84 Reed Street

Albert Park VIC 3206

288 m²

House

James Nicolaou, last sold this property on 10 August 2026 after 35 days on market.

Overview

Renovate. Transform. Invest. - 288m² (Approx.)

Expressions of Interest - Situated in one of Albert Park's most sought-after streets, just metres from the foreshore, this amazing opportunity to renovate, extend or rebuild (STCA) on a substantial 288m² (approx.) allotment with the highly desirable advantage of rear lane access. Whether you're dreaming of restoring the existing home to its former glory, creating a stunning contemporary residence, or designing a brand-new luxury home (STCA), this blue-chip address provides the perfect foundation for your vision. Positioned just moments from the beach, Albert Park Village, vibrant cafés, restaurants, boutique shopping, trams and parklands, this is an increasingly rare opportunity to secure a sizeable parcel in one of Melbourne's most prestigious bayside suburbs. Currently leased out as 4 separate tenancies ( periodically ) with a combined annual income of $84,000 approx. Property Features: 288m² (approx.) allotment in a tightly held location Valuable rear lane access offering exceptional flexibility Outstanding renovation, extension or redevelopment opportunity (STCA) Existing home with immense scope to add value Walk to the beach, Albert Park Village, cafés, restaurants and public transport Surrounded by premium homes in a prestigious beachside setting Opportunities of this calibre are few and far between. Secure an enviable Albert Park address and create a home that will stand the test of time.

Features

4 bedrooms

4 bathrooms

2 carspaces

288 m² lot size

House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Albert Park over the last 12 months, the estimated median property value of 84 Reed Street is $3.45m.

Median value

$3.45m

Estimated value range

$2.19m - $5.82m

Median days on market

Estimated value trend

-16%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Albert Park. 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 84 Reed Street

2026

Sold

Undisclosed

Private Sale/Treaty on 10 Aug 2026 by James Nicolaou, of James Nicolaou Real Estate Port Phillip

Happy sellers in Albert Park

We have insufficient information to provide an overview of customer satisfaction for Albert Park. Viewing the agent profiles, reviews and sales for Albert Park can provide insights for this location.