1114/222 Russell StreetMelbourne VIC 3000
Property Details for 1114/222 Russell St, Melbourne
1114/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 3115m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2002.
Last Listing description (October 2022)
Situated on the eleventh floor is this generous one-bedroom apartment measuring some 65sqm internally plus an 8 sqm balcony. The huge open plan living/dining area offers excellent natural light and commanding Northerly views over Melbourne's cityscape. The apartment has an adjoining well equipped kitchen plus king sized bedroom with BIRs and sparkling en suite bathroom including shower over bath and euro laundry.
The building offers an impressive pool, spa, sauna and gym, in addition to a restaurant, bar and conference facilities. The property is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne.
This is a top quality property that will make an impressive city residence or be a welcome addition to your investment portfolio .
Leased to the Mantra hotel with the owners currently enjoying a $509/week rental, the purchaser will have the opportunity to either extinguish the current lease and occupy the apartment from 1st November 2023, or lease to Mantra for another year.
Inspection is by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.
Property History for 1114/222 Russell St, Melbourne, VIC 3000
- 24 Jun 2022Listed for Sale $380,000
- 27 Feb 2002Sold for $262,500
Recent sales nearby
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of 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 64,242 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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