What are The Block Albert Park contestants up against?
Albert Park may be home to yet to be revealed The Block offerings, but there are many other properties on the market that might just overshadow these apartments, including penthouses that take our breath away.
The Block’s location, on O'Grady Street, Albert Park, is the site of one of the former Dux Cinemas (pictured below).
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The median unit price in Albert Park is $630,000, a 25.5% drop over the 12 month period, with an average hold of 8.7 years.
Here are the current on-the-market highlights for Albert Park.
The Biltmore
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The Biltmore’s circa 1888 ‘The Penthouse’ is on the top of the list for Albert Park offerings. With views of Melbourne’s skyline, it manages to combine architecture, history and modern amenity. Property Observer has previously reported about the penthouse (pictured above) being listed.
The building itself has 16 foot ceilings and archways, providing a majestic hallway entrance.
An elevated main bedroom, with build in wardrobes, en suite, two terraces and a study, as well as three other bedrooms, and three bathrooms in total, it’s significantly sized.
The north facing deck looks over a shared terrace and pool.
It also includes a security entrance, separate private access, lift access, hydronic heating and two basement car parks.
It is listed by the edgy art collectors Sandra Powell and Andrew King, the so-called Saatchi’s of street art, and last sold at around $2.85 million in 2005.
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401 and 402 of 88 Beaconsfield Parade
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These two top-floor penthouses (pictured above), on the fifth floor, include views of the beach and of Port Melbourne.
They each have outdoor entertainment areas, of 126 square metres or 140 square metres, as well as outdoor heated plunge pools.
The four-bedroom, four-bathroom offerings also come with garage spaces.
Images are artistic impressions.
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6/110 Beaconsfield Parade
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Opposite Albert Park’s foreshore, and close to Victoria Street, this apartment (pictured above) is a two-bedroom, 2.5 bathroom property on the first floor of the St Louis building.
The master bedroom has a spa, a walk in wardrobe and a powder room.
It has a private terrace that overlooks the beach, and is accessed through double French doors – a stylish inclusion.
Intercom, air conditioning, hydronic heating and ceiling fans are all included, along with a basement car park space.
The building itself includes a gym, steam room and lap pool, as well as gardens.
It last transacted for $445,000 in 1999, according to RP Data.
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2/44 Mills Street
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This two-bedroom, two-bathroom apartment (pictured above) on the first floor includes a main room with an ensuite and built in wardrobe.
It also includes the special feature of a rock garden terrace. It has a private ground level entrance, air conditioning, video intercom, a storage cage and an undercover car space.
RP Data notes that it last transacted for $654,000 in 2010.
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