701/118 Russell StreetMelbourne VIC 3000
Property Details for 701/118 Russell St, Melbourne
701/118 Russell St, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1954. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (June 2024)
One-Of-A-Kind in The Hero Building!
**By Appointment Only, Please Call Agent To Book Inspection**
**Fully Furnished**
This contemporary, Nonda Katsalidis masterpiece will take your breath away upon first inspection. Meticulously renovated to the highest standard the owner has enjoyed the lifestyle it offers and is sure the lucky tenant won't be disappointed either. Superbly located in the heart of the CBD on the corner of Russell and Little Collins Streets, you will be spoilt for choice with a myriad of cafes, bars, shops and restaurants right at your doorstep. This well-designed property boasts soaring ceilings and is flooded with natural light, portraying a vast, open-plan feel not commonly afforded to inner-city dwellings.
Enjoy views of iconic Melbourne landmarks from your South-facing balcony, leading out from a spacious open-plan living and dining area. A stunning kitchen with granite stone benchtops finishes & imported appliances are sure to excite the entertainer, plus the convenience of a separate modern bathroom for guests. Also on offer in this fantastic apartment is a large master suite featuring it's very own ensuite fitted with bath and granite stone benchtops and adjoining dressing room fitted with built in luxurious cabinetry and island bench. The second bedroom is spoilt with it's own bathroom and is perfect for guests. On show are high quality furnishings and d?cor, perfect for a stylish professional or couple needing a city base.
Additional features include a resident building manager, double-glazed windows and reverse cycle heating/air-conditioning for year round comfort!
Property History for 701/118 Russell St, Melbourne, VIC 3000
- 17 Apr 2024Listed for Rent $1300 WEEKLY
- 06 Feb 2023Listed for Rent $1,150 per week
- 16 Aug 2022Listed for Rent $1075 per week
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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 64,327 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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