1-6/221 Esplanade, Altona, Vic 3018

For Sale

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, September 30, 2026 ( See property details for 1-6/221 Esplanade, Altona, Vic 3018)

$2,150,000 - $2,250,000

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Eric Mancini Director

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

An exceptional waterfront investment opportunity featuring six classic brick units on a spacious 801sqm allotment in Altona, with development potential (STCA).

🏡 Property Highlights

Prime waterfront location with coastal outlooks
Six spacious brick units ideal for investment or redevelopment
Generous 801sqm allotment within walking distance to amenities
Close proximity to Altona Village, Pier Street, and Altona Station
Potential for multi-dwelling development (STCA)
Excellent access to Cherry Lake, Kooringal Golf Club, and major transport links

✨ Key Features

Waterfront / Views
Open-Plan Living
Built-in Robes
Outdoor Area
Secure Parking
Garage
Pet-Friendly
Internal Laundry
Floorboards
Ensuite

Suburb and Property Insights of Altona, VIC 3018

Altona is a vibrant coastal suburb renowned for its stunning beaches, lively village atmosphere, and excellent transport links. It offers a diverse range of dining, shopping, and recreational options, making it highly desirable for both residents and investors. The area boasts scenic parks, waterfront views, and easy access to Melbourne’s CBD, ensuring a balanced lifestyle with convenience. Its strong community vibe and ongoing development prospects make Altona a top choice for property investment.

Frequently Asked Questions

What is the current condition of the units, and are there any renovations needed?

The units are described as classic brick constructions, and a detailed inspection is recommended to assess their condition and any renovation requirements.

Are there existing planning permits or approvals for redevelopment or multi-dwelling development?

Development potential (STCA) indicates that planning approval is subject to council consent; prospective buyers should consult local planning authorities for specific requirements.

What are the ongoing costs associated with owning this property, such as council rates and maintenance?

Ongoing costs typically include council rates, water rates, and maintenance, which should be confirmed with the current owner or relevant authorities.

Is there any history of flooding or environmental risks in this waterfront area?

Potential buyers should review local flood maps and environmental reports to assess any risks associated with the waterfront location.

Are there any restrictions or covenants affecting the property’s development or use?

Potential restrictions or covenants should be verified through title searches and local council regulations prior to purchase.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the property been affected by flooding, bushfire risks, or environmental hazards? Are there any zoning restrictions or easements that could impact redevelopment plans? Is there any ongoing or planned construction nearby that could affect the property’s value or enjoyment? Are there any strata or body corporate fees applicable to this property? What are the specific planning restrictions or requirements for multi-dwelling development (STCA)? Are there any existing issues with the units that require urgent repairs or upgrades? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from neighboring properties? What are the long-term prospects for property value growth in this area?

1-6/221 Esplanade, Altona, Vic 3018 - More Details

$2,150,000 - $2,250,000

This exclusive waterfront property comprising 6 classic brick units is now an incredible opportunity for savvy investors. Primed to become a dream home with coveted coastal outlooks or a multi-dwelling development (STCA) in this prized location, this property shows promise of monumental proportions.

This beachside 801sqm (approx.) allotment is situated within walking distance of Altona Village, Pier Street, Altona Station, and Altona Primary School. Within moments, new owners can also reach Cherry Lake, Kooringal Golf Club, freeway access to the CBD, and several key shopping precincts including Harrington Square and Altona Gate. For developers, from every aspect, it doesn't get any better than this.

Guaranteed to take top spot on any investor's wish list, this property requires prompt inspection to make it your own. Plan your viewing today.

Type: Block Of Units
Bedrooms: 6
Bathrooms: 6
Parkings: 6

Price guide

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1-6/221 Esplanade, Altona, Vic 3018

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