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1004/118 Russell Street, Melbourne$1.05m
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For Saleapartment

1004/118 Russell Street

Melbourne, VIC 3000, Australia
$1m – $1.10m
2 bed 2 bath 1 car101 m²

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About this property

Expressions of Interest - Closing Tuesday, 28th July at 2 pm (Unless Sold Prior) Some addresses place you in the city. Others place you at the very centre of it. Positioned on the prized corner of Russell Street and Little Collins Street, this exceptional residence within the iconic Hero Building delivers a lifestyle few can match. From its full-length terrace overlooking the historic spires of St Michael's and Scots' Churches to its expansive interiors framed by floor-to-ceiling glass, every element celebrates the energy, beauty and convenience of Melbourne city living. Designed by acclaimed architect Nonda Katsalidis, Hero remains one of Melbourne's most recognised residential landmarks. Originally the city's telephone exchange, the building's celebrated transformation created a tightly held address highly regarded by discerning owner-occupiers and investors alike. Inside, the generous open-plan living and dining areas extend effortlessly to the terrace, creating an ideal setting for both relaxed everyday living and entertaining. Two well-proportioned bedrooms offer comfortable accommodation, including a spacious main suite complete with an ensuite and extensive built-in robes. The second bedroom features built-in robes and is serviced by a stylish central bathroom. The kitchen is well-appointed with gas cooking and a dishwasher, while a separate laundry, and two large storage cages are a rare inclusion in apartment living adding further appeal for those seeking house-like practicality and convenience. Beyond your front door, Melbourne unfolds in every direction. World-class restaurants, laneway cafés, luxury retail, theatres and cultural institutions are all moments away, placing the very best of the Paris End at your doorstep. Secure building management and on-site staff complete a lifestyle defined by comfort, convenience and prestige. A landmark building. A premier Paris-End position. A rare opportunity to secure one of Melbourne's enduring residential icons. Highlights: - Two storage cages, a rare offering within the building - Full-length terrace with iconic church and city views - Freshly painted throughout - Brand new flooring throughout - Floor-to-ceiling windows with abundant natural light - Spacious open-plan living and dining area - Designed by renowned architect Nonda Katsalidis - Positioned within the iconic Hero Building - Prime Paris End location at Russell & Little Collins Street - Secure building with on-site management and staff - Secure car space

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
101 m²
Listed
2 weeks ago

Repayment calculator

$5,090/month
$2,545 /fortnight
Loan $840,000 at 6.10% over 30 years

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 133% above the $450,000 median of 77 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Melbourne Central rail replacement stop (bus)658 m away
  • 7-Eleven735 m away
  • Unnamed50 m away
  • Wesley Place Urban Park435 m away
  • Unnamed533 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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Price history

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1 price change recorded for this property

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