2201/50 Albert RoadSouth Melbourne VIC 3205
Property Details for 2201/50 Albert Rd, South Melbourne
2201/50 Albert Rd, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1646m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
50 Albert Road is an Elenberg Fraser Architect masterpiece with exceptional facilities in a fantastic location within South Melbourne ideal for City Fringe living, renting or just use for your weekend escapes. Added feature is we are offering this unit as inspected complete with the furniture.
Situated on the South West corner on the 22nd Floor the apartment takes in breathtaking views not to be taken by surrounding developments.
The apartment features a well appointed kitchen with full size dishwasher and gas cook top in addition to plenty of storage space and integrated fridge/freezer.
The living is functional and takes in views to the south west incorporating the Bay with a balcony for those times you want to take it all in including the fresh air.
Bedrooms are functional the master with floor to ceiling mirrored BIR, the second has a convienant pull down bed that can disappear for those who wish to use the space as a home office.
With out doubt the best features of this building is its facilities and location. The facilities comprise a gym or yoga studio, the roof with its sun deck, BBQ area, spa, sauna, communal lounge and cinema.
Finally the location nestled within easy walks to Albert Park lake, The Shrine of Remembrance, Botanical Gardens, tram ride to Melbournes CBD and beaches make this apartment sort after.
Please contact our Head of Property Sales Brad Carlin-Smith 0466605522 for further enquiries.
Property History for 2201/50 Albert Rd, South Melbourne, VIC 3205
- 14 Sep 2022Sold for $470,000
- 28 Jun 2022Listed for Sale $485,000
- 21 Jan 2022Listed for Rent $490 / week
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About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.
South Melbourne has 11,165 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:
- The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
- Houses have a median rent of $700 while Units have a median rent of $625.
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