OFF MARKET

501/608 Orrong Road
Armadale VIC 3143

Bedrooms: 3
Bathrooms: 4
Car spaces: 5
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Property Details for 501/608 Orrong Rd, Armadale

501/608 Orrong Rd, Armadale is a 3 bedroom, 4 bathroom Unit with 5 parking spaces.

Building Type
Unit
Local Government
Stonnington

Last Listing description (October 2024)

It is difficult to imagine a better place to take the plunge. This penthouse is pure big sky living, with panoramic views of the Melbourne skyline, including a rooftop pool that looks and feels magnificent. At the pinnacle of Armadale's sleek new Monument building, this penthouse rests upon some very strong foundations - a sky-high, three-bedroom, four-bathroom complex over two levels, with internal elevator access, across approx. 390sqm internally.

It sits directly across the road from the glorious grounds of Orrong Park, one of Stonnington's favourites for dog walkers, tennis players, and anyone seeking some quality green time. This lends the most wonderful, borrowed landscape for Monument, uncluttering the view and ensuring it can never be built out. The penthouse has leveraged this perfectly, with three metre floor-to-ceiling windows to create an environment rich in space, light and everchanging drama - underpinned by the entrance foyer which features an impressive sculptural stair and sky dome.

The main living lies on the lower level. Its expansive, open and punctuated with an ultra-modern kitchen, where every finish is of the highest standard, from the Calcatta marble, to the Gaggenau appliances and custom-made stone sink. Upstairs is a stylish retreat with a spacious lounge, and kitchenette, that can convert to a principal bedroom, opening to a private terrace with a pool and stunning city views. It includes an adjacent study and cellar space.

There's also lift access direct to the basement, where a private garage with five car spaces is on offer. Though walking is a strong option here with Beatty Avenue, High Street and Hawksburn Village all the shortest of strolls. The very definition of the high life.

Property History for 501/608 Orrong Rd, Armadale, VIC 3143

A timeline of how this property has performed in the market
  • 08 Oct 2024
    Listed for Sale Expressions of Interest Closing 12 November 5pm
  • 10 Mar 2021
    Listed for Sale $10,695,000

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About Armadale 3143

The size of Armadale is approximately 2.2 square kilometres. It has 7 parks covering nearly 2.9% of total area. The population of Armadale in 2011 was 8,760 people. By 2016 the population was 9,057 showing a population growth of 3.4% in the area during that time. The predominant age group in Armadale is 30-39 years. Households in Armadale are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Armadale work in a professional occupation. In 2011, 53.3% of the homes in Armadale were owner-occupied compared with 52.4% in 2016.

Armadale has 6,889 properties. Over the last 5 years, Houses in Armadale have seen a 14.14% increase in median value, while Units have seen a -0.02% decrease. As at 31 October 2024:

  • The median value for Houses in Armadale is $2,610,423 while the median value for Units is $691,415.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Armadale.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.