Back 701/1 Powlett St
Off Market

701/1 Powlett St

East Melbourne VIC 3002

2
2
1
Apartment
Last sold for $1,051,260

Overview

Absolute Perfection on Powlett

Contemporary in style and positioned on the seventh level, apartment 701 is bathed in natural light, while the floor to ceiling windows capture gorgeous uninterrupted north facing views across Melbourne's most revered homes. Located within East Melbourne's sought-after Nonda Katsilidis designed 'One Powlett' complex, this soundly-built, quiet apartment offers relaxed, maintenance-free living at its very best. Quality is evident throughout. The master bedroom features walk-through robes with enormous luxury ensuite plus bath. The second bedroom/study also features built in robes, with adequate space for a guest to stay or your home office to reside. An excellent combined living and dining area is accompanied by an open plan kitchen fitted with European stainless steel appliances and stone topped benches, cupboard space is also plentiful. A great sized functional balcony is ideal for barbecuing, entertaining or simply relaxing and appreciating the vista. Other thoughtfully designed features include, heating and cooling, video security and secure car park which further enhances the value of this apartment, while the complex boasts a well-equipped residents gymnasium. This really is a fantastic apartment and location to live in, just footsteps to local shops and cafes and all the amenities of the East Melbourne village. Train and tram are on the doorstep or it's an easy stroll to the CBD, MCG, entertainment venues, lush parklands and the vibrant Richmond precinct.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in East Melbourne over the last 12 months, the estimated median property value of 701/1 Powlett St is $780k.

Median value
$780k
Estimated value range
$490k - $3.95m
Median days on market
35
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East 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 701/1 Powlett St

2024
Rented
Undisclosed
Leased on 24 Mar 2024 by Caine Real Estate
2018
Sold
$1,051,260
Sold Before Auction on 19 Apr 2018

Happy sellers in East Melbourne

85%
85% 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 9 reviews in East Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in East Melbourne

In the last 12 months, 64 two-bedroom apartments similar to 701/1 Powlett St, have been sold.

This represents a 10% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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