193 Beaconsfield Parade

Middle Park VIC 3206

Key investment considerations include:

+ Exceptional beach frontage and sweeping 180 degree uninterrupted world-class views over Port Philip Bay and the CBD.

+ Absolute premium location on Beaconsfield Parade in Middle Park, with gracious tree lined avenues, parks and cafes, and a dream quick drive into the CBD, well positioned in Melbourne's most desirable locations and lifestyle propositions.

+ Proximity to Albert Park Lake, Melbourne Sports & Aquatic Centre, golf driving range and sporting & recreation precinct.

+ Proximity to Armstrong Village and Albert Park Village housing boutique fashion and cosmetics retailers, a range of well-regarded restaurants and cafes as well as premium grocery retailers.

+ Prized Middle Park freehold land of 601 square metres*

+ Highly valuable dual frontage to both Beaconsfield Parade and Ashworth Street totalling 21 metres*, providing through access and beachfront opportunity.

+ Existing improvements comprising an impressive and distinctive three-storey art deco building configured as a block of seven apartments providing for occupation and opportunity to repurpose.

- 1 x 4 bedroom
- 2 x 3 bedrooms
- 4 x 2 bedrooms

+ Existing income with opportunity for active asset management investors to seek higher rental returns.

+ Surrounding height precedent opens up potential for significant development outcomes (STPA).

+ Middle Park has a current median house price is $2,895,000 and a median apartment price is $870,000, some of the highest median prices in Melbourne (realestate.com).

+ Underpinned by excellent public transport links including multiple tram routes and proximity to the light rail.

+ Car parking via Ashworth Street, with three lock up garages.

+ Last transacted over 49 years ago.

193 Beaconsfield Parade Middle Park is for sale by Expression by Interest closing Thursday the 8th of December at 3pm. Please contact Emmetts as the exclusive sales and marketing agents for further information.