1/114 Hardware Street, Melbourne, VIC 3000 sold on 22 October 2026 | OnTheHouse
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Sold on 22 Oct 2026 for $540,000

1/114 Hardware Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 470m2
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Property Details for 1/114 Hardware St, Melbourne

1/114 Hardware St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1989. The property has a land size of 470m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1989
Land Size
470m2
Local Government
Melbourne
Lot/Plan
1/PS320806

Last Listing description (October 2026)

Investors Please Note: The property could return in the vicinity of $650 to $780 per week. Set within a boutique collection of just 15 residences, this impeccably presented two-bedroom apartment delivers a perfect blend of style and sanctuary. Step outside your ground-floor retreat to explore Melbourne's iconic laneway cafs and restaurants. Enjoy premier dining with a European flair along famous Hardware Lane, where you can spend mornings sitting alfresco-style, sipping world-class barista coffee reminiscent of an Italian holiday.Step through the striking glass-roofed atrium into a thoughtfully designed home. The soaring near-three-metre-high ceilings instantly create a sense of openness and grandeur, a rare find in the CBD. The sleek, kitchen features a dishwasher, oven, and an easy-clean electric cooktop-perfect for effortless entertaining. Wonderfully spacious open-plan living and dining is framed by floor-to-ceiling glass, featuring ducted heating/cooling and double glazing for year-round comfort.Both generously sized bedrooms showcase peaceful garden wall views and extensive built-in robes. The stylish heated bathroom impresses with full-height tiles and a frameless shower, while a separate powder room and handy European laundry complete the considered floorplan.Hardware Street sits just a short walk from Melbourne Central and the Emporium Shopping Centre. World-class universities, Queen Victoria Market, Flagstaff Gardens are all moments away and Melbourne's legendary sports and entertainment is right at your fingertips.Offered with lucrative short-stay investment potential, you can hit the ground running with an option to purchase the high-quality furniture and decor on display. Whether running an Airbnb, a furnished rental, or living here yourself, the choice is yours, and the high rental yields make this prime location extremely attractive.Positioned in one of Melbourne's most coveted pockets, an opportunity of this calibre within a boutique block is exceptionally rare.Outgoings:Council Rates: $1,266.45 per annumWater Rates: $791.14 per annumOwners Corporation Fees: $1,270.40 per quarter

Property History for 1/114 Hardware St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$540,000
22 Oct 2026
Listed for Rent
$383/w
08 Oct 2014
  • 22 Oct 2026
    Sold for $540,000
  • 16 Sep 2026
    Listed for Sale $540,000
  • 13 Apr 2015
    Sold for $466,400
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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 64,807 properties. Over the last 5 years, Houses in Melbourne have seen a -22.07% decrease in median value, while Units have seen a 0.12% increase. As at 30 September 2026:

  • The median value for Houses in Melbourne is $1,472,763 while the median value for Units is $443,241.
  • Houses have a median rent of $760 while Units have a median rent of $680.
There are currently 274 properties listed for sale, and 284 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2249 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.