114 Victoria Ave, Albert Park is a 4 bedroom, 4 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 275m2 and floor size of 317m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Albert Park in the last 12 months.
An exceptional opportunity in a thriving lifestyle position, this remarkable Edwardian residence on 275sqm (approx) presents highly rewarding potential for families and equally appealing opportunities for developers (STCA).
Situated alongside cosmopolitan Victoria Avenue, mere metres from the beach, and featuring approved plans for a visionary transformation by Melbourne-based architectural firm Page Stewart, it embodies an innovative outlook for the site's future.
With an impressive four-bedroom plus study design spread over two levels and a double remote garage accessible via Little Graham Street, this property will set a new standard of excellence with sumptuous curves, high-end finishes and floor-to-ceiling glass framing a poolside courtyard. Alternatively, take on the project from the start and invest in the three-bedroom existing home whilst curating your own dream residence tailored to suit your own needs (STCA).
In a location offering perennial lifestyle and market appeal just a short walk to Albert Park College, Albert Park Primary School, village cafes, restaurants and city-bound transport and only moments from South Melbourne Market and the lake, this is a rewarding opportunity, whichever path is taken. Images 5-12 are Architectural renders.
The size of Albert Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 55.1% of total area. The population of Albert Park in 2011 was 5,954 people. By 2016 the population was 6,185 showing a population growth of 3.9% in the area during that time. The predominant age group in Albert Park is 40-49 years. Households in Albert Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation. In 2011, 56.5% of the homes in Albert Park were owner-occupied compared with 58.9% in 2016.
Albert Park has 3,595 properties. Over the last 5 years, Houses in Albert Park have seen a 1.33% increase in median value, while Units have seen a 3.54% increase. As at 31 October 2024:
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