



Expressions of Interest Closing Wednesday 21st October at 3:00pm. An exceptionally rare offering in the heart of Albert Park Village, this landmark opportunity combines an enviable bayside lifestyle with approved plans for a sophisticated mixed-use development, creating the ultimate platform for luxury living in one of Melbourne's most coveted neighbourhoods. Occupying a prominent site with valuable rear laneway access, the property is offered with endorsed plans and permits for a striking three-level development, crowned by an expansive three-bedroom penthouse residence spanning two levels. Designed to capture the essence of Albert Park's village atmosphere and coastal surrounds, the approved scheme presents an excellent opportunity to create a bespoke lifestyle address of enduring quality and significance. Just moments from Albert Park Beach, Albert Park Lake, South Melbourne Market and the area's renowned cafés and restaurants, the location delivers an enviable bayside lifestyle with every convenience at your doorstep. Directly opposite Albert Park Primary School and serviced by the Route 1 tram providing effortless CBD access, the position is as connected as it is coveted. Key Attributes - Prime village landholding of 177sqm* with rear access via Victoria Lane - Approved plans and permits for a striking three-level development featuring a luxurious three-bedroom penthouse residence - Coveted Albert Park Village position surrounded by renowned cafés, restaurants and boutique retail - Walking distance to Albert Park Beach, Albert Park Lake and South Melbourne Market - Direct tram connectivity providing effortless access to Melbourne's CBD - Existing short-term holding income with vacant possession available in early 2027 A genuinely rare opportunity to create an architecturally designed residence in one of Melbourne's most sought-after inner bayside suburbs. *Approx.
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Property ID: 204650864
Original Property ID: 204650864