90 Beaconsfield Parade, Albert Park, VIC 3206 | Property Value & History | OnTheHouse
OFF MARKET

90 Beaconsfield Parade
Albert Park VIC 3206

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1170m2
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Property Details for 90 Beaconsfield Pde, Albert Park

Building Type
Commercial
Year Built
2017
Land Size
1170m2
Local Government
Port Phillip
Lot/Plan
G06/PS648417

Last Listing description (March 2019)

Situated in the heart of Beaconsfield Parade you will find this prime investment opportunity, located in one of Bayside s most iconic and high end developments. 90 Beaconsfield Parade was also awarded Asia pacific property of the year, making it one of Melbourne s stand out developments.
This premium investment currently trading as Pineapple Palm caf , is run and operated by a 30 year food and beverage expert, having run and set up highly credential hospitality venues all over the world. Sited on the prominent corner of Victoria Ave and Beaconsfield Parade the site offers an abundance of both car and pedestrian traffic, exceptional street exposure and within close proximity to some of the area s best bars and restaurants. Directly across from the beach this prime location attracts customers from all over Melbourne.
This 160sqm (approx.) has one of the area s best caf fit outs, and an exceptional trading history since its inception in 2018. This investment will be a great addition to any investors portfolio and truly is a set and forget opportunity.

Key selling features include:
Secure Five (5) year term with three (3) further five (5) year options.
Starting net rental -$95,000 per annum plus GST and outgoings.
4% fixed increases.
Four (4) months net bank guarantee in place.
Signed directors guarantees.
Lease commencement 21st September 2018.
160sqm NLA.
Three (3) secure on title car spaces.
For further details please contact Paul Pellegrino or Paul Lillis for further information.

Property History for 90 Beaconsfield Pde, Albert Park, VIC 3206

A timeline of how this property has performed in the market
Last Sold
$1,789,000
02 Mar 2019
  • 02 Mar 2019
    Sold for $1,789,000
  • 02 Mar 2019
    Sold for $1,789,000
  • 31 Jan 2019
    Listed for Sale Not Disclosed
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About Albert Park 3206

The size of Albert Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 55.1% of total area. The population of Albert Park in 2016 was 6215 people. By 2021 the population was 6044 showing a population decline of 2.8% in the area during that time. The predominant age group in Albert Park is 50-59 years. Households in Albert Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Albert Park work in a professional occupation.In 2021, 60.80% of the homes in Albert Park were owner-occupied compared with 58.90% in 2016.

Albert Park has 3,646 properties. Over the last 5 years, Houses in Albert Park have seen a 16.33% increase in median value, while Units have seen a 3.64% increase. As at 31 December 2025:

  • The median value for Houses in Albert Park is $2,454,155 while the median value for Units is $885,928.
  • Houses have a median rent of $983 while Units have a median rent of $628.
There are currently no properties listed for sale, and 2 properties listed for rent in Albert park on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Albert park.

Suburb Insights for Albert Park 3206

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.