701/131 Smith St, Fitzroy is a 3 bedroom, 2 bathroom Apartment with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom Apartment sold in Fitzroy in the last 12 months.
For Sale via Expression of Interest closing Tuesday 25th November at 12:00pm
Apartment 701 is one of only two residences on the top floor, offering uninterrupted, sweeping 180-degree views across Fitzroy’s historic streetscape, with the city skyline forming a breathtaking backdrop.
Designed by the renowned architectural firm Freadman White, this exceptional residence has been masterfully crafted to maximise its elevated northern orientation. Expansive full-height, wide-set windows invite an abundance of natural light and cross-ventilation, bathing the interiors with warmth and openness while framing captivating urban vistas.
A remarkable 91sqm private, full-length terrace runs the entire width of the apartment, the perfect setting for outdoor dining, relaxed entertaining, or simply enjoying the ever-changing Fitzroy skyline in complete privacy.
Inside, the open-plan living and dining zone is defined by its generous proportions, soaring ceilings, and luxurious material palette. A marble-topped custom entertainment unit adds a touch of elegance, while the state-of-the-art kitchen is appointed with premium Gaggenau appliances including dual ovens, a fully integrated Liebherr French-door refrigerator, a walk-through butler’s pantry, and sleek bespoke cabinetry. A separate laundry provides added functionality and convenience.
The residence features three spacious bedrooms, including a magnificent master suite with dual northern and eastern aspects. This sanctuary includes extensive timber-fronted robes, and a finely detailed ensuite adorned with terrazzo tiling and a walk-in shower offering elevated views over the charming Peel Street below.
Further enhancing this premium lifestyle offering are three secure car spaces with an independent EV charging station, double glazing throughout, concealed reverse-cycle air conditioning, and access to a beautifully appointed communal rooftop terrace on Level 8.
An extraordinary opportunity to secure a sky-high sanctuary in one of Melbourne’s most character-filled neighbourhoods, Apartment 701 offers a rare blend of architectural excellence, sophisticated living, and uninterrupted outlooks, all within walking distance to the very best of Fitzroy.
The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of 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 8,853 properties. Over the last 5 years, Houses in Fitzroy have seen a 7.60% increase in median value, while Units have seen a 10.15% increase. As at 31 December 2025:
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