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

Location
Market Insights for Melbourne VIC 3004
New Listings (last 30 days)
23
Average price
$1,239,783
Lowest price
$200,000
Highest price
$5,500,000
Other properties in this postcode

101/K1 Union Street, Melbourne VIC 3004

Price Upon Application

Listed: 28th Jul 2026
Updated: 29 days ago
Overview

Set within the prestigious K1 Residences, this expansive apartment offers a luxurious and sophisticated urban lifestyle marked by architectural finesse and a seamless blend of indoor and outdoor living.

The property boasts three spacious bedrooms with built-in robes, complemented by two designer bathrooms that reflect modern elegance. The heart of the home is a dramatic entertainers' kitchen featuring stone benchtops, premium Swiss V-ZUG appliances, and a walk-in pantry, adjoining generous living and dining areas that open onto two enclosed balconies. These balconies provide a serene retreat perfect for morning coffee or intimate gatherings.

Natural light floods the interiors through floor-to-ceiling windows, accentuating the warm timber floors and the inviting gas fireplace that adds a cozy ambiance. A separate home office offers practical flexibility for remote work or could serve as an additional living or guest space, enhancing the apartment’s functional versatility.

  • Private elevator entry elevates the sense of exclusivity and convenience.
  • Secure basement parking for two cars ensures peace of mind.
  • The residence also includes a full sized laundry and modern reverse cycle heating and cooling for year-round comfort.

Situated adjacent to the iconic Albert Park and embraced by lush communal gardens, the apartment provides a tranquil environment amidst a vibrant city setting. Residents benefit from easy access to Melbourne’s renowned boulevards, parks such as Fawkner Park, boutique shopping and dining precincts along Chapel Street, as well as the eclectic attractions of Fitzroy Street in St Kilda and the popular Acland Street. With Melbourne CBD just a short tram ride away and the beach close by, this home is impeccably positioned to enjoy a diverse array of lifestyles and amenities.

This apartment suits discerning buyers seeking refined, five-star city living characterized by comfort, privacy, and exceptional convenience.

Local Market Insights

In Melbourne, Quiet Listings observed 23 new apartments entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $1,239,783. The property type mix of listed properties is predominantly Apartments at 96%, followed by commercial properties (4%). The most active agency for apartments in the Melbourne area is currently Marshall White, representing 13% of new listings, followed by Kay & Burton with 13%. 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.