SOLD
Sold on 04 Jun 2024 for $2,650,000

702/57 Spencer Street
Docklands VIC 3008

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 243m2
Land area: 300m2
Sold By
Kay & Burton Stonnington
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Property Details for 702/57 Spencer St, Docklands

702/57 Spencer St, Docklands is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1893. The property has a land size of 300m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
1893
Floor Size
243m2
Land Size
300m2
Local Government
Melbourne
Lot/Plan
702/PS331362

Last Listing description (August 2024)

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Welcome via Grand Hotel entrance.

'The Dome Residence'

Nestled at the top of one of Melbourne's most memorable buildings, awaits the unparalleled opportunity to own 300 sqm of luxury living space with stunning views within what is perhaps the city's most unique penthouse.
Situated in The Grand, the magnificent James Moore-designed 1880s building rich in architectural grandeur and period detail, the spectacular apartment is undoubtedly the best residence in the building.

Stepping into the beautifully-maintained The Grand is like stepping back in time, one where grand staircases, ornate columned arches and soaring ceilings reigned supreme. The penthouse embraces its heritage setting, combining that with modern luxury and opulent detail to create a welcoming and very convenient oasis in the heart of the city.

Entering the apartment via the welcoming hallway, a beautiful curved staircase takes you up to the penthouse level where a sunny, open-plan kitchen, living and dining space with extensive joinery is a spacious retreat. French doors open to an east-facing 'New York' style 45 sqm private entertainer's terrace which boasts enchanting city views over Spencer Street and beyond.

Back inside and the well-appointed kitchen pairs a granite island and stainless appliances with extensive cabinetry and is the ideal spot to whip up a gourmet meal while taking in the mesmerising views.

Two spacious bedrooms on this level include the extraordinary master suite, which as well as benefitting from a crisp marble ensuite and spacious walk-in robe, has a soaring 7.5 m domed ceiling and triple-aspect circular windows that have to be seen to be believed.

Another light-filled bedroom with built-in robe and access to a sparkling family bathroom and laundry rounds out the amenity of this floor while downstairs a further bedroom with sitting room and ensuite offers self-contained accommodation suitable for extended family/friends/au pairs.

With central heating and cooling, storage and secure basement parking for two cars, this once-in-a-lifetime offering is further enhanced by exclusive access to the Grand Hotel's facilities which include a fully equipped gym, heated pool with retractable roof, spa, sauna and tranquil 'hidden garden' with barbecue facilities.

Enviably situated near to the cultural and sporting delights of one of the world's most liveable cities, the penthouse is within walking distance of Southern Cross Station and the prestigious Crown Entertainment Complex with its luxury boutiques and five-star restaurants including the acclaimed Nobu and Rockpool.

Property History for 702/57 Spencer St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$2,650,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $2,650,000
  • 30 Apr 2024
    Listed for Sale Sold: $2,650,000
  • 02 Aug 2023
    Listed for Sale CONTACT AGENT
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Docklands in 2011 was 5,790 people. By 2016 the population was 10,974 showing a population growth of 89.5% in the area during that time. The predominant age group in Docklands is 20-29 years. Households in Docklands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Docklands work in a professional occupation. In 2011, 36.4% of the homes in Docklands were owner-occupied compared with 34.5% in 2016.

Docklands has 15,618 properties. Over the last 5 years, Houses in Docklands have seen a -51.20% decrease in median value, while Units have seen a -9.46% decrease. As at 31 October 2024:

  • The median value for Houses in Docklands is $1,032,525 while the median value for Units is $590,125.
  • Houses have a median rent of $660 while Units have a median rent of $650.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 684 properties were sold in the past 12 months in Docklands.

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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.