305/429 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 501m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.
Our campaign for this rare split-level apartment has generated strong interest, and the vendor is now calling for Best & Final Offers by Monday 27 July at 3pm. If you've been considering this property, now is the time to submit your offer we recommend acting promptly to avoid missing out.
Discover a rare split-level apartment offering a lifestyle seldom found in Melbournes inner city. Positioned in the highly sought-after West Melbourne precinct, this unique residence combines generous indoor living with an exceptional 22.78m private terrace, creating the perfect balance of space, style and convenience.
Designed across two levels, the home provides genuine separation between the living and sleeping zones, delivering the feel of a townhouse while retaining the low-maintenance advantages of apartment living. A striking spiral staircase forms the centrepiece of the home, connecting the bright open-plan living and dining area with two well-appointed bedrooms upstairs.
The contemporary kitchen is equipped with quality appliances including a gas cooktop, dishwasher and integrated laundry, while a convenient ground-floor powder room adds extra practicality for guests. Upstairs, both bedrooms feature mirrored built-in robes and are serviced by a modern central bathroom.
Whether youre a first-home buyer looking for something with character, a professional wanting a vibrant city-fringe lifestyle, or an investor seeking a high-demand rental property, this apartment delivers an outstanding opportunity. Residents also enjoy access to a shared rooftop terrace with BBQ facilities and breathtaking CBD skyline views, making entertaining effortless.
Key Features
Rare split-level apartment offering genuine separation between living and sleeping zones.
Two spacious bedrooms with mirrored built-in robes.
Modern central bathroom plus additional powder room on the ground floor.
Open-plan living, dining and kitchen with quality appliances.
Gas cooktop, dishwasher and integrated laundry.
Expansive 22.78m private terrace ideal for entertaining or relaxing outdoors.
Feature spiral staircase creating architectural character throughout the home.
Access to residents rooftop terrace with BBQ facilities and panoramic CBD skyline views.
Secure apartment building completed in 2016.
Excellent opportunity for owner-occupiers, professionals and investors alike.
Specifications
Type / Apartment
Bedrooms / 2
Bathrooms / 1 + Powder Room
Floor Area / 49.58m (approx.)
Private Terrace / 22.78m (approx.)
Total Area / 72.36m (approx.)
Built / 2016
Rental Estimate / $660 per week
Council / Melbourne City Council
Zoning / Special Use Zone Schedule 6
Council Rates / $1,125.86 per annum
Body Corporate / $2,932.00 per annum
CT / Vol. 11655 Fol. 131
Lot / 306 on PS711838A
Location Benefits
Perfectly positioned on the city fringe, West Melbourne continues to be one of Melbournes most desirable lifestyle suburbs. Enjoy the convenience of living just moments from Melbourne CBD while benefiting from a quieter residential atmosphere. Surrounded by cafs, restaurants, shopping, parklands and world-class public transport, this location offers an enviable lifestyle for professionals, downsizers and investors alike.
Dont miss this opportunity to secure a distinctive split-level apartment with one of the largest private outdoor entertaining areas youll find in this price range. Contact us today to arrange your private inspection.
Nearby Amenities
Southern Cross Station approximately 8 minutes walk.
Docklands precinct approximately 10 minutes walk.
Flagstaff Gardens approximately 10 minutes walk.
Marvel Stadium approximately 10 minutes walk.
Queen Victoria Market approximately 15 minutes walk.
Melbourne CBD shopping, cafs and restaurants within minutes.
Free City Circle Tram and multiple public transport options nearby.
Easy access to CityLink, Melbourne Airport and major arterial roads.
Disclaimer: All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions (including but not limited to a propertys land size, floor plans, dimensions, building age and condition). Interested parties should make their own enquiries and obtain independent legal and financial advice.
The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.
West Melbourne has 8,477 properties. Over the last 5 years, Houses in West Melbourne have seen a -4.39% decrease in median value, while Units have seen a -0.76% decrease. As at 31 July 2026:
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