Back 704/394 Collins Street
Off Market

704/394 Collins Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $375,000
Alexander SubotschAlexander Subotsch, last sold this property on 27 November 2025 after 15 days on market.

Overview

"The Bank" 1875 Heritage Splendour

Nestled in the heart of Melbourne's bustling CBD within the widely known "The Bank" building, built in 1875, this thoughtfully designed studio apartment at 704/394 Collins Street combines heritage charm with modern urban convenience. Step inside to discover an open-plan layout that seamlessly connects the living and dining zones. The kitchen area features sleek finishes and generous storage, flowing naturally into the light-filled living space to create a sense of openness and functionality. The adjoining bedroom area includes built-in robes, offering a tidy and efficient use of space. The bathroom also serves as a combined laundry, adding practicality without compromising style. With quality fittings, a bathtub and washing facilities neatly integrated, every detail has been considered for easy inner-city living. Located within a beautifully maintained building on iconic Collins Street, you'll be surrounded by Melbourne's best cafes, restaurants, shopping and public transport options. Whether you're walking to work, meeting friends at a nearby laneway bar, or enjoying the riverfront, everything the city has to offer is right at your doorstep. This property offers a stylish, functional and perfectly positioned lifestyle that captures the essence of convenient city living.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 704/394 Collins Street is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
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 704/394 Collins Street

2025
Sold
$375,000
Private Sale/Treaty on 27 Nov 2025 by Alexander Subotsch, of Gotham Property

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 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 582 one-bedroom apartments similar to 704/394 Collins Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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