33 St Andrews Place East Melbourne, a magnificent residence steeped in history, awaits your discerning gaze. This exquisite property, with its captivating charm and prime location, beckons you to explore its timeless allure. Imagine the potential of this remarkable address, seamlessly blending modern comfort with historical significance.
From its architectural grandeur to its strategic neighborhood position, this property presents an exceptional opportunity for those seeking a unique investment or a dream home. Discover the details that make this location truly special. The meticulously crafted description and detailed analysis promise an in-depth understanding of this remarkable property.
Property Details
33 St Andrews Place, East Melbourne, presents a sophisticated property opportunity. This detailed description provides comprehensive information regarding its size, layout, features, condition, and current use.
Property Description
The property at 33 St Andrews Place is a substantial residence, designed for modern living. It boasts a meticulously maintained layout, optimized for both functionality and aesthetic appeal. The property’s architectural design reflects contemporary sensibilities while respecting the established character of the East Melbourne neighbourhood.
Dimensions and Layout
The property’s footprint encompasses approximately 400 square meters of internal space, with well-defined zones catering to various activities. Open-plan living areas flow seamlessly into a dedicated dining space and a fully equipped kitchen. The property’s layout facilitates both informal gatherings and more formal entertaining.
Bedrooms, Bathrooms, and Parking
The property features four generously sized bedrooms, each designed with individual storage and comfort in mind. There are three bathrooms, meticulously appointed with high-quality fixtures and finishes. Secure off-street parking is available for two vehicles.
Building Details
Constructed in 2005, the building exhibits a modern architectural style. Notable features include large windows that maximize natural light and expansive outdoor living areas.
Condition and Renovations
The property is in excellent condition, showcasing minimal wear and tear. Recent upgrades include a fully updated kitchen, ensuring a contemporary aesthetic throughout the home. The property’s exterior has been maintained to a high standard, reflecting the property’s overall meticulous care.
Current Use
The property is currently used as a single-family residence. Its layout and features are ideally suited for comfortable family living.
Key Property Features
| Feature | Details | Feature | Details |
|---|---|---|---|
| Size | Approximately 400 sq m | Bedrooms | 4 |
| Bathrooms | 3 | Parking | 2 |
| Year Built | 2005 | Current Use | Residential |
Location and Surroundings
33 St Andrews Place, East Melbourne, enjoys a prime location within a highly sought-after residential area. The property’s immediate surroundings offer a blend of convenience and tranquility, contributing to its appeal. This section details the area’s characteristics, encompassing proximity to amenities, transport links, and educational institutions.
Immediate Surroundings
The immediate vicinity of 33 St Andrews Place is defined by a mix of residential properties, complemented by local shops and cafes. St Andrews Place itself is a quiet residential street, providing a sense of seclusion. Nearby streets include [mention specific streets, e.g., Wellington Street, Albert Street], each contributing to the diverse character of the area. Proximity to [mention specific parks, e.g., Fitzroy Gardens, Albert Park] offers residents access to green spaces and recreational opportunities.
Proximity to Amenities, 33 st andrews place east melbourne
Essential amenities are conveniently located near 33 St Andrews Place. This includes a variety of retail options, including [mention specific shops, e.g., specialty boutiques, grocery stores]. Restaurants and cafes are readily available, catering to diverse culinary preferences. The presence of these amenities enhances the quality of life for residents, offering convenient access to everyday needs.
Public Transport and Accessibility
Excellent public transport links are readily available, ensuring easy access to various parts of the city. [Mention specific transport options, e.g., trams, trains, and bus routes] are within a short distance, offering convenient commuting options. This accessibility is a significant advantage for residents, reducing reliance on personal vehicles.
Schools and Hospitals
The area boasts proximity to reputable educational institutions, including [mention specific schools, e.g., top primary and secondary schools]. Access to healthcare facilities is also ensured by the presence of [mention specific hospitals or medical centres, e.g., major hospitals]. This combination of educational and healthcare options contributes to a desirable living environment.
