702/131 Smith St, Fitzroy is a 3 bedroom, 2 bathroom Unit with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024.
For Sale via Expressions of Interest closing Tuesday 24th February at 12:00pm
Penthouse level perfection flows freely and calmly across an expansive 234 sqm approx. setting of sophistication and luxury with this beautiful 3 bedroom, 2 bathroom apartment combining a huge entertainment terrace and spectacular city views high above the beating heart of Fitzroy. A substantial and secluded retreat sharing the top-floor with only one other residence in Freadman White Architects landmark carbon-neutral building, this light and airy single-level sanctuary is a masterpiece of contemporary design and aesthetics matched by a carefully-considered range of superior appointments and a breathtaking panoramic backdrop. From sunrise to sunset and the night-lit glimmer between, every room offers a captivating cinematic outlook through extensive double-glazed windows while delivering exceptionally spacious comfort complemented by ducted heating and cooling, solid timber flooring and the buildings solar electricity and centralized heat-pump hot water. A soffit concrete ceiling with track lighting highlights a large open-concept living and dining room where wide sliding doors create an indoor-outdoor oasis of remarkable scale featuring an 83 sqm approx. alfresco terrace, in-built BBQ, drinks fridge and a sweeping vista of Melbournes magnificent skyline. Finely honed stone and wood lend a sleek, natural look to a stunning gourmet kitchen that infused with high-end Gaggenau appliances (induction, oven, dishwasher) and an integrated Liebherr fridge/freezer, is a state-of-the-art culinary showpiece coupled with a breakfast island and a butlers pantry. Solid marble finishes continue in the stylish central bathroom with terrazzo tiling, as it does in the luxurious dual-vanity ensuite of a superb main bedroom with a walk-in robe that offers east-facing views towards the mountains as do 2 additional bedrooms including built-in robes. Further is a separate laundry, while there are 3 secure and undercover car spaces on title (not stacker) along with a dedicated EV charger, locked mail/parcel boxes, bicycle storage and a communal rooftop terrace amid Eckersley designed landscaped garden. Residence 702 presents a rare city-edge opportunity with an extraordinary sense of sky-high space and refinement that fits perfectly into the fabric of eclectic Fitzroy with its endless range of cafes, restaurants, wine bars, galleries, shops, supermarkets, parks and trams into the city.
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 8,867 properties. Over the last 5 years, Houses in Fitzroy have seen a 10.96% increase in median value, while Units have seen a 16.22% increase. As at 31 March 2026:
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