97 Beaconsfield ParadeAlbert Park VIC 3206
Property Details for 97 Beaconsfield Pde, Albert Park
Last Listing description (October 2023)
THE BEACH HOTEL (1)
Iconic bayside corner with vast street frontages to both Beaconsfield Parade and Victoria Avenue
Two (2) storey freehold building providing in excess of 1,850sqm* GLA
Spanning over vast land area of 1,283sqm*
There are 32 electronic gaming machines that are licensed on site (as property of the lessee)
New 7 year net lease with fixed annual increases of 3%
Net Annual Income of $610,000* + GST
FOODWORKS SUPERMARKET (2)
Immediately adjoining the Beach Hotel is a freestanding Foodworks Supermarket spanning over 387sqm* GLA
Spread over a land area of 430sqm*
Directly opposite the Albert Park Bayside Tram Stop
New 10 year net lease with fixed annual increases of 4%
Net Annual Income of $148,500* + GST
BEACH HOTEL & FOODWORKS SUPERMARKET
Total Net Income of $758,500*
CURRENTLY UNDER OFFER
MARK WIZEL
+61 409 809 868
JUSTIN DOWERS
+61 438 098 805
BIANCA BUTTERWORTH
+61 410 558 126
SCOTT CALLOW
+61 418 153 606
*Approx
Property History for 97 Beaconsfield Pde, Albert Park, VIC 3206
- 30 Mar 2017Sold for $14,280,000
- 10 Feb 2017Listed for Sale Not Disclosed
- 03 Feb 2016Listed for Sale EXPRESSIONS OF INTEREST
Recent sales nearby
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0About 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.
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