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301 Rae Street, Fitzroy North, Vic 3068 For Sale
301 Rae Street, Fitzroy North, Vic 3068 301 Rae Street, Fitzroy North, Vic 3068-Image 301 Rae Street, Fitzroy North, Vic 3068-Image 301 Rae Street, Fitzroy North, Vic 3068-Image 301 Rae Street, Fitzroy North, Vic 3068-Image 301 Rae Street, Fitzroy North, Vic 3068-Image 301 Rae Street, Fitzroy North, Vic 3068-Image 301 Rae Street, Fitzroy North, Vic 3068-Image

301 Rae Street, Fitzroy North, Vic 3068

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Apartment
Type
4
Bedrooms
4
Bathrooms
2
Parkings

Published on Thursday, September 03, 2026 ( See property details for 301 Rae Street, Fitzroy North, Vic 3068)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

An exquisite penthouse in Fitzroy North offering panoramic city views, luxurious outdoor living, and sophisticated design for both entertaining and retreat.

🏡 Property Highlights

  • Stunning 180-degree CBD and skyline views from the expansive living zone
  • Spacious 148 sqm wraparound outdoor terrace with lush planting
  • Luxurious main bedroom suite with terrace access, ensuite, and cross ventilation
  • Modern kitchen with butler’s pantry and feature bar, ideal for entertaining
  • Private secondary bedrooms with ensuites and terraces
  • Elevated penthouse living with direct lift access and artistic entry portal

✨ Key Features

  • Balcony
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Secure Parking
  • Waterfront / Views
  • Fireplace
  • Walkability Score

Fitzroy North is a vibrant suburb renowned for its eclectic culture, lush parks, and walkable streets. It offers a perfect blend of lively cafes, boutique shopping, and green spaces, making it ideal for those seeking a dynamic yet relaxed lifestyle. The area boasts excellent public transport links and proximity to Melbourne’s CBD, providing both convenience and community charm.

What are the main lifestyle benefits of living in this penthouse?
This penthouse offers a luxurious lifestyle with panoramic city views, spacious outdoor entertaining areas, modern amenities, and a private retreat-like atmosphere, perfect for both relaxing and hosting guests.
How is the layout designed for privacy and entertaining?
The residence features a central hallway dividing the social southern wing from the private northern retreat, with secondary bedrooms having their own ensuites and terraces, ensuring privacy for all residents.
What are the key features that enhance daily living?
Key features include a modern kitchen with butler’s pantry, bioethanol fireplace, luxurious main bedroom with ensuite and terrace, and cross ventilation for comfort.
Is the outdoor space suitable for entertaining or relaxing?
Yes, the 148 sqm wraparound terrace is layered with planting, providing ample space for outdoor dining, relaxation, and enjoying the city views.
What are the views like from this penthouse?
The penthouse offers stunning 180-degree views of the Melbourne CBD and skyline, visible from the living areas and outdoor terraces.
Are there any upcoming renovations or planned developments in the building or surrounding area that could affect the property? What are the strata or body corporate fees, and what do they cover? Are there any restrictions or easements on the outdoor terraces or building structure? Has the property been inspected for any structural issues or water ingress, especially given its height? Are there any noise or privacy concerns related to nearby buildings or street activity? What are the long-term maintenance costs associated with the building and outdoor spaces? Is the property compliant with all local building codes and regulations? Are there any planned upgrades or assessments scheduled for the building’s common areas? What are the insurance requirements and costs for a high-rise apartment like this? Is there any history of flooding or bushfire risk in the area that could impact the property?

301 Rae Street, Fitzroy North, Vic 3068 - More Details

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The Penthouse

The lift opens directly into a quiet entry portal with artwork and a welcome station, creating a small pause before the home unfolds. The plan reveals itself gradually. A central hallway divides the residence into two wings, separating entertaining from retreat. Looking south, your eye moves through the dining room to the skyline, framed by floor-to-ceiling glazing that changes with the day.

The southern wing is the social heart. An expansive kitchen, dining and living zone spans the entire facade of floor-to-ceiling glass with 180 degree views of the CBD and beyond. It is designed for people who enjoy hosting, from long lunches to evenings that stretch into night.

The butler’s pantry absorbs the functional work, the feature bar keeps everything close, and a bioethanol fireplace anchors the living room
in winter.

To the north, the atmosphere softens. The main bedroom suite sits against the terrace with gentle light and cross ventilation. The ensuite elevates daily routines, from morning light at the basin to sunset from the bath. The second living and study area is private and removed from the main living. Every secondary bedroom maintains privacy, outlook and its own ensuite and terrace. Morning sun moves across the eastern edge, waking each room gradually. Nothing
feels secondary.

Outside, the wraparound terrace becomes a perimeter of breathing room, 148 square metres of outdoor space layered with planting that softens the building edge and creates separation from the street below. The home is not fixed or prescriptive. Future owners can reshape spaces and personalise the layout. The architecture
supports life rather than dictating it.

In many ways, the penthouse reflects Fitzroy North itself. You can engage with the energy of Melbourne when you choose to, then retreat entirely when you need to.

A place to entertain, a place to disappear, a place to watch the city move while remaining removed from its noise.
Type
Apartment
Bedrooms
4
Bathrooms
4
Parkings
2
Study
1
House Size
468 m²

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