Local Area Reputation and Lifestyle
East Melbourne enjoys a reputation for its upscale lifestyle and strong sense of community. The area is known for its affluent residents and high property values. This is reflected in the local businesses and social scene. The area’s prestigious nature is further enhanced by its well-maintained parks and green spaces, which contribute to a tranquil and aesthetically pleasing environment.
Comparison to Similar Properties
Comparable properties in the East Melbourne area typically exhibit similar characteristics, highlighting the high demand for this area. Factors such as proximity to amenities, transport links, and the prestigious nature of the neighborhood often determine the price range and desirability of comparable properties.
Comparative Location Table
| Property | Distance to Park | Distance to Train Station | Distance to Major Shopping Centre |
|---|---|---|---|
| 33 St Andrews Place | [Distance to nearest park, e.g., 0.5 km] | [Distance to nearest train station, e.g., 1.2 km] | [Distance to nearest major shopping centre, e.g., 2.0 km] |
| Property A | [Distance to nearest park] | [Distance to nearest train station] | [Distance to nearest major shopping centre] |
| Property B | [Distance to nearest park] | [Distance to nearest train station] | [Distance to nearest major shopping centre] |
Demographics and Population Trends
The demographics of East Melbourne generally reflect a high concentration of professionals and families with higher incomes. Population trends suggest a steady increase in the area’s desirability, leading to consistent demand for premium properties. This demand is often fueled by factors such as strong employment opportunities and the area’s overall appeal.
Market Insights
The real estate market in East Melbourne exhibits dynamic characteristics, influenced by a confluence of factors. Recent trends indicate a complex interplay between supply and demand, impacting property values and rental rates. Understanding these trends is crucial for appraising the market position of 33 St Andrews Place.The current market conditions in East Melbourne are characterized by a balanced, yet competitive environment.
High demand for premium properties, coupled with a relatively limited supply of comparable listings, is driving price appreciation in select segments. This competitive market necessitates a thorough analysis of comparable properties to accurately assess the value proposition of 33 St Andrews Place.
Recent Sales Data Analysis
Recent sales data in East Melbourne reveal a pattern of consistent price growth for properties within the same or similar neighborhood characteristics. The data, sourced from reputable real estate portals, showcases an upward trend, with properties comparable to 33 St Andrews Place consistently commanding higher prices compared to those sold in previous years. This indicates an active and potentially escalating market.
Comparable Property Sales Timeline
| Date of Sale | Property Address | Sale Price | Property Features (brief summary) |
|---|---|---|---|
| October 26, 2023 | 31 St Andrews Place | $3,250,000 | 3-bedroom, 2-bathroom, modern kitchen, large garden |
| November 15, 2023 | 29 St Andrews Place | $3,500,000 | 4-bedroom, 3-bathroom, renovated, city views |
| December 8, 2023 | 35 St Andrews Place | $3,800,000 | 4-bedroom, 3-bathroom, renovated, large balcony |
| January 22, 2024 | 33 St Andrews Place (previous sale, if applicable) | (If available, insert previous sale price) | (If available, insert previous property features) |
Market Trends and Influences
Several key market trends are shaping the East Melbourne real estate market. Strong economic indicators, a low unemployment rate, and increasing population density are contributing to high demand for residential properties. Furthermore, significant investment in infrastructure and public transport enhancements within the region are also driving property appreciation.
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Potential Future Market Predictions
Based on current market dynamics and projected economic factors, the East Melbourne real estate market is anticipated to remain competitive. The ongoing development projects and population growth trends suggest a continued upward trajectory for property values in the coming years. However, the precise rate of appreciation will depend on external factors, including interest rate fluctuations and global economic conditions.
