354 Albert Road, South Melbourne, Vic 3205

bedrooms 6
bathrooms 5
parkingSpaces 1
|House
EOI closing 17 November 2026 at 1:00pm
EOI closing 17 November 2026 at 1:00pm
Published on: 21 Oct 2026
Last updated on: 24 Oct 2026
354 Albert Road, South Melbourne, Vic 3205
354 Albert Road, South Melbourne, Vic 3205
354 Albert Road, South Melbourne, Vic 3205
+36
354 Albert Road, South Melbourne, Vic 3205
  • 36
  • 1
Property ID: 152686508
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‘Balmoral’ - A magnificent family legacy by the lake

354 Albert Road, South Melbourne, Vic 3205
Occupying a magnificent allotment of approximately 612sqm directly opposite Albert Park Lake and its expansive parklands, this grand freestanding, double-fronted Victorian Filigree terrace represents an extraordinary generational opportunity in one of Melbourne’s most prestigious heritage streetscapes. With approximately 558sqm of interiors across two stately levels, six bedrooms and five and half bathrooms, its exquisite architecture and spectacular north-facing garden and pool surroundings provide a peerless setting for luxurious family living and grand-scale entertaining, within one of the city's most exclusive residential addresses.

Beyond the beautifully landscaped gardens, a deep traditional verandah gives way to an arched entry hall, with the original residence retaining its imposing proportions, ornate ceilings and elaborate period detailing. Four reception rooms extend from this central axis, each with a marble fireplace, moving from the formal living room to interconnecting music and parlour rooms and a separate study opening to the pool. Engineered oak floors continue into the substantial dining room and north-facing open-plan living area, where extensive glazing draws natural light across the interior and opens the house to the gardens. Calacatta marble defines the adjoining kitchen and butler’s pantry, while outside, mature borders of magnolia, jacaranda and bird of paradise enclose the pool and garden, creating a genuine sanctuary around bluestone crazy-paved terraces, a built-in BBQ kitchen, and the heated, self-cleaning swimming pool and spa.

Five oversized upstairs bedrooms include a sumptuous main suite with a fitted dressing room and skylit stone en-suite, plus a second and third en-suite bedrooms, a family bathroom with spa, and an additional fitted study with balcony access. An independent poolside studio with en-suite and walk-in robe offers versatile guest accommodation, wellness space or alternative office. Comprehensive appointments include a cellar, hydronic heating, multi-zone reverse-cycle heating and cooling, double glazing, CCTV, a security alarm, gas and solar pool heating, spa and off-street parking, complemented by an enviable position directly opposite MSAC and an easy walk to Albert Park Village, South Melbourne Market, leading schools, and city-bound transport.

Property Details

Basic Info

Property Type
House
Listing Status
On Market
Parking Spaces
1
Land Size
612.00 m2
Rooms
6 bedroom(s), 5 bathroom(s)
Address
354 Albert Road, South Melbourne, Vic 3205

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Simon Gowling
Simon Gowling
Max Mercuri
Max Mercuri
332 Montague Street, Albert Park, Vic 3206
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Email enquiry to Jellis Craig - Albert Park

Simon Gowling
Simon Gowling
Max Mercuri
Max Mercuri
332 Montague Street, Albert Park, Vic 3206
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      Property ID: 152686508

      Original Property ID: 152686508
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