106/392 Spencer Street, West Melbourne, VIC 3003 | Apartment for sale | OnTheHouse
 
FOR SALE
$590,000 - $620,000

106/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 95m2
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Stylish Heritage Apartment with Soaring 4-Metre Ceilings, Expansive Terrace & Premium City-Edge Lifestyle

Immaculately presented beneath soaring 4-metre ceilings, this ultra-stylish two-bedroom, two-bathroom residence with a dedicated study zone delivers an exceptional blend of heritage character and contemporary luxury. Positioned within the iconic heritage-listed Bond Quarter building, this first-floor apartment offers an enviable city-edge lifestyle just moments from Melbourne's finest amenities.
Step outside and enjoy effortless access to Queen Victoria Market, Docklands, Marvel Stadium, Flagstaff Gardens, Southern Cross Station, free city trams, Melbourne University, RMIT University, Haileybury College, as well as coveted zoning for University High School and North Melbourne Primary School.
At the heart of the home, the beautifully appointed stone kitchen features a mirrored splashback, breakfast bar, pull-out pantry, twin sinks and a full suite of integrated Smeg appliances, including a dishwasher and easy-clean electric cooktop. The spacious open-plan living and dining area is enhanced by dramatic vaulted ceilings and floor-to-ceiling windows that flood the interior with natural light.
A standout feature is the expansive private terrace overlooking Spencer Street, framed by the building's original exposed red brick. This unique alfresco retreat provides the perfect setting for entertaining guests or enjoying a relaxed weekend breakfast.
Designed for modern living, the generous study zone incorporates a sleek built-in workstation with excellent storage, creating an ideal work-from-home environment. Both generously proportioned bedrooms include mirrored built-in robes and abundant natural light. The master suite enjoys a luxurious fully tiled ensuite complete with a rainfall shower, while the second bedroom benefits from its own built-in study nook. The main bathroom continues the premium finishes with floor-to-ceiling tiling, mirrored cabinetry and a rainfall shower.
Additional features include secure basement parking, a storage cage, concealed European laundry, split-system heating and cooling, double glazing, roller blinds, video intercom entry, designer pendant lighting, a welcoming entrance hallway and elegant oak flooring throughout.
Combining timeless heritage charm with sophisticated modern finishes and an unbeatable CBD-fringe location, this exceptional apartment offers a rare opportunity for owner-occupiers and investors alike.
Please contact Peter Doan on 0400 423 218 for inspection details.
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Property Details for 106/392 Spencer St, West Melbourne

106/392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 95m2. The place is currently for sale with Bow Residential.

Building Type
Apartment
Land Size
95m2
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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.

West Melbourne has 8,478 properties. Over the last 5 years, Houses in West Melbourne have seen a -10.98% decrease in median value, while Units have seen a -4.74% decrease. As at 30 June 2026:

  • The median value for Houses in West Melbourne is $1,178,496 while the median value for Units is $512,915.
  • Houses have a median rent of $723 while Units have a median rent of $630.
There are currently 39 properties listed for sale, and 18 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 413 properties were sold in the past 12 months in West melbourne.

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Peter Doan
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