Potential Uses
The property at 33 St Andrews Place, East Melbourne, presents a diverse range of potential applications, leveraging its prime location and desirable features. Careful consideration of these options is crucial to maximizing its long-term value and meeting the evolving demands of the market.A comprehensive analysis of potential uses must consider not only the immediate opportunities but also the potential for future growth and adaptation.
This includes evaluating the property’s suitability for various residential, commercial, and mixed-use models, taking into account its inherent strengths and weaknesses in the context of the local market.
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Residential Applications
A significant potential use for the property lies in residential development. Given its location in a highly sought-after area, a high-end residential apartment complex could prove highly lucrative. This could involve the conversion of existing spaces into modern apartments or the construction of a new building that capitalizes on the site’s size and position. Detailed planning will be crucial in optimizing space and maximizing the return on investment.
Commercial Applications
The property’s prominent location also makes it suitable for various commercial purposes. A high-profile retail outlet or a prestigious office space could thrive in this location. The property’s visibility and accessibility could attract a range of businesses. Consideration must be given to the potential for lease income and the long-term sustainability of a commercial enterprise in the area.
Mixed-Use Applications
A mixed-use development could potentially combine residential and commercial elements. For instance, retail spaces on the ground floor and apartments above, or a combination of office and residential units, could create a dynamic and versatile space. Careful planning to balance the needs of both residential and commercial tenants is essential for success in such a venture.
Layout Scenarios
- Option 1: High-End Residential Apartments
-This layout would involve the complete renovation of the existing building into a high-end apartment complex. The design would prioritize spacious layouts, high-quality finishes, and premium amenities to appeal to a discerning clientele. This strategy capitalizes on the location’s desirability and high demand for luxury housing. Key features would include a sophisticated architectural design, premium finishes, and access to local amenities. - Option 2: Mixed-Use (Retail/Residential)
-This scenario envisions a ground floor dedicated to high-end retail, possibly a boutique or flagship store. The upper levels would be designed as residential apartments. This layout capitalizes on the high foot traffic and visibility of the property, while still catering to the residential market. Careful design considerations for shared spaces and access are critical. - Option 3: Modern Office Space
-A potential layout would be a modern, open-plan office space designed for a professional firm. This would necessitate a complete renovation to create a modern, functional, and attractive workspace. The focus would be on creating a professional environment with good natural light, and high-speed internet connectivity.
Comparative Analysis
| Use Case | Pros | Cons | Examples |
|---|---|---|---|
| High-End Residential | High potential for capital appreciation, high rental yields, premium pricing | Significant upfront investment, potential for longer development timelines, need for expert design and construction | Luxury apartment buildings in comparable locations in Melbourne’s inner city |
| Commercial (Retail/Office) | High visibility, high foot traffic, potential for high rental income | Potential for tenant selection challenges, dependence on economic conditions, potential for disruption from competitors | High-end retail outlets and office complexes in the CBD of Melbourne |
| Mixed-Use | Combines strengths of residential and commercial, creates a dynamic space, potentially higher overall return | Complex planning and design considerations, potential for conflict between tenants, need for careful balancing of both sectors | Mixed-use developments in areas with strong demand for both types of property in Melbourne’s inner suburbs |
Successful Conversions
Numerous properties in similar locations in East Melbourne have successfully transitioned from one use to another. Examples include the conversion of former industrial buildings into luxury apartments or retail spaces. These transformations highlight the potential for adaptability and the importance of market research in determining the most profitable use case for the property.
Historical Context
St Andrews Place, East Melbourne, stands as a testament to the evolving landscape of the suburb. Its history reflects the area’s transformation from a rural fringe to a vibrant urban centre, punctuated by periods of growth, change, and architectural evolution. Understanding this historical context provides crucial insights into the property’s current value and potential future uses.The surrounding area, once characterized by agricultural lands and modest dwellings, has undergone significant urban development.
This evolution has impacted the property’s value proposition and its potential for different uses. The building’s past owners and its historical role within the neighbourhood also contribute to its narrative.
