Apartment

145A Victoria Avenue

Albert Park VIC 3206, Australia

1Bedrooms
1Bathrooms
-Parking
532 m²Land size
109 m²Internal area
$1,820,000Last sale (2018)

Snapshot

Key points for 145A Victoria Avenue.

  • Estimated market value: $910,000
  • Recorded price: $780,000
  • Land size: 532 m²
  • Mixed‑use: ground‑floor shop & retail with upstairs residential flat
  • Estimated weekly rent: Estimated $730 per week (≈4.2% yield) for the residential flat

About this property

yardizepropertyrecord

145A Victoria Avenue is in Albert Park, VIC and is presented as an Apartment with land size of 532 m², internal area of 109 m². 145 A Victoria Avenue, Albert Park, is a mixed‑use property comprising a ground‑floor shop & retail space (153 m²) leased to a laundromat/dry‑cleaning business and an upper‑floor residential flat (1 bed, 1 bath, 109 m²) Price: $780,000.

The estimated market value is $910,000 and the estimated weekly rent is $738 per week

Key details

Locality
Albert Park
State
VIC
Coordinates
37.84607018 / 144.94993765
GNAF PID
GAVIC410732003
Legal parcel ID
3\LP16697
Remoteness area
Metro
Property type
Commercial
Land size
532 m²
Internal area
109 m²
Built
1970
Internet
FTTC – up to 100 Mbps down/40 Mbps up, eligible for FTTP upgrade
Mobile coverage
5G
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
HO443 – heritage protection
Zoning
Residential
Land Use Category
Commercial

Commercial property information

Laundromat / dry‑cleaning business
Shop
RetailLaundro‑cleaning
Verified at this address

Lease recorded 9 Nov 2018 and renewed; still active as of 2026.

Laundromat and dry‑cleaning services operating on the ground floor.

Market estimates

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

Expected weekly rent
$738
Expected property value
$910,000
Estimated yield
4.22%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
15 Mar 2018
Unit 145
$1,820,000$3,421

Price per m² based on land size of 532 m².

Rental history

EventDateWeekly rent
Lease
27 Oct 2021
Unit listed; Residential unit listed for rent
$600/week
Lease
9 Jul 2020
Unit listed; Residential unit listed for rent
$620/week
Lease
9 Nov 2018
Unit laundromat/dry
—

Property insights

Property Features

  • Ground‑floor shop and retail space (153 m²) leased to a laundromat/dry‑cleaning businessCommercialrealestate.com.au
  • Upstairs 1‑bedroom, 1‑bathroom flat apartment
  • Mixed‑use: ground‑floor shop & retail with upstairs residential flat
  • Estimated weekly rent: Estimated $730 per week (≈4.2% yield) for the residential flat

Recorded sales and leasing agents

  • The property was sold for $1,820,000 on 15 March 2018Commercialrealestate.com.au
  • The commercial ground‑floor space is leased to a laundromat/dry‑cleaning business under a three‑year lease that has been renewed
Recorded sale agency (2018 sale)
RT Edgar Albert Park recorded for the 2018 sale
Recorded listing contacts
RT Edgar Albert Park 03 9699 7222

Real Estate Agencies

Ordered by:
Gary Peer & Associates (St Kilda) - ST KILDA
3.6 km
Marshall White - Port Phillip
0.9 km
Buxton - Port Melbourne
1.2 km
Jellis Craig - Port Phillip
0.8 km
BigginScott - Richmond
4.5 km
Kay & Burton - Bayside
5.2 km
Nick Johnstone Real Estate - Brighton
7.7 km
WHITEFOX Real Estate - Port Phillip
0.8 km
James Nicolaou Real Estate - Port Phillip
1.1 km
Belle Property - Albert Park
0.5 km
Wilson Agents - Glen Eira
7.1 km
Melbourne Residential Real Estate - Southbank
4.0 km
Hodges - Prahran/South Yarra
3.7 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Albert Park College
0.3 km
Secondary school | Government
Albert Park Primary School
0.5 km
Primary school | Government
Middle Park Primary School
0.7 km
Primary school | Government
Port Phillip Specialist School
1.2 km
Special school | Government
Galilee Regional Catholic Primary School
1.2 km
Primary school | Independent
South Melbourne Park Primary School
1.3 km
Primary school | Government
Montague Continuing Education Centre
1.7 km
Special school | Government
Port Melbourne Primary School
1.9 km
Primary school | Government
South Melbourne Primary School
1.9 km
Primary school | Government
Port Melbourne Secondary College
2.2 km
Secondary school | Government
Melbourne Grammar School
2.5 km
Combined school | Independent
Wesley College
2.6 km
Combined school | Independent
St Kilda Park Primary School
2.8 km
Primary school | Government
South Yarra Primary School
3.2 km
Primary school | Government
Macrobertson Girls High School
2.2 km
Secondary school | Government
Victorian College of the Arts Secondary School
2.4 km
Secondary school | Government
Melbourne Girls' Grammar School - An Anglican School
3.4 km
Combined school | Independent
Prahran High School
3.7 km
Secondary school | Government
Ozford College
3.7 km
Secondary school | Independent
Haileybury College - City Campus
3.9 km
Combined school | Independent
* Approximate straight-line distances

Frequently asked questions

How many bedrooms does the residential flat have?
How many bathrooms are in the flat?
What is the recent sale price of the property?
What is the estimated market value of the unit?
What is the estimated weekly rent?
Is there any heritage protection on the property?
How many bedrooms, bathrooms, parking spaces, or other key details are listed?

145A Victoria Avenue is described with land size of 532 m², internal area of 109 m², built around 1970

Auction held for property (ground floor commercial upstairs residential) at 15 mar 2018 13 00 Commercial Real Estate
What asking price or listing price is shown?

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