last sold for $660,000
Sahil BhasinSahil Bhasin, last sold this property on 21 October 2025 after 0 days on market.

Overview

Architecturally Crafted, Bathed in Natural Light & Surrounded by Cafés, Parks & Culture

Bathed in natural light and poised above one of Melbourne's most connected inner-city corridors, Residence 506 at Pace of Abbotsford delivers refined two bedroom living with effortless amenity and lock up and leave ease. A generous open plan domain anchors the home, pairing a quality stone-finished kitchen with integrated appliances to an easy entertaining living and dining space that spills onto a private balcony perfect for morning coffees before a quick commute or evenings unwinding above the buzz of Johnston Street. Two well-scaled bedrooms (both with robes) are serviced by a sleek central bathroom with rain shower and excellent storage, while a European laundry, double glazing, split system heating/cooling, secure intercom entry, lift access and an on-title basement car space round out a supremely practical floor plan. Residents here join "The Club" an exclusive rooftop sanctuary with a showstopping 20m infinity pool set against uninterrupted city vistas, a fully equipped gym, elegant lounge and library spaces, and alfresco BBQ/dining terraces designed for sunset entertaining five star resort living, every day. Positioned moments to Victoria Park Station and trams, with Metro Woolworths, Smith & Gertrude Street dining, the Abbotsford Convent arts precinct and Yarra River trails all at your fingertips, this is the complete lifestyle package. Urban energy on your doorstep, green open spaces within minutes, and a building crafted by Pace Development Group with considered communal landscapes by Jack Merlo. Whether it's an astute first home, a city base or a blue-chip investment in a proven address with strong rental appeal, Residence 506 stands out for its balance of design, amenity and walk everywhere convenience. Sahil Bhasin 0403 630 215

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Abbotsford over the last 12 months, the estimated median property value of 506/251 Johnston Street is $591.5k.

Median value
$591.5k
Estimated value range
$330k - $1.25m
Median days on market
36
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Abbotsford. 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 506/251 Johnston Street

2025
Sold
$660,000
Private Sale/Treaty on 21 Oct 2025 by Sahil Bhasin, of Bricks and Mortar RE
2024
Rented
Undisclosed
Leased on 30 Sep 2024 by Ironfish Real Estate
2023
Rented
Undisclosed
Leased on 20 Jun 2023 by Ironfish Real Estate

Happy sellers in Abbotsford

90%
90% of sellers in Abbotsford reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Abbotsford over the last 12 months.

Local market activity for 2 bedroom apartments in Abbotsford

In the last 12 months, 117 two-bedroom apartments similar to 506/251 Johnston Street, have been sold.

This represents a 15% increase in two-bedroom apartments sales when compared to the previous 12 months.

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