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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 Hawthorn VIC 3122
New Listings (last 30 days)
29
Average price
$914,448
Lowest price
$300,000
Highest price
$4,100,000
Other properties in this postcode

701/1 Drill Street, Hawthorn VIC 3122

$3,300,000 - $3,500,000

Listed: 28th Jul 2026
Updated: 31 days ago
Overview

Located in the prestigious suburb of Hawthorn, this north-facing penthouse apartment represents a rare opportunity to own a residence of exceptional scale and distinction. Far surpassing typical apartment offerings, it has been designed as a collection-worthy home that blends architectural excellence with livable luxury.

Spanning approximately 254 square metres indoors, the home provides a spacious environment rarely found in apartment living, ideal for families or those valuing generous room proportions. The thoughtful division of space accommodates multiple living zones, allowing for comfort and privacy whether entertaining guests or enjoying peaceful retreats.

Outdoor living is elevated through expansive terraces totaling 104 square metres, creating a harmonious flow between interior and exterior spaces. This connectivity enhances the feeling of space and offers prized northern exposure that bathes the home in natural light throughout the day. At night, residents can enjoy stunning city skyline views that provide a captivating backdrop to everyday living.

Highlights of the interior include elegant finishes such as engineered oak floors, natural stone marble benchtops, and a feature gas fireplace with Venetian plaster surrounds. High-end appliances including a fully integrated Liebherr refrigerator and gas cooktop complement this refined environment. Additional luxury is apparent in bespoke window furnishings, zoned air conditioning, and a sophisticated integrated CCTV security system, reinforcing both comfort and safety.

Five secure car spaces and two large storage rooms accompany the residence, underscoring its suitability for those with extensive vehicle or storage needs and signaling investment longevity. Residents also benefit from exclusive access to resort-style facilities, including a heated indoor pool, sauna, steam room, and gymnasium, supporting a lifestyle of wellness and rejuvenation.

Positioned moments from leading educational institutions, transport options, and the vibrant retail and dining ambiance of Glenferrie Road, the location strikes an ideal balance of connectivity and tranquillity. This penthouse is not merely a home but a statement residence, offering timeless quality and architectural calm in a sought-after setting.

Local Market Insights

In Hawthorn, Quiet Listings observed 29 new apartments entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $914,448. The property type mix of listed properties is predominantly Apartments at 62%, followed by houses (26%), and units (4%). The most active agency for apartments in the Hawthorn area is currently Jellis Craig, representing 31% of new listings, followed by Marshall White with 24%. 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.