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203/390 Little Collins Street, Melbourne$775,000

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For Saleapartment

203/390 Little Collins Street

Melbourne, VIC 3000, Australia

$750,000 – $800,000

2 bed 2 bath

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Listing description

About this property

A rare offering within the iconic Excelsior building, designed by Cedric Ballantyne, the Excelsior stands proudly on the corner of McKillop & Little Collins Street. This oversized two bedroom residence is sure to impress those seeking a spacious home in the heart of the CBD. Featuring an enormous open-plan living and dining area, with herringbone timber flooring and a curved Juliette balcony overlooking McKillop Street. The entertainer's kitchen area includes Marble bench tops, ceramic electric cook top, dishwasher, induction cook top, dishwasher plus an abundance of storage, drawer, cupboard, and Shelving. Two bedrooms, main with walk in robe and ensuite bathroom, second has built in robes and would be ideally suited for a study or work from home space. The central bathroom includes spa bath and laundry facilities. Additional features include heritage casement windows, high ceilings, central heating, secure intercom entry, and lift access. A prized location in the heart of Little Collins Street, providing unparalleled access to cafes and restaurants along Hardware Lane & McKillop Street, stroll to Bourke Street mall, boutique shopping, and laneway treasures you will love the convenience of this fabulous location. An incredible chapter awaits you in one of Melbourne's most desirable heritage conversions.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 2
Bathrooms: 2
Listed: 2 months ago

Repayment calculator

$3,757/month

$1,879 /fortnight

Loan $620,000 at 6.10% over 30 years

Upfront costs

Deposit$155,000

Stamp duty$41,570

Conveyancing (est.)$2,000

Total upfront$198,570

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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 2% above the $759,000 median of 60 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

Elizabeth Street/Lonsdale Street (bus) — 342 m away
Rapha — 510 m away
Market Street Park — 280 m away
Unnamed — 556 m away
Unnamed — 596 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.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Melbourne Primary School

Public transport

10 stops within 1.5km

Nearest: Collins Street/Queen Street (0.1km)

Traffic

Moderate congestion

Peak hour traffic (7-9am and 4-6pm) results in significant congestion on surrounding streets, particularly on Collins Street and Swanston Street. Traffic flow is heavily impacted by CBD commuter volumes, with delays of 10-20 minutes typical during peak periods.

Noise

Moderate noise

Nearest: road (0.7km)

Risk & safety

Flood risk

Medium

Melbourne metropolitan areas exhibit variable flood risk depending on proximity to the Yarra River, Maribyrnong River, and local creek systems. Properties within LSIO-mapped zones (particularly in lower-lying suburbs like Southbank, West Melbourne, Collingwood, and areas along the Yarra flats) face medium flood risk from riverine and overland flow events. Non-overlay areas in elevated suburbs carry minimal risk; however, recent climate and development changes have prompted expanded flood study coverage across metro Melbourne.

Bushfire risk

Moderate

BAL: BAL-19

Crime profile

above average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Nearby development

6 projects nearby

Melbourne's inner suburbs and CBD are experiencing sustained development pressure driven by the Metro Tunnel project, waterfront renewal in Docklands and Southbank, and infill residential growth in established inner-ring precincts like Carlton, Fitzroy, and Brunswick. Development activity is concentrated on mixed-use, medium-to-high-density residential projects, heritage adaptive reuse, and transport-oriented development, with significant infrastructure investment reshaping connectivity across the metropolitan area.

Heritage

Heritage listed

Melbourne's central and inner suburbs contain one of Australia's most significant concentrations of Victorian and Edwardian heritage architecture, with extensive Heritage Overlays and multiple State Heritage Register listings. Many properties are subject to strict development controls to preserve the city's 19th-century urban character and architectural fabric. The city centre, Fitzroy, South Yarra, and surrounding precincts represent some of Australia's most heritage-protected urban areas.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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