402 Park Street, South Melbourne, Vic 3205

$1,590,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 402 Park Street, South Melbourne, Vic 3205)

$1,590,000

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

A beautifully presented Art Deco three-bedroom home in a coveted South Melbourne location, offering period charm, modern updates, and secure parking.

🏡 Property Highlights

  • Prime location just a short stroll from St Vincent Gardens and Albert Park Village
  • Solid-brick Art Deco residence with period features and modern updates
  • Light-filled, generously proportioned two-level floor plan
  • North-facing courtyard ideal for relaxed entertaining
  • Secure parking via ROW with ample space for two vehicles
  • Close to cafes, trams, South Melbourne Market, and Albert Park Lake

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Ceiling Fans
  • Heating

South Melbourne is a vibrant and highly sought-after suburb renowned for its historic charm, lively cafes, and proximity to Albert Park Lake. It offers excellent transport links, a strong community feel, and a diverse range of amenities, making it ideal for both lifestyle and investment. The area boasts beautiful parks, boutique shopping, and a rich cultural scene, all within easy reach of the CBD. Its walkability and access to public transport make it perfect for those seeking convenience and a dynamic urban environment.

What is the condition of the property and are there any recent renovations?
The property is well-presented with period features retained and recent updates including a refurbished floor plan, updated kitchen, and modern bathroom, making it move-in ready.
What are the future renovation or extension possibilities (STCA)?
There is clear scope for future personalisation or renovation, subject to council approval, to further enhance the property's value and functionality.
Is the property suitable for families or investors?
With three bedrooms, a spacious layout, and excellent location close to amenities, the property is ideal for families or investors seeking a high-quality asset in a desirable suburb.
What are the nearby amenities and transport options?
Cafés, trams, South Melbourne Market, Albert Park Lake, and key transport links are all within close proximity, offering a highly convenient lifestyle.
Does the property have any special features for comfort or security?
Yes, the home features double glazing, security screens, fly screens, and electric heating for added comfort and security.
Are there any upcoming council or community plans that could affect the property or neighbourhood? Are there any easements, zoning restrictions, or planning overlays that could impact future renovations? Has the property been tested for flood or bushfire risks? Are there any known issues with the period features or structural elements? What are the strata or council rates, and are there any additional fees or levies? Is there any history of pest or termite activity in the property? Are there any restrictions on parking or access via the ROW? What is the condition of the roof, plumbing, and electrical systems? Are there any planned developments or construction nearby that could impact privacy or noise? Has the property been inspected for asbestos or other hazardous materials?

402 Park Street, South Melbourne, Vic 3205 - More Details

$1,590,000

Just a short stroll from St Vincent Gardens on the Albert Park fringe, this solid-brick three-bedroom Art Deco residence sits among the area's most coveted addresses, with a northern rear aspect and secure parking via ROW adding to an already compelling proposition.

Retaining period beauty over two light-filled levels, the refurbished floor plan is generously proportioned, leading through an entry foyer to a sizable living room, replete with ornate ceilings and leadlight windows. An updated kitchen and meals area, appointed with a dishwasher and gas cooking, steps directly to a sun-drenched north-facing courtyard for relaxed entertaining, where there’s ample room for two vehicles to park securely. Upstairs, a modern family bathroom serves the three bedrooms, which all boast hardwood floors, including two with built-in robes and double glazing for added comfort.

Although wonderfully presented for immediate enjoyment with a full laundry, guest powder room, electric heating and excellent storage, it also offers clear scope for future personalisation or renovation (STCA) to further capitalise on the address. With cafés and trams at the door, Albert Park Village moments away, and South Melbourne Market, Albert Park Lake, the beach and key transport links all close by, it rewards well beyond its footprint. Land size: 204sqm (approx).
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

Price guide

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