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In the Melbourne apartment you’ll enjoy exclusive access to a private residents-only retreat including a rooftop garden, gym and private rooftop dining area. The home features a contemporary, open plan living and dining area with a full-width balcony offering spectacular views across South Melbourne and the Bay.

Closes 8pm (AEST) 05/11/2019 | Drawn 10am (AEST) 13/11/2019

58 sqm 

2 Bed

1 Bath

1 Car space + Storage 

Melbourne, Victoria

‘Albert Tower’ 1601/38 Albert Road, South Melbourne, VIC 3205
Property is not open for inspection.  

$495,000 Property Value

  • 58 sqm home features 2 bedrooms and 1 bathroom.
  • Professionally styled with $45,142 worth of furniture and electrical appliances.
  • Secure onsite parking for one car + storage space.
  • Rent out and receive an estimated $30,160 p.a.
  • Rates, water and body corporate paid for valued at $6,467.
  • Legal transfer fees to the value of $1,375.
  • Transfer duty paid $24,770.

Life in South Melbourne

The cosmopolitan suburb of South Melbourne features the beautiful Botanic Gardens and an abundance of cafes and shopping options that Melbourne is famous for. The South Melbourne Markets are only a short stroll away, where you’ll find a full calendar of live music and events along with fresh food and great coffee. Melbourne’s city centre is just a short train ride away so you can enjoy all the spoils of an inner-city lifestyle.


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