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8B/27 Russell Street, Melbourne$1.10m
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For Saleapartment

8B/27 Russell Street

Melbourne, VIC 3000, Australia
$1.05m – $1.15m
2 bed 1 bath

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About this property

Attending our open for inspection? Please note, entry is via Flinders Lane. Commanding a prized corner position at Russell Street and Flinders Lane, Cavendish House is an iconic 1920s landmark crafted in the distinctive Chicagoesque style. Positioned above the renowned Gimlet restaurant, this generously proportioned two-bedroom apartment is one of just 29 residences, offering an exclusive boutique lifestyle. Defined by soaring ceilings, expansive heritage windows in every room, and a well-considered open-plan design, the residence captures the essence of quintessential Melbourne living. The serene living domain is bathed in natural light, creating a warm and inviting atmosphere. The kitchen is exceptionally spacious - on par with those found in many houses - while the oversized main bedroom with ensuite provides a luxurious retreat. A well-proportioned second bedroom offers added comfort and flexibility. Ideally positioned to enjoy the vibrancy of Flinders Lane and Collins Street, with world-class dining and premier shopping quite literally at your doorstep. Please contact Sam Fenna or Scott McElroy to arrange a private inspection.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
2 weeks ago

Repayment calculator

$5,333/month
$2,666 /fortnight
Loan $880,000 at 6.10% over 30 years

Upfront costs

Deposit$220,000
Stamp duty$60,500
Conveyancing (est.)$2,000
Total upfront$282,500
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 129% above the $480,000 median of 73 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

  • Southgate Landing - Berth 1 (ferry)561 m away
  • 7-Eleven912 m away
  • Unnamed225 m away
  • Wesley Place Urban Park709 m away
  • Unnamed758 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

Listing price changes

1 price change recorded for this property

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