Back 721/181 Exhibition Street
Off Market

721/181 Exhibition Street

Melbourne VIC 3000

2
1
1
74.97 m²
Apartment
Jeffrey LeongJeffrey Leong, last sold this property on 14 November 2025 after 28 days on market.

Overview

A Spacious Canvas in the Heart of Melbourne's Arts Precinct

Nestled in the vibrant core of Melbourne's CBD within the Paramount Apartments, this east-facing two-bedroom apartment offers a unique opportunity to shape a space with your own creative vision. The residence is defined by its generous, light-filled proportions, featuring practical floorboards throughout and bathed in soft morning sun. The layout includes a large main bedroom, a well-sized second bedroom with built-in robes, and a spacious open-plan living and dining area that flows into a well-equipped kitchen. A light-filled, spacious bathroom completes the picture of a home ready to be transformed. A significant added benefit is a car park on the title, providing invaluable convenience in the city centre. Residents enjoy access to resort-style facilities, including a fully-equipped gym, a swimming pool, a sauna, and a tennis court. Your doorstep places you in the heart of the city's art precinct, with the Princess Theatre and Her Majesty's Theatre just moments away. You are also within easy reach of Melbourne's Chinatown, the Parliament and Treasury Gardens, and all the world-class dining and culture the CBD has to offer. This character-filled apartment is the perfect blank canvas for those with a creative eye to imprint their own style and create a truly unique urban sanctuary. Currently tenanted until 28 February 2026.

Features

2 bedrooms
1 bathroom
1 carspace
74.97 m² floor area
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 721/181 Exhibition Street is $545.25k.

Median value
$545.25k
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 721/181 Exhibition Street

2025
Sold
Undisclosed
Private Sale/Treaty on 14 Nov 2025 by Jeffrey Leong, of Paramount Residential

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, 815 two-bedroom apartments similar to 721/181 Exhibition Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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