FOR SALE
EOI - Closing 25 January 2025

1405/8 Bowen Crescent
Melbourne VIC 3004

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
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'Albert Place': Sub-penthouse Luxury with Stunning City and Bay Views

Proudly at the very pinnacle of Melbourne's inner-urban lifestyle experience and backed by what are arguably its most spectacular views, this 3 bedroom, 3 and a half bathroom 'Albert Place' sub-penthouse is a genuine David Hicks-designed icon, delivered by Gurner Developments. Exclusively nestled on the city's southern fringe between Albert Park Lake and the Botanic Gardens, the home is relentlessly committed to excellence with an uncompromising level of appointment, world class communal amenity and a position right in the heart of the very best Melbourne has to offer.
Defined by a staggering 50 metres of floor-to-ceiling glass that wraps around to reflect the building's iconic curved exterior, a remarkable open-plan living area is paradise for entertainers and the perfect Grand Prix vantage point, all of which is underpinned by a fully Arabescato Marble kitchen where a suite of the very finest Gaggenau appliances is complemented by a Sub-Zero refrigerator, bar fridge and a full height Liebherr wine fridge set within a fully-equipped Butler's kitchen. Indeed, an extensive use of Marble throughout the apartment – reflective of an additional $400,000 investment – is tastefully themed through the entrance hall, all bathrooms, the laundry, bars in the living room and even the main bedroom's dressing room.
The main bedroom is a divine indulgence with an impressive dressing room and a deluxe five-star ensuite that highlights a double rainwater shower, independent feature bathtub and a SensoWash smart toilet with a concealed Viega cistern. Sparing no expense, the home's remaining ensuites are similarly appointed and certain to exceed expectation.
Fully secure with a valet and a concierge, the apartment also features a 4-car garage and multiple storage units, as well as access to health-related amenities that include a Turkish bathhouse-inspired swimming pool, spa and sauna. Further, a wine cellar with dedicated lockable wine storage, as well as communal lounges and a library complete what is a highly sophisticated lifestyle offering in this premier location where so many of Melbourne's renowned cultural, sporting, entertainment and artistic worlds intersect.
To ensure a seamless viewing experience, inspections for this property are available strictly by private appointment. Kindly note that identification (I.D.) will be requested upon arrival. Please contact us to arrange your exclusive viewing.
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Property Details for 1405/8 Bowen Cres, Melbourne

1405/8 Bowen Cres, Melbourne is a 3 bedroom, 3 bathroom Apartment with 4 parking spaces. The place is currently for sale with The Agency Victoria.

Building Type
Apartment

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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 13,570 properties. Over the last 5 years, Houses in Melbourne have seen a 64.85% increase in median value, while Units have seen a -7.33% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,999,879 while the median value for Units is $648,017.
  • Houses have a median rent of $600 while Units have a median rent of $630.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Melbourne.

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Sabrina Bestel
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Paul Manczak
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The Agency Victoria
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