253 Danks Street
Albert Park, VIC 3206

This exceptional property is located in one of Melbourne's most sought-after bayside enclaves, Albert Park, offering a prime landholding with significant development potential. The site comprises a substantial allotment of approximately 630 square metres, presenting an outstanding opportunity for future development subject to council approval.

Currently, the property features a substantial three-level building that contains nine one-bedroom apartments all on a single title. The property is offered with vacant possession, providing a rare and highly flexible blank canvas for developers, investors, or visionary buyers looking to create a unique residential offering.

Situated just 150 metres from the pristine shores of Port Phillip Bay and only moments from the Melbourne Central Business District, this prominent corner site offers remarkable potential for a variety of development options. Whether your plans include luxury townhouses, boutique residences, or a premium apartment complex, the possibilities are extensive and promising.

The location enjoys a coveted lifestyle setting, with easy access to the vibrant Albert Park and Middle Park villages, the Melbourne Sports and Aquatic Centre (MSAC), and South Melbourne's renowned shopping and dining precinct. The picturesque foreshore is also within close proximity, enhancing the appeal of this property for future residents.

Excellent public transport options and everyday amenities are readily available, making this location second to none for convenience and lifestyle. Zoned General Residential, the property is offered with flexible settlement terms and a 10% deposit, making it an exceptionally rare opportunity in a market where land of this scale and prime positioning is increasingly scarce.

This offering represents a unique chance to secure a significant landholding in Albert Park with exceptional development potential, ideal for those seeking to capitalize on one of Melbourne's most tightly held bayside enclaves.