84 Reed Street, Albert Park

$2,400,000 - $2,600,000

4 Beds 4 Baths 2 Cars 288m2 Land Area
Just Listed
+ 9

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Inspections

Saturday 4 July 1:45 PM - 2:15 PM

Renovate Detonate Invest - 288m² (Approx.)

Expressions of Interest - All offers to be submitted by July 30th @6pm - Unless Sold Prior.

Situated in one of Albert Park's most sought-after streets, just metres from the foreshore, this amazing opportunity to renovate, extend or rebuild (STCA) on a substantial 288m² (approx.) allotment with the highly desirable advantage of rear lane access.

Whether you're dreaming of restoring the existing home to its former glory, creating a stunning contemporary residence, or designing a brand-new luxury home (STCA), this blue-chip address provides the perfect foundation for your vision.

Positioned just moments from the beach, Albert Park Village, vibrant cafés, restaurants, boutique shopping, trams and parklands, this is an increasingly rare opportunity to secure a sizeable parcel in one of Melbourne's most prestigious bayside suburbs.

Currently leased out as 4 separate tenancies ( periodically ) with a combined annual income of $84,000 approx.

Property Features:
288m² (approx.) allotment in a tightly held location
Valuable rear lane access offering exceptional flexibility
Outstanding renovation, extension or redevelopment opportunity (STCA)
Existing period home with immense scope to add value
Walk to the beach, Albert Park Village, cafés, restaurants and public transport
Surrounded by premium homes in a prestigious beachside setting

Opportunities of this calibre are few and far between. Secure an enviable Albert Park address and create a home that will stand the test of time.

Details

Address 84 Reed Street, Albert Park
Price $2,400,000 - $2,600,000
Property Type Residential
Property ID 223
Category House
Land Area 288m2

Property Documents

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