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610/118 Russell Street, Melbourne$574,000
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610/118 Russell Street

Melbourne, VIC 3000, Australia
$549,000 – $599,000
1 bed 1 bath

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About this property

A rare opportunity in the highly prized Hero complex, this ultra-stylish 1 bedroom (plus full-sized study) corner apartment is a sleek showcase of north-facing luxury in the top end of town. Take an easy stroll to every city indulgence you could possibly imagine. Walk to free city trams, Flinders Street trains, boutique shopping, ground-floor cafes, the theatre district, universities, lush parkland, the MCG, and the best nightlife options in the whole of Melbourne. Nest or invest, do not let this one slip through your grasp! Spacious open-plan living and dining pivots a granite-finished kitchen showcasing a full-sized dishwasher. A sheltered balcony makes the most of a corner setting, attracts northern light, and captures the stunning city skyline in all its majesty. The sizeable bedroom is serviced by built-in robes and a deluxe bathroom with a marble-topped vanity and a fully tiled shower area over a bathtub. Additionally, a large study is the professional solution for working from home. Set on the 6th floor of a Fender Katsalidis-designed conversion (Eureka Tower, MONA), the landmark Hero building formerly housed the Melbourne Telephone Exchange and Postal Hall. Special features of the apartment include split-system heating and cooling, panel heating, a Euro-style laundry, a welcoming hallway entrance, roller blinds, recessed down-lighting, intercom security, an onsite building manager, and lift access from the Little Collins Street entrance. Offered for sale with an option to purchase the functional furniture on display, hit the ground running with a queen-sized bed, Fisher and Paykel fridge, television, dining table plus 4 chairs, a 3-seater sofa bed, desk and chair, washing machine, dryer, LG microwave, and so much more. Inspect this Paris-end retreat today! * Enter via Little Collins Street * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $305.00 per quarter approx. Water Rates: $150.00 per quarter approx. Owners Corporation Fees: $1,213.00 per quarter approx. Potential Rental Income: $650 per week approx. fully furnished

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$2,783/month
$1,391 /fortnight
Loan $459,200 at 6.10% over 30 years

Upfront costs

Deposit$114,800
Stamp duty$29,510
Conveyancing (est.)$2,000
Total upfront$146,310
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 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 28% 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 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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