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701/1 Drill Street, Hawthorn VIC 3122

$3,300,000 – $3,500,000

Listed: 15 days ago
Updated: 44 minutes ago
Overview

This exceptional penthouse apartment in Hawthorn offers a rare and collectible living experience, presenting a remarkable blend of architectural sophistication and generous proportions. Occupying a premier north-facing position, the residence benefits from abundant natural light, enhancing its spacious design and emphasizing its link between indoor and outdoor living through expansive terraces.

Boasting approximately 254 square metres of internal space and an additional 104 square metres of terrace area, the home provides volumes of space uncommon in apartment lifestyles, evoking the grandeur of a substantial private residence elevated high above the city.

The layout accommodates four spacious bedrooms and four finely appointed bathrooms, carefully designed to support the needs of families or those who appreciate distinct living zones for privacy and comfort. The property also includes five secure parking spaces and two significant storage rooms, underscoring its status as a premier asset with foresight for residential longevity.

Elegantly appointed finishes include engineered oak flooring, natural stone marble benchtops, a Venetian plaster fireplace surround, a feature gas fireplace, and fully integrated high-end kitchen appliances. Additional comforts arise from bespoke window furnishings, zoned air conditioning, and an integrated CCTV system, all ensuring a sophisticated and controlled living environment.

Residents enjoy exclusive access to resort-style wellness facilities, including a fully tiled heated indoor swimming pool, sauna, steam room, and a well-equipped gymnasium, fostering a lifestyle centred on wellbeing and leisure.

Perfectly situated within proximity to renowned universities, public transport options, and the vibrant retail and dining precinct of Glenferrie Road, this residence balances connectivity with a serene and established community setting.

Overall, this penthouse transcends traditional apartment living, offering a luxurious, light-filled home for discerning buyers who seek timeless quality, exceptional space, and a distinctive living environment that stands as a true residence to be cherished.

Local Market Insights

In Hawthorn, Quiet Listings observed 24 new apartments entering the market over the last 30 days, down from 31 during the previous 30-day period, with an average advertised asking price of $767,146. The property type mix of listed properties is predominantly Apartments at 60%, followed by houses (19%), and townhouses (17%). The most active agency for apartments in the Hawthorn area is currently Jellis Craig, representing 33% of new listings, followed by Marshall White with 17%. 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
Market Insights for Hawthorn VIC 3122
New Listings (last 30 days)
24
Average price
$767,146
Lowest price
$300,000
Highest price
$3,300,000
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