108 Dow Street

All Offers Considered An exceptional opportunity awaits to create two substantial, architecturally designed family residences or alternatively, design and build one magnificent landmark home in one of the inner city's most tightly held beachside precincts. Positioned within the coveted Albert Park College zone and just a short stroll to the beach, vibrant cafés, local shops and transport, the existing weatherboard home comes complete with approved planning permits for two luxurious, standalone 4 or 5 bedroom dwellings each with its own street presence, double garage and expansive living zones. This is a remarkable chance to secure a premium corner site and deliver two cutting-edge homes for little more than the price typically associated with a single development or capitalise on the generous landholding to create one grand-scale residence tailored entirely to your vision. Residence One (4 bedrooms) has been thoughtfully designed to offer two indulgent master suites, each with its own ensuite and walk-in robe. Multiple living areas provide flexibility for modern family living, while the main open-plan domain features an oversized gourmet kitchen with adjoining butler's pantry. The living and dining areas seamlessly extend to a spectacular north-facing entertainer's terrace capturing sweeping city views. Residence Two (5 bedrooms) mirrors the scale and sophistication, also comprising two master suites with private ensuites and walk-in robes. Generous living zones centre around a designer kitchen with butler's pantry, flowing effortlessly to its own city-view entertainer's terrace which is ideal for hosting in style. Inspired by timeless Art Deco influences, the completed vision promises iconic residences of distinction: elegant, functional and designed for modern coastal living. A rare corner opportunity, just moments from leading schools, the beachfront, shopping precincts and public transport. Offering lifestyle, flexibility and significant future value in equal measure.