James Home Rating: 741 | Grade B+ | August 2026
The land is a big part of the opportunity here.
Set on a wide, tree-lined street with the village, Albert Park Lake and the beach all within walking distance, the location is hard to fault. There is also plenty of on-street parking, plus the real bonus of a double carport accessed from the rear.
The home was renovated and extended some time ago. It is definitely liveable as is, but I suspect most buyers will see this as a renovation opportunity rather than a finished home.
The question is how far you take it. You could work with the existing footprint and improve the home, or consider a more significant renovation, depending on what the numbers support.
What makes it interesting is the combination of land, character and liveability. Finding this amount of land with an Edwardian home in this location is not particularly common.
There should be plenty of buyers who see the potential here. The question is whether they can agree on what that opportunity is worth.
Property link: https://www.realestate.com.au/property-house-vic-middle+park-152108876
