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2603/38 Albert Road, South MelbournePrice Withheld
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For Saleapartment

2603/38 Albert Road

South Melbourne, VIC 3205, Australia
Price Withheld
2 bed 2 bath 1 car

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About this property

Step into a world of elegance and sophistication at this remarkable residence located at Albert Road in the vibrant South Melbourne neighborhood. Offering an unrivaled urban lifestyle, this luxurious apartment is the epitome of contemporary living. As you enter, you'll be captivated by the impeccable design and high-end finishes throughout. The open floor plan creates a seamless flow between the living, dining, and kitchen areas, ideal for entertaining guests or enjoying cozy nights in. The gourmet kitchen is a culinary haven, boasting top-of-the-line appliances, sleek cabinetry, and exquisite stone countertops. Whether you're a master chef or an aspiring home cook, this kitchen will inspire your culinary creativity. Relax and unwind in the spacious living area, bathed in natural light streaming through large windows. Enjoy breathtaking views of the city skyline and indulge in the serenity of your surroundings. Step out onto the private balcony and soak up the vibrant atmosphere of South Melbourne overlooking the Royal Botanic Gardens, Fawkner Park and a short walk to the CBD, South Melbourne Market, Albert Park Lake. The master bedroom is a haven of tranquility, featuring plush carpeting, ample closet space, and a modern en-suite bathroom. The second bedroom offers versatility and can be used as a guest room, home office, or a personal sanctuary. Residents of 38 Albert Road have access to a range of exclusive amenities. Stay fit and active in the well-equipped gymnasium, access to rooftop terrace with access to communal facilities such as outdoor kitchen & BBQ. Relax in the common lounge or unwind in the sauna. With secure parking and 24-hour concierge service, every aspect of your comfort and convenience is catered to. The location couldn't be more desirable. South Melbourne is renowned for its vibrant atmosphere, trendy cafes, boutique shopping, and proximity to the CBD. Enjoy easy access to public transportation, allowing you to explore all that Melbourne has to offer, from world-class dining to cultural experiences. This property is currently on fixed term lease till 15 May 2026 with rent at $2998 per month. The property may become available for owner occupancy following the expiration of the fixed-term lease agreement. Don't miss the opportunity to make property your new home. Experience the pinnacle of luxury living in South Melbourne. Contact us today to arrange a private viewing and secure your place in this prestigious residence. *PLEASE NOTE: Open for Inspection Times and Property Availability are subject to change or cancellation without notice. Please refer to the listed inspection times. If no inspection time is available or you are not able to make the listed times please select Book an Inspection Time or Contact Agent and register your interest. We highly recommend registering for an inspection you are going to attend to avoid disappointment for cancellations. If you are registered to attend an inspection you will be notified via SMS if the inspection is cancelled.*

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$130,000
Stamp duty$34,070
Conveyancing (est.)$2,000
Total upfront$166,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Melbourne

This 2-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 20: Anzac Station (tram)105 m away
  • BP Shop112 m away
  • Unnamed80 m away
  • Bowen Crescent Reserve269 m away
  • Eastern South Reserve507 m away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · Unit 2 bed

Compound growth -0.9% / yr over 4 yrs

$658kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full South Melbourne market

Within 5km

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