601/398 Elizabeth Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
 
FOR RENT
$650 per week

601/398 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Available From
Tuesday 1 September 2026| Bond $2,824
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Two Storey Private Loft with Unique Access & City Charm

Please note, this property is UNFURNISHED
Tucked away in the iconic Empire Apartments, this rare two storey loft-style residence offers a level of privacy and exclusivity that's hard to come by in the heart of the CBD. With your own private entrance-completely separate from the main building-this is the only apartment on the level, creating a unique city sanctuary for those who appreciate both luxury and solitude.
Upon entry, you are welcomed by soaring ceilings and a beautifully designed hallway that leads into the heart of the home. The contemporary kitchen is sleek and sophisticated, featuring crisp white cabinetry, stone benchtops, a cooktop, an under-bench oven, and a mirrored splashback, making it perfect for both entertaining and quiet nights in. The open-plan living and dining area is bathed in natural light, complemented by warm timber flooring and a striking curved architectural column that adds visual interest and elegance to the space. For added convenience, there is a powder room on the lower level, ideal for guests.
Upstairs, the loft-style bedroom retreat offers a peaceful escape, complete with plush carpeting, built-in robes, and sweeping city views. The stylish ensuite bathroom is beautifully finished, featuring designer lighting, a spacious walk-in rainfall shower, floor-to-ceiling tiles, and sleek modern fixtures.
As part of the prestigious Empire Apartments, residents have access to an impressive range of amenities, including an indoor swimming pool, gym, sauna, yoga room, residents' lounge, private dining area, library, theatre room, and table tennis room. The rooftop sundeck offers breathtaking panoramic views, while a 24/7 concierge and building security ensure both comfort and peace of mind.
Located in the vibrant heart of Melbourne, this apartment places you just steps away from Melbourne Central, RMIT, Queen Victoria Market, and an endless selection of cafes, bars, shops, and public transport options. This one-of-a-kind residence is perfect for professionals or couples seeking a sophisticated and private home in the city.
Enquire now to arrange an inspection - apartments like this don't come around often.

Property Details for 601/398 Elizabeth St, Melbourne

601/398 Elizabeth St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with Ray White Southbank | Port Phillip.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,494 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 304 properties listed for sale, and 230 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2559 properties were sold in the past 12 months in Melbourne.

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Contact agent
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Danielle Crumblehulme
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Rhys Brown
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Ray White Southbank | Port Phillip
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