Colliers International are pleased to offer by way of Public Auction, 95-97 Dundas Place, Albert Park. Rarely is the market presented with an asset that offers an outstanding location within one of Melbourne s most tightly held retail precincts with immediate value add potential to the astute owner occupier, investor and developer. 95-97 Dundas Place, Albert Park comprises a two-level freestanding building featuring open plan retail space on the ground with first floor office/residential space and separate access to the rear from Dundas Place.
A testament to the outstanding location, this imposing and iconic property is one of only four assets along the Dundas Place retail strip to have been transacted in the past 20 years and the first time the property has been offered to the market in 33 years.
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 3,647 properties. Over the last 5 years, Houses in Albert Park have seen a 10.25% increase in median value, while Units have seen a -7.58% decrease. As at 31 March 2026:
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