404/223 Napier StreetFitzroy VIC 3065
Property Details for 404/223 Napier St, Fitzroy
404/223 Napier St, Fitzroy is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom Unit sold in Fitzroy in the last 12 months.
Last Listing description (July 2026)
A Fully Customised Fitzroy Penthouse Above Award-Winning Design
Positioned atop the acclaimed Milieu and award-winning Freadman White designed 223 Napier Street, this extraordinary fully customised penthouse delivers a rare calibre of luxury in the heart of Fitzroy. Completed in 2019 and celebrated for its architectural significance, the building stands as one of Napier Streets most prestigious addresses a refined expression of modernist-inspired design influenced by the iconic movements of the 60s, 70s, and 80s.
Crafted with uncompromising attention to detail, the residence showcases an extensive suite of bespoke finishes and imported materials, creating a home of remarkable sophistication and warmth. Polished plaster walls, expansive full-height glazing, sheer curtains, and oversized 3m x 1m floor tiles establish a timeless yet contemporary atmosphere, while sweeping city vistas provide a breathtaking backdrop to everyday living.
The expansive open-plan living and dining domain seamlessly extends to a full-width entertainers terrace, complete with mains gas connection for BBQ entertaining and panoramic outlooks across Fitzroy and beyond. At the centre of the home, the imported Italian Valcucine kitchen is a statement in both design and functionality, appointed with a marble island bench, integrated Liebherr refrigeration, Miele induction cooktop, oven and steamer, integrated dishwasher, and extensive custom storage.
Designed to deliver luxurious accommodation on a grand scale, the palatial main suite features imported Italian Lima wardrobes, a walk-in robe, and a beautifully appointed ensuite with heated flooring, heated towel rails, twin vanity, and indulgent soaking bath. A second luxurious bathroom services the generous guest accommodation and versatile third bedroom or executive home office.
Further elevating the residence is an exceptional selection of premium inclusions, including Rogerseller tapware throughout, dual-zone reverse-cycle heating and cooling, electric blinds, a striking double-sided gas fireplace servicing both the living area and master suite, extensive integrated storage, a dedicated drying cupboard, surround sound integration to the master, kitchen and living zones, and a fitted home cinema system with ceiling-mounted 4K projector and drop-down screen (available for purchase separately).
Securely positioned within one of Fitzroys most tightly held lifestyle precincts, the residence also includes two secure off-street car spaces via car stacker and a substantial ground-floor storage cage.
Perfectly positioned moments from Melbournes CBD, this extraordinary penthouse places you within walking distance of Fitzroys finest cafs, wine bars, restaurants, boutiques, and nightlife, with Brunswick Street, Smith Street, Gertrude Street, and Johnston Street all at your doorstep. A truly one-of-one residence combining architectural prestige, custom luxury, and unrivalled inner-city living.
Property History for 404/223 Napier St, Fitzroy, VIC 3065
- 02 Jul 2026Listed for Sale $2,450,000 - $2,550,000
- 02 Jul 2026Sold for $2,395,000
- 25 Jun 2025Listed for Sale THE DEAL: $2.3M - $2.5M
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About Fitzroy 3065
The size of Fitzroy is approximately 1.4 square kilometres. There are 8 parks, covering nearly 2.7% of the total area. The population of Fitzroy in 2016 was 10445 people. By 2021 the population was 10431 showing a population decline of 0.1% in the area during that time. The predominant age group in Fitzroy is 30-39 years. Households in Fitzroy are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation.In 2021, 38.10% of the homes in Fitzroy were owner-occupied compared with 34.50% in 2016.
Fitzroy has 8,861 properties. Over the last 5 years, Houses in Fitzroy have seen a -7.80% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2026:
- The median value for Houses in Fitzroy is $1,592,710 while the median value for Units is $861,600.
- Houses have a median rent of $1,000 while Units have a median rent of $700.
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