SOLD
Sold on 17 Mar 2024 for $7,050,000

103/28 Powlett Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1028m2
Sold By
Kay & Burton Stonnington
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Property Details for 103/28 Powlett St, East Melbourne

103/28 Powlett St, East Melbourne is a 3 bedroom, 2 bathroom Unit. The property has a land size of 1028m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Land Size
1028m2
Local Government
Melbourne
Lot/Plan
103X/PS808106

Last Listing description (May 2024)

Designed by renowned Architects Alan Powell and Ed Glen, completed in 2019, this meticulously crafted boutique development, has been designed to complement its historical surrounds. Combining timeless luxury with a modern composition and complimented by lush landscaping by Myles Baldwin.

More recently, combining 2 apartments, this reimagined apartment offers unrivalled space offering 2 large separate living areas and 3 outdoor areas.

An open plan kitchen with full length stone island bench, includes Gaggenau appliances & Qasair rangehood with a fully fitted walk-in pantry. The vast formal and informal living and dining rooms, accentuated by soaring ceilings, bask in natural northern light and open through floor to ceiling sliding glass doors, to two interleading blue stone paved terraces, large enough for grand entertaining.

Two bedrooms of generous size and well positioned, both enjoy an outlook to the third courtyard with a lush vertical garden.

The main bedroom suite includes dual walk-in robes while the ensuite has an oval free-standing bath, feature mosaic shower wall and marble splashback.

A study or third bedroom is a versatile room perfect for guests and working from home.

Other features include a central bathroom, ducted zoned heating and cooling, Poliform robes, self-closing draws and bespoke cabinetry, a main and secondary entrance, secure entry, lift access to the 3-car basement, storage room and further storage.

This boutique, exclusive residence of only 10 apartments enjoys a prime AAA location, within walking distance to Melbourne's famous sporting precinct including the MCG, Heritage Fitzroy Gardens, Spring and Collins Street, the National Gallery of Victoria, shopping precincts of Richmond's' Bridge Road, Collingwood's award-winning Smith and Johnston Streets, great public transport infrastructure, with trams trains, bike paths and walking tracks.

Property History for 103/28 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$7,050,000
17 Mar 2024
  • 17 Mar 2024
    Sold for $7,050,000
  • 16 Feb 2024
    Listed for Sale Sold: Undisclosed

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About East Melbourne 3002

The size of East Melbourne is approximately 1.9 square kilometres. It has 10 parks covering nearly 46% of total area. The population of East Melbourne in 2011 was 4,714 people. By 2016 the population was 4,987 showing a population growth of 5.8% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation. In 2011, 42.8% of the homes in East Melbourne were owner-occupied compared with 43.6% in 2016.

East Melbourne has 5,703 properties. Over the last 5 years, Houses in East Melbourne have seen a -3.97% decrease in median value, while Units have seen a -14.90% decrease. As at 31 October 2024:

  • The median value for Houses in East Melbourne is $3,332,170 while the median value for Units is $724,506.
  • Houses have a median rent of $1,100 while Units have a median rent of $620.
There are currently 39 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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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.