OFF MARKET

708/1 Roy Street
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 77m2
Land area: 121m2
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Property Details for 708/1 Roy St, Melbourne

708/1 Roy St, Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 121m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2003
Floor Size
77m2
Land Size
121m2
Local Government
Port Phillip
Lot/Plan
708/PS446158

Last Listing description (February 2020)

Those seeking luxurious living will delight in this prestigious apartment in the soughtafter SCALA building. This phenomenal apartment is a lesson in beautiful design,
smart living, remarkable space and style. All whilst celebrating the most pictureperfect views over Albert Park Lake and across to Port Phillip Bay.

Upon stepping inside, you're struck by the sense of space and high-end touches. Be

welcomed by a marvellous living area, opening onto a deep, double balcony, making
the most of the wonderful water and district views. A gourmet kitchen with bespoke
cabinetry, stone benchtops and splashback, European appliances and abundant
storage are an absolute highlight.

The master bedroom showcases a large, walk in wardrobe and bathroom ensuite
whilst the second bedroom has built in robes and custom joinery. The updated
central modern bathroom is timeless, whilst there is a convenient separate laundry.
Also included with this spectacular property are two side by side car spaces, a large
storage cage, security entry, intercom and ducted heating and cooling.

Whilst located within walking distance of Melbourne's most prestigious tree-lined
boulevard, Albert Park Lake, Fawkner Park, Prahran Markets, restaurants, shops
and cafes of Fitzroy Street and South Yarra, there is easy freeway access. And the
tram network will take you directly into the city or the beach from your door.

When you buy into the tightly-held Scala building, you buy into a first-class lifestyle
complete with everything you'd expect from designer inner city living: an indoor
heated pool, gymnasium, sauna and steam rooms, residents' barbecue area, and
building concierge.

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Property History for 708/1 Roy St, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$735,000
17 Feb 2020
Listed for Rent
$395/w
18 Sep 2005
  • 17 Feb 2020
    Sold for $735,000
  • 04 Feb 2020
    Listed for Sale $690,000 - $750,000
  • 28 Apr 2011
    Sold for $675,000
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,421 properties. Over the last 5 years, Houses in Melbourne have seen a 15.95% increase in median value, while Units have seen a -5.15% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,437,130 while the median value for Units is $659,144.
  • Houses have a median rent of $620 while Units have a median rent of $625.
There are currently 86 properties listed for sale, and 49 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 631 properties were sold in the past 12 months in Melbourne.

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