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Mixed-use Property

1/198 Kerferd Road

Albert Park VIC 3206, Australia

3 Bedrooms
2 Bathrooms
1 Parking
320 m² Land size
- Internal area
$1,780,000 Last sale (2019)

About this property

yardizepropertyrecord

1/198 Kerferd Road is in Albert Park, VIC and is presented as a Mixed Use with 3 bedrooms, 2 bathrooms, 1 parking space, land size of ≈ 320 m². The address combines residential and commercial uses; the residential component is recorded as 3 bedrooms and 2 bathrooms; the commercial side includes G & F Productions Pty Ltd and Bright Path AI.

Detached/semi‑detached 3‑bedroom residential unit with 2 bathrooms, 1 garage on an approx 320 m² block Price: Off‑market. The estimated market value is $2,630,000 and the estimated weekly rent is $1,202 per week

Also written as Unit 1, 198 Kerferd Road.

Key details

Locality
Albert Park
State
VIC
Coordinates
37.848325 / 144.951648
GNAF PID
GAVIC410729602
Legal parcel ID
1A\SP21537
Remoteness area
Metro
Property type
Mixed Use
Unit land size
320 m²
Unit internal area
-
Internet
FTTC (upgradable to FTTP)
Mobile coverage
5G
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
HO442
Land Use Category
Mixed Use

Commercial property information

G & F Productions Pty Ltd
Office
Business office
Not verified / may have moved
Bright Path AI
Office
Business office
Not verified / may have moved

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$1,202
Expected property value
$2,630,000
Estimated yield
2.38%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
4 May 2020
Sale
8 Nov 2019
$1,780,000
Sale
4 Mar 1995
$245,000

Property insights

Property Features

  • Three bedrooms, two bathrooms, and a single‑car garage Planning permit withdrawn Port Phillip Council PDF
  • Registered business address for G & F Productions Pty Ltd and Bright Path AI Whitepages.com.au 52.62.77.108
  • Approximate land area of 320 m² on a standalone semi‑detached block
  • Recent Value Estimate: Approximately A$2.3‑$2.6 million (mid‑2020s figures)
  • Estimated Weekly Rent: Around A$1,300 per week (range $1,165‑$1,415)
  • Planning Permit Withdrawn: VicSmart permit PDPL/01015/2021 withdrawn March 2022; no development proceeded
  • Car spaces: 1

Recorded sales and leasing agents

  • Sold for $1,780,000 on 8 Nov 2019
  • Listed and sold by Jellis Craig – Albert Park
Recorded sale agency (2020 sale)
Jellis Craig – Albert Park recorded for the 2020 sale

Area insights

The surrounding precinct places hospitality venues within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Gary Peer & Associates (St Kilda) - ST KILDA
3.3 km
Marshall White - Port Phillip
1.0 km
Buxton - Port Melbourne
1.5 km
Jellis Craig - Port Phillip
0.9 km
BigginScott - Richmond
4.5 km
Kay & Burton - Bayside
5.1 km
Nick Johnstone Real Estate - Brighton
7.5 km
WHITEFOX Real Estate - Port Phillip
0.9 km
James Nicolaou Real Estate - Port Phillip
1.4 km
Belle Property - Albert Park
0.7 km
Wilson Agents - Glen Eira
6.8 km
Melbourne Residential Real Estate - Southbank
4.2 km
Hodges - Prahran/South Yarra
3.6 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Albert Park Primary School
0.7 km
Primary school | Government
Middle Park Primary School
0.5 km
Primary school | Government
South Melbourne Park Primary School
1.3 km
Primary school | Government
Albert Park College
0.5 km
Secondary school | Government
Galilee Regional Catholic Primary School
1.4 km
Primary school | Independent
Port Phillip Specialist School
1.5 km
Special school | Government
Montague Continuing Education Centre
2.0 km
Special school | Government
Macrobertson Girls High School
2.2 km
Secondary school | Government
South Melbourne Primary School
2.1 km
Primary school | Government
Victorian College of the Arts Secondary School
2.5 km
Secondary school | Government
Melbourne Grammar School
2.5 km
Combined school | Independent
Wesley College
2.5 km
Combined school | Independent
Port Melbourne Primary School
2.2 km
Primary school | Government
St Kilda Park Primary School
2.5 km
Primary school | Government
South Yarra Primary School
3.1 km
Primary school | Government
Port Melbourne Secondary College
2.5 km
Secondary school | Government
Melbourne Girls' Grammar School - An Anglican School
3.4 km
Combined school | Independent
Prahran High School
3.5 km
Secondary school | Government
Ozford College
4.0 km
Secondary school | Independent
St Michael's Grammar School
3.7 km
Combined school | Independent
* Approximate straight-line distances

Frequently asked questions

What parking is available?

A single‑car garage provides one parking space

Planning permit withdrawn Port Phillip Council PDF
What kind of property is this?

1/198 Kerferd Road is listed as Mixed Use in Albert Park, VIC

Planning permit withdrawn Port Phillip Council PDF
How many bedrooms does the unit have?
How many bathrooms are included?
What is the estimated market value of the property?

Estimated market value is $2,103,000

Planning permit withdrawn Port Phillip Council PDF
What is the estimated weekly rent?

Estimated weekly rent is $1,290 per week

Planning permit withdrawn Port Phillip Council PDF
When was the property last sold and for how much?

It sold for $1,780,000 on 8 Nov 2019

Planning permit withdrawn Port Phillip Council PDF
What type of property is it?

It is a residential unit that also serves as a registered business address, giving it a mixed‑use character

Whitepages.com.au

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