3/114 Hardware Street, Melbourne, VIC 3000 sold on 02 January 2026 | OnTheHouse
SOLD
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Sold on 02 Jan 2026 for $623,000

3/114 Hardware Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 470m2
Sold By
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Bizarre Real Estate
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Property Details for 3/114 Hardware St, Melbourne

3/114 Hardware St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1989. The property has a land size of 470m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
93m2
Land Size
470m2
Local Government
Melbourne
Lot/Plan
3/PS320806

Last Listing description (January 2026)

EOI - Closing 12PM this Friday 02/01/2026.

Once upon a laneway - back when Hardware Street answered to Wrights Lane and horses were traded in red-brick bazaars - this building began its life. Fast-forward to now, and 3/114 Hardware Street stands as a beautifully reimagined ground-floor apartment, steeped in history and dressed for modern city living. One of only a handful of former office conversions in the CBD, this is laneway cool with a very respectable past life.

Offered for just the second time in 22 years, this generously proportioned 88m (approx.) home proves that inner-city living doesnt have to mean tip-toeing around your furniture. High ceilings stretch overhead, engineered blackbutt floors anchor the space, and the entire apartment has been stylishly refreshed to feel calm, confident and quietly cool.

The brand-new kitchen is ready for its close-up - sleek cabinetry, stone bench tops and a Whirlpool oven setting the scene for everything from weeknight pasta to overly ambitious dinner parties. The bathroom is fresh and contemporary with an integrated laundry, while a separate powder room ensures guests never have to awkwardly wait their turn.

The main bedroom is a conversation starter in the best possible way, featuring built-in wardrobes and a walk-in robe complete with a working exit sign - a charming nod to the apartments former life as an office. And just when you think thats quirky enough, a hidden rear door tucked inside the robe delivers exclusive access straight into the city, like a secret passage for locals only.

Bedroom two matches the scale of the first and also includes built-in robes, making the layout perfect for couples, families, guests or those with creative ambitions and a need for space.
The fully enclosed balcony is a shape-shifter - home office by day, reading nook by evening, winter garden when the mood strikes. Power points, sliding doors on either side, block-out blinds and double-glazed internal windows keep the city buzz where it belongs - outside. Add NBN (FTTB), secure video intercom and reverse-cycle heating and cooling, and youve got year-round comfort sorted.

Step outside and Melbourne does the rest. Bus stops at your door, Melbourne Central just 550 metres away, Free Tram Zone access, Queen Victoria Market within 700 metres, and laneway royalty like Mjlner, Hardware Socit and Kirks Wine Bar waiting downstairs.

Perfect for downsizers, investors, professionals or inner-city families, this is low-maintenance living without losing an ounce of character. Zoned for Carlton Gardens Primary and University High, and moments from RMIT and the University of Melbourne, its a location that overdelivers on every front.

This is not a shoebox. This is not generic.

This is quintessentially Melbourne - historic, spacious, fully renovated and gloriously different.

Miss it, and someone else will be telling this story instead.

OUTGOINGS (approximately per annum):

Owners Corporation Fees - $5804 per annum
Council Rates - $1309 per annum
Water Rates - $737 per annum

Expected Rental Returns: $670 - $720 Per Week (Unfurnished)

Property History for 3/114 Hardware St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$623,000
02 Jan 2026
Listed for Rent
$460/w
13 Feb 2014
  • 02 Jan 2026
    Sold for $623,000
  • 20 Dec 2025
    Listed for Sale EOI - $590,000 to $649,000
  • 22 Sep 2017
    Sold for $536,000
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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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 246 properties listed for sale, and 359 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2740 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.