1 Anderson Street

Off Market

1 Anderson Street

South Melbourne VIC 3205

455 m²

House

Ben Manolitsas, last sold this property on 03 December 2025 after 19 days on market.

Overview

Invest, Develop or Simply Hold

Occupying a prized Emerald Hill position steps from MSAC, Albert Park Village, and moments from the South Melbourne Market, this impeccably maintained block of five one- and two-bedroom apartments on one title presents an exceptional investment opportunity, or an exceedingly rare chance to create a new luxury home or boutique development (STCA)*. All currently tenanted, the two one-bedroom and three two-bedroom apartments deliver an excellent income stream with low outgoings, returning in total approximately $11471* per month. Enhanced by previously renovated Neometro interiors with secure parking on-site for each dwelling, the property offers undeniable appeal as a secure, low-maintenance investment, while also presenting outstanding potential to plan a luxurious new build (STCA) in line with heritage considerations. Idyllically positioned within a short stroll of Clarendon Street's dining precinct, tram routes, and Albert Park Lake, and only minutes from Melbourne's leading schools, The Royal Botanic Gardens, the beach, and the CBD, it promises both immediate and long-term rewards in a genuinely first-class city-edge setting. Land Size: 455 sqm approx. *Artist's impression images are illustrative and depict an indicative concept not yet approved by council and subject to all planning permissions. *Rental income figures are approximate. Buyers are advised to undertake their own due diligence.

Features

8 bedrooms

6 bathrooms

5 carspaces

455 m² lot size

House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in South Melbourne over the last 12 months.

Property history for 1 Anderson Street

2025

Sold

Undisclosed

Private Sale/Treaty on 03 Dec 2025 by Ben Manolitsas, of Marshall White - Port Phillip

Happy sellers in South Melbourne

63%

63% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in South Melbourne over the last 12 months.

Local market activity for 8 bedroom houses in South Melbourne

Sold

For Sale

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Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

at Buxton Port Phillip - Port Melbourne

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Stefan Joannides

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Nearby agents

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Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 23 local sales and collected 5 local reviews across the last 12 months.