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

404/223 Napier Street
Fitzroy, VIC 3065

$2,450,000 - $2,550,000

Apartment 3 beds 2 baths 2 cars
Listed Date: 20th Jun 2026
Last Updated: 21st Jun 2026
Overview

404 / 223 Napier Street

Positioned atop the acclaimed Milieu and award-winning Freadman White designed 223 Napier Street, this extraordinary fully customised penthouse delivers a rare calibre of luxury in the heart of Fitzroy. Completed in 2019 and celebrated for its architectural significance, the building stands as one of Napier Street’s most prestigious addresses, a refined expression of modernist-inspired design influenced by the iconic movements of the 60s, 70s, and 80s.

Crafted with uncompromising attention to detail, the residence showcases an extensive suite of bespoke finishes and imported materials, creating a home of remarkable sophistication and warmth. Polished plaster walls, expansive full-height glazing, sheer curtains, and oversized 3m by 1m floor tiles establish a timeless yet contemporary atmosphere, while sweeping city vistas provide a breathtaking backdrop to everyday living.

The expansive open-plan living and dining domain seamlessly extends to a full-width entertainer’s terrace, complete with mains gas connection for BBQ entertaining and panoramic outlooks across Fitzroy and beyond. At the centre of the home, the imported Italian Valcucine kitchen is a statement in both design and functionality, appointed with a marble island bench, integrated Liebherr refrigeration, Miele induction cooktop, oven and steamer, integrated dishwasher, and extensive custom storage.

Designed to deliver luxurious accommodation on a grand scale, the palatial main suite features imported Italian Lima wardrobes, a walk-in robe, and a beautifully appointed ensuite with heated flooring, heated towel rails, twin vanity, and indulgent soaking bath. A second luxurious bathroom services the generous guest accommodation and versatile third bedroom or executive home office.

Further elevating the residence is an exceptional selection of premium inclusions, including Rogerseller tapware throughout, dual-zone reverse-cycle heating and cooling, electric blinds, a striking double-sided gas fireplace servicing both the living area and master suite, extensive integrated storage, a dedicated drying cupboard, surround sound integration to the master, kitchen and living zones, and a fitted home cinema system with ceiling-mounted 4K projector and drop-down screen (available for purchase separately).

Securely positioned within one of Fitzroy’s most tightly held lifestyle precincts, the residence also includes two secure off-street car spaces via car stacker and a substantial ground-floor storage cage.

Perfectly positioned moments from Melbourne’s CBD, this extraordinary penthouse places you within walking distance of Fitzroy’s finest cafés, wine bars, restaurants, boutiques, and nightlife, with Brunswick Street, Smith Street, Gertrude Street, and Johnston Street all at your doorstep. A truly one-of-one residence combining architectural prestige, custom luxury, and unrivalled inner-city living.

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
404/223 Napier Street
Fitzroy VIC 3065
Market Insights for Fitzroy VIC 3065
New Listings (last 30 days)
8
Average price
$2,192,125
Lowest price
$1,349,000
Highest price
$3,500,000
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.