OFF MARKET

1701/181 Exhibition Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 173m2
Land area: 4365m2
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Property Details for 1701/181 Exhibition St, Melbourne

1701/181 Exhibition St, Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1996. The property has a land size of 4365m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
1996
Floor Size
173m2
Land Size
4365m2
Local Government
Melbourne
Lot/Plan
1701/PS328892

Last Listing description (November 2024)

The epitome of living in the heart of the CBD, this sophisticated Sub Penthouse residence in the prestigious Paramount building offers a luxurious blend of technology and elegant design.

Spanning a generous corner position on the seventeenth floor, the apartment is bathed in natural light and boasts breathtaking easterly views of the city skyline, including Parliament House, St Patrick's Cathedral, Treasury Gardens and the distant mountains.

The interiors have been meticulously crafted to create a serene and luxurious living environment. A spacious open-plan living and dining area flows effortlessly onto a private balcony, perfect for entertaining or enjoying quiet moments. The state-of-the-art kitchen is a chef's dream, featuring sleek finishes and cutting edge appliances.

Each of the three bedrooms includes a luxurious ensuite bathroom, and a separate powder room and laundry add to the convenience of this exceptional home.

Additional features include:

- Adaptive LED lighting that mimics natural sunrise and sunset
- Individually zoned underfloor heating and air-conditioning
- Timber floors and custom lighting throughout
- Rolls Royce star ceilings in the bedrooms
- Motorised curtains and blinds throughout
- Speakers, heating and bbq on balcony
- Liebherr double-door fridge
- Liebherr wine fridge
- Gaggenau appliances
- Ecosmart fireplace

Residents of the Paramount complex also enjoy exclusive access to a heated pool, spa, gymnasium, sauna, outdoor entertaining areas and tennis court.

Positioned in the heart of the city, this residence offers unparalleled convenience. The vibrant Theatre District, Chinatown, and QV shopping precinct are all within walking distance, as are free trams, Parliament Station, and a plethora of cafes, restaurants, and cinemas.

Property History for 1701/181 Exhibition St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,000,000
22 Mar 2015
Listed for Rent
$1.40k/w
26 Apr 2022
  • 18 Nov 2024
    Listed for Sale $2,000,000 - $2,200,000
  • 10 Jul 2024
    Listed for Sale $2,250,000
  • 06 Apr 2022
    Listed for Rent $1,400 / week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,846 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 358 properties listed for sale, and 310 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2134 properties were sold in the past 12 months in Melbourne.

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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.