SOLD
Sold on 10 Feb 2024 for $2,900,000

51/51 Spring Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 191m2
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Sold By
Kay & Burton Stonnington
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Property Details for 51/51 Spring St, Melbourne

51/51 Spring St, Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 1973. The property has a floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
191m2
Local Government
Melbourne
Lot/Plan
9/PS413424

Last Listing description (May 2024)

Enviably situated in one of Spring Street's most prestigious residential buildings, this exquisitely presented, half floor, north-east facing apartment offers breathtaking views and the luxury, comfort and convenience of low-maintenance apartment living.

Brilliantly designed by renowned architect Nonda Katsalidis to offer the ultimate in style, quality and elegance, 51 Spring Street is located directly opposite the lush Treasury Gardens, making it Melbourne's equivalent of living opposite New York's Central Park.

Entering the newly renovated, fifth floor apartment via the private foyer, the eye is immediately drawn to the enormous kitchen, living and dining space and those magical, protected views from the Parliament and Treasury buildings to the MCG. Sliding doors open to a tiled terrace for relaxed, outdoor living.

The impeccably appointed kitchen offers stunning black cabinetry, stone benchtops and an oversized island to gather around, Miele/Neff stainless appliances and floor-to-ceiling pantry cupboards.

The tranquil master suite benefits from rear balcony access, a walk-in robe and a sparkling, marble ensuite with double vanity, freestanding bath and oversized shower. Two further bedrooms with built-in robes are serviced by a family bathroom with stone vanity and shower.

Other features of this impressive offering include a separate laundry, powder room, video security entry, integrated heating and cooling, on site building manager and secure basement car parking.

Situated within a tightly held building of just 20 residences, 51 Spring Street is perfectly positioned between the vibrant heart of the CBD and the parkland precinct. With easy access to an array of cafes and restaurants, Collins Street's high-end boutiques, the Arts Centre and NGV, theatres, Federation Square arts precinct and Melbourne's sporting arenas, this flawless residence offers a premium lifestyle that is second to none.

**If this property is of interest to you, please ensure that you register your interest by clicking on the 'Get in touch' button, so that you are kept up to date with inspections, price changes and similar properties that may be suitable. We assure you that your details remain confidential and are only used for the purpose of securing you a property. https://kayburton.com.au/privacy-policy **

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Property History for 51/51 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,900,000
10 Feb 2024
Listed for Rent
$1.65k/w
10 May 2019
  • 24 Apr 2024
    Listed for Rent $1,750 / week
  • 10 Feb 2024
    Sold for $2,900,000
  • 19 Dec 2023
    Listed for Sale SOLD: Undisclosed
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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 60,854 properties. Over the last 5 years, Houses in Melbourne have seen a -37.57% decrease in median value, while Units have seen a 0.09% increase. As at 30 September 2024:

  • The median value for Houses in Melbourne is $742,012 while the median value for Units is $459,555.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 304 properties listed for sale, and 276 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2015 properties were sold in the past 12 months in Melbourne.

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