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402/250 Albert Street

East Melbourne, VIC 3002, Australia
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3 bed 3 bath 2 car2 ha

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About this property

Positioned in a premium lifestyle location behind two distinctive period homes, this incredible residence is placed in one of Melbourne's most prestigious new addresses. This exceptional fourth floor apartment commands uninterrupted views across the heritage canopy of Fitzroy Gardens to the city skyline beyond. Comprising three bedrooms and three bathrooms, the residence offers remarkable flexibility, with captivating dimensions and spectacular views through full height windows. A softly layered neutral palette establishes a sense of tranquillity, complemented by a carefully curated selection of natural materials and bespoke finishes. European marble, engineered European oak flooring and a suite of Gaggenau, Liebherr and Miele appliances underscore the home's uncompromising quality. The open plan living and dining domain extends seamlessly to a generous parkside terrace, creating a refined setting for indoor-outdoor entertaining. The kitchen is anchored by a sculptural marble island and supported by a fully appointed scullery and integrated wine refrigeration. The palatial primary suite is conceived as a private retreat, complete with a walk in robe, freestanding bath and its own east facing terrace. A second ensuite bedroom and an additional bedroom serviced by a beautifully appointed main bathroom completes the accommodation. Stone, timber and fluted glass detailing are paired with statement lighting and exquisite Brodware tapware throughout. Arrival is via a landscaped pathway designed by Nathan Burkett Landscape Architects, leading to a soaring, sculptural foyer. A striking marble fireplace sets the tone, while residents enjoy access to a private lounge, bar and formal dining room for intimate gatherings, all flowing through sliding glass doors to a leafy, tranquil courtyard. Opposite, Fitzroy Gardens offers immediate immersion in one of Melbourne's most historic parklands. East Melbourne's enduring character, proximity to the CBD and connection to Carlton and Fitzroy create an unmatched inner city lifestyle, moments from the MCG, Melbourne Park, the National Gallery of Victoria and Melbourne's renowned cultural and dining institutions. This landmark collaboration by Pask, in partnership with fjcstudio and SJB, and delivered by Cobild, represents a rare opportunity to secure a residence of enduring significance.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
2
Land Area
2 ha
Listed
3 months ago

Repayment calculator

$4,000/month
$2,000 /fortnight
Loan $660,000 at 6.10% over 30 years

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

Upfront costs

Deposit$165,000
Stamp duty$44,570
Conveyancing (est.)$2,000
Total upfront$211,570
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 East Melbourne

This 3-bedroom apartment in East Melbourne, VIC 3002 sits within reach of public transport, local shops local amenities.

What's nearby

  • Clarendon Street/Victoria Parade (bus)97 m away
  • Sutherland Fine Wine183 m away
  • Fitzroy Gardens369 m away
  • Rainbow Road401 m away
  • Oxford Street Park405 m away

East Melbourne at a glance

Full suburb profile
Population
4,896
Median age
42
Household income
$2,345/wk
Median rent
$480/wk
Median mortgage
$2,383/mo

Source: ABS Census.

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Suburb market

Suburb price trend

East Melbourne price trend

Median sold · Unit 3 bed

Compound growth -9.2% / yr over 4 yrs

$2.00mcurrent median

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

Full East Melbourne market

Within 5km

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