1-9/253 Danks Street

Albert Park, VIC 3206, Australia

9 bed 0 bath 9 car630m²

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AI Valuation Estimate

$5.17m – $5.83m

Based on recent comparable sales in Albert Park

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Schools

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Bushfire risk

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Heritage

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About this property

Inspections via appointment only. Positioned within one of Melbourne's most tightly held bayside enclaves, this exceptional Albert Park opportunity presents a substantial 630sqm (approx.) allotment with outstanding scope for future development. Currently occupying the site is a substantial three-level building comprising nine one-bedroom apartments on a one title, to be offered with vacant possession-delivering a rare and highly flexible blank canvas for developers, investors, or those with a vision to create something truly special. Located just 150 metres from Port Phillip Bay and only moments from the Melbourne CBD, this prominent corner site offers remarkable potential (STCA). Whether your vision includes luxury townhouses, boutique residences, or a premium apartment development, the possibilities here are extensive. Enjoying a coveted lifestyle setting, the property is within easy reach of Albert Park and Middle Park villages, MSAC, South Melbourne's renowned shopping and dining precinct, and the picturesque foreshore. Along with excellent public transport options and everyday amenities, the location is second to none. Zoned General Residential and offered with flexible settlement terms and a 10% deposit, this is an exceptionally rare opportunity in a market where land of this scale and positioning is increasingly scarce. 253 Danks Street ALBERT PARK Auction 10.00am Saturday 30th May