Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

45/2 Exhibition Street
Melbourne, VIC 3000

Private Sale $3,000,000 - $3,300,000

Apartment 3 beds 3 baths 3 cars
Listed: 46 days ago
Updated: 12 days ago
Overview

Set within the iconic Herald Sun Building, constructed circa 1928, this exceptional three-storey penthouse apartment offers approximately 272 square meters of internal living space. It presents a rare opportunity to acquire a residence with house-sized proportions in the prestigious Paris end of Melbourne's Central Business District.

The apartment features soaring ceilings and steel-framed heritage windows that enhance its historic character. A spectacular glass atrium roof floods the space with natural light, creating a bright and inviting atmosphere throughout the home. The residence comprises three generously sized bedrooms and sun-drenched living areas, all finished with elegant period details that reflect the building's heritage.

Additional highlights include a gas fireplace that adds warmth and ambiance, rooftop skyline views that provide a stunning backdrop, and abundant natural light from all directions, contributing to a home of both prestige and personality.

This property is ideal for a variety of buyers including professionals, families, downsizers, or investors who value scale and security. The apartment also offers three secure, side-by-side basement car spaces, a private enclosed double storage room, and the convenience of an on-site building caretaker. The lock-and-leave lifestyle is complemented by premium privacy, making this a highly desirable urban residence.

The value per square meter is remarkable, especially when compared to recent building benchmarks which have sold for approximately $16,000 per square meter.

Residents will enjoy effortless access to some of Melbourne's finest amenities including Collins Street shopping precinct, Treasury and Botanic Gardens, the Melbourne Cricket Ground, Federation Square, and a wide array of dining, arts, and cultural institutions, all within a short walking distance.

This offering represents a once-in-a-decade opportunity for discerning buyers who appreciate a combination of history, generous scale, and an unbeatable location in the heart of Melbourne.

Local Market Insights

In Melbourne, Quiet Listings observed 143 new apartments entering the market over the last 30 days, down from 144 during the previous 30-day period, with an average advertised asking price of $582,483. The property type mix of listed properties is predominantly Apartments at 93%, followed by commercial properties (4%), and land (2%). Melcorp Real Estate was the most active agency in this area, representing 30.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
45/2 Exhibition Street
Melbourne VIC 3000
Measurements
Type Dimensions
Floor Area 272 m²
Market Insights for Melbourne VIC 3000
New Listings (last 30 days)
143
Average price
$582,483
Lowest price
$185,000
Highest price
$3,000,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.