2602/50 Albert Rd, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1647m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
This enchanting one-bedroom residence, fully furnished, epitomizes luxury within the sought-after Fifty Albert building. Positioned amidst the serene beauty of Albert Park Lake, the Botanical Gardens, and a network of walking and cycling trails, it offers the quintessential inner-city lifestyle experience, all while ensuring your privacy.
The well-designed layout encompasses a kitchen equipped with gas cooking and a dishwasher, a living area featuring split-system heating/cooling, a European laundry, a pristine central bathroom, and a sunlit bedroom with built-in robes.
Surrounded by an array of cafes, bars, and dining establishments, you can easily stroll or jog to the lake or the Tan, hop on a tram to Southbank or the CBD, and find yourself mere moments away from Toorak Rd, Chapel St, and the South Melbourne Market.
Indulge in the building's remarkable rooftop gardens and entertainment spaces boasting sun decks and BBQ areas, offering breathtaking views. Additional amenities include a gymnasium, spa, yoga classes, plunge pool, and the convenience of a 24-hour concierge service."
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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 11,174 properties. Over the last 5 years, Houses in South Melbourne have seen a 20.54% increase in median value, while Units have seen a -1.71% decrease. As at 30 September 2024:
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