Back 5/182 Albert Road
Off Market

5/182 Albert Road

South Melbourne VIC 3205

1
1
1
Apartment
Peter ZervasPeter Zervas, last sold this property on 30 November 2021 after 49 days on market.

Overview

PRIVATE NEGOTIATION

OBVIOUS Directly opposite Albert Park Lake, surrounded by parkland, cafes, wine bars and pubs, within an exclusive block of just 15, this stunning, oversized (74m2 approx.) second-floor home delivers a sophisticated and contemporary lifestyle opportunity. Bathed in natural light, the apartment's meticulously detailed interior comprises one double bedroom (with robes), hallway, European laundry and full-sized central bathroom complete with bath. The generous kitchen is unlike any you will find on the one-bedroom market. Expansive marble island bench with breakfast bar, stainless steel appliances including a dishwasher, five-burner gas stovetop and large oven, overlooking a spacious open plan living & dining area. Beyond the living is an enormous entertainer's terrace, partially covered and suitable for year-round use. Add to this split-system heating and cooling, smart lights, washing line and lift access to secure entry foyer. Secure garage parking plus storage cage adds total convenience to a city edge address. SEALS THE DEAL A terrace of unseen proportions. A deluxe chef's kitchen. Secure, stylish, sunny and unique perfectly positioned between the city's best brunch spots, the Botanical Gardens and the Tan, the Shrine, MSAC, South Melbourne Beach, NGV, South Melbourne Market, Albert Park Lake, tram stops and Citylink.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 5/182 Albert Road is $415k.

Median value
$415k
Estimated value range
$275k - $770k
Median days on market
25
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in South Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/182 Albert Road

2021
Sold
Undisclosed
Private Sale/Treaty on 30 Nov 2021 by Peter Zervas, of WHITEFOX Real Estate - Stonnington
2019
Rented
Undisclosed
Leased on 28 Oct 2019 by Belle Property Albert Park
2019
Rented
Undisclosed
Leased on 28 Oct 2019

Happy sellers in South Melbourne

51%
51% 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 23 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 65 one-bedroom apartments similar to 5/182 Albert Road, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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