84 Reed Street, Albert Park, VIC 3206

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 cafes, 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, cafes, 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.