192-194 Albert RoadSouth Melbourne VIC 3205
Property Details for 192-194 Albert Rd, South Melbourne
192-194 Albert Rd, South Melbourne is a 14 bedroom, 7 bathroom Unit with 6 parking spaces and was built in 1935. The property has a land size of 365m2.
Last Listing description (September 2025)
Directly opposite Albert Park Lake and surrounded by Melbourne's icons, this unique opportunity to purchase seven strata titled apartments with off street parking. With flexible tenancies in place
the choice is yours: a great "set and forget" investment or a creative re-development STCA.
This fine Art Deco building occupies a corner allotment with off street parking for six (3 garages on title) with each of the homes taking in light from north, west and south thanks to its staggered design in addition to the jewel of the crown occupying the whole top floor.
Each apartment is unique and variously updated though they similarly offer:
Two bright bedrooms, separate lounge and separate kitchen. Ornate ceiling designs and fireplace mantels
Original doors, hardware and joinery
Textured rendered walls, wood floors and steel framed windows with Lake aspects
The jewel of this crown is the penthouse apartment with expansive windows and a wraparound terrace that's perfect to entertain on while enjoying the spectacular view across Albert Park Lake. The residence comprises a vast open plan living and dining zone with wood floors overlooked by a generous stone kitchen with stainless steel appliances (gas cooking and dishwasher). Two double bedrooms with access onto their own sunny balcony are served by a respectfully renovated Deco style bathroom with pedestal vanity and spa bath as well as a separate laundry.
Incredible inner city location being able to hop over the road to Albert Park Lake & MSAC with easy access to Albert Park Village, Royal Botanic Gardens, St Kilda Rd, CBD and Arts Precinct.
Inspect during scheduled open times or by appointment with the agent.
Presented by Cayzer Real Estate Albert Park.
All enquiries must include a phone number.
Property History for 192-194 Albert Rd, South Melbourne, VIC 3205
- 21 Jun 2023Listed for Sale Not Disclosed
- 16 Nov 2022Listed for Sale Under Offer
- 26 Jan 1991Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby
/assets/perm/u2ngy3h4oii6thjupnrpaujsoq?signature=36008a0f4062421da2e35437cb889ce030f3a8f2a4095710115b00a7b80743d3){kind=logo}
0/assets/perm/6lpu5w4o64i6znijsv2bqvae6u?signature=e75c8e339ea5865fee712447f18bc1950c59837b7f17509f92b0cf245d0fbd93){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.10% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:
- The median value for Houses in South Melbourne is $1,777,710 while the median value for Units is $634,357.
- Houses have a median rent of $725 while Units have a median rent of $650.
Suburb Insights for South Melbourne 3205
Market Insights
South Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
