55 Reed St, Albert Park is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 288m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
A spectacular design by architects KMD Design has completely transformed this classic double fronted Victorian residence into a generously proportioned, lavishly finished and utterly breathtaking family domain. Bespoke joinery, exotic timbers and state of the art home technology highlight the meticulous attention paid to every detail.
Behind the block-fronted exterior, dark timber floors provide a contemporary contrast to the ornate ceilings in the wide central hall, glorious sitting room and a downstairs bedroom featuring striking Red Heart Gum paneled robes and a stylish en suite/bathroom. An inspired timber staircase ascends to additional family accommodation comprising a stunning main bedroom with Red Heart Gum robes, designer en suite with freestanding bath and a balcony, two double bedrooms with robes and a chic bathroom. Black stone floors flow through the fitted study, sensational dining space overlooking a light well with water feature and the sublime gourmet kitchen appointed with a full suite of premium Gaggenau appliances, 3 Vin Tech wine fridges, marble benches and a butler's pantry. The adjacent spacious living area with a gas fireplace opens fully through 2 sets of bi-fold doors to a private north-facing outdoor entertaining precinct with BBQ kitchen and 2-car stacker accessed via Reed Lane.
An absolute work of art just metres from the beach, Gasworks Park, Victoria Ave's shops, restaurants and trams and schools, it is comprehensively appointed with alarm, video intercom, full height 4500x3500 wine cellar, designer lighting, remote blinds, reverse osmosis water filter, pull down attic storage and irrigation.
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 3,647 properties. Over the last 5 years, Houses in Albert Park have seen a 19.09% increase in median value, while Units have seen a 0.70% increase. As at 31 August 2024:
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