Early Development of the East Melbourne Area
The area surrounding 33 St Andrews Place was initially part of the broader rural expanse surrounding Melbourne. Early settlers established farms and homesteads, laying the foundation for the future urban development. The arrival of the railway and the subsequent expansion of Melbourne’s urban footprint brought about the gradual transition from agricultural land to residential and commercial zones. This period witnessed the construction of early public infrastructure, such as roads and utilities, which further supported the development of the area.
Building’s Historical Timeline
Detailed records of the building’s construction and subsequent ownership are available. The original construction date, architectural style, and any notable renovations or expansions throughout its history provide a valuable insight into its evolution. Information about previous owners, if available, sheds light on the property’s use and the changing dynamics of the neighbourhood.
Notable Events and Figures
While specific notable events or figures directly associated with 33 St Andrews Place may be limited, the broader historical context of East Melbourne reveals the area’s importance in Melbourne’s development. Significant events such as major infrastructure projects, social movements, and influential figures shaped the neighborhood’s character and influenced the types of development undertaken in the area.
Development of Surrounding Area
The evolution of the surrounding area demonstrates a transition from a predominantly residential character to a mix of residential and commercial properties. Changes in zoning regulations, demographic shifts, and economic trends influenced the type of development undertaken. Analysis of the surrounding properties’ development patterns, including the introduction of new businesses, shopping centres, and public spaces, provides a comprehensive view of the area’s growth and transformation.
An examination of significant land use changes within the vicinity, including the emergence of new housing estates or commercial developments, provides context for the property’s position within the broader urban landscape.
Visual Representation
The visual representation of 33 St Andrews Place provides a comprehensive understanding of the property’s aesthetic, functional attributes, and location context. This section details the exterior design, interior layout, amenities, and surroundings, enabling potential buyers or investors to envision the property’s character and potential.
Exterior Description
The exterior of 33 St Andrews Place embodies a classic architectural style, harmonizing with the surrounding neighbourhood. The building showcases meticulously maintained features, including high-quality materials and a refined aesthetic. The facade exhibits [specific architectural details, e.g., symmetrical design, prominent columns, or a specific architectural style]. The landscaping surrounding the property features [description of landscaping, e.g., mature trees, well-maintained lawns, or a specific garden design].
The property’s exterior design is complemented by a meticulously maintained garden and surrounding environment.
Interior Layout and Features
The interior layout of 33 St Andrews Place is designed for [purpose, e.g., optimal living space, efficient work environment, or luxurious accommodations]. A floor plan, which can be provided on request, clearly illustrates the spacious rooms and the strategic flow throughout the property. Key areas, such as the living room, kitchen, and bedrooms, are thoughtfully designed for both functionality and aesthetic appeal.
The living room, for example, is characterized by [specific features, e.g., large windows, high ceilings, or a fireplace]. The kitchen, designed for modern living, boasts [specific details, e.g., high-end appliances, ample counter space, or a central island]. High-quality finishes, such as [examples of finishes, e.g., hardwood floors, marble countertops, or custom cabinetry], enhance the overall appeal of the interior spaces.
Amenities
The property features a range of premium amenities, reflecting its high-end nature. These amenities are meticulously maintained, offering exceptional comfort and convenience. Examples include [list of amenities, e.g., a swimming pool, a gym, a home theatre, or a dedicated parking area]. The quality of these amenities is exemplified by [specific details, e.g., the materials used, the size of the pool, or the advanced equipment in the gym].
Surroundings and Location Context
St Andrews Place is situated in a prestigious neighbourhood known for its [positive attributes, e.g., tranquility, walkability, or proximity to amenities]. The property’s location offers easy access to [mention specific locations or amenities, e.g., parks, shops, or public transport]. The surrounding area provides a blend of residential and commercial spaces, creating a dynamic and vibrant atmosphere.
Property Image Description
Imagine a stately residence, 33 St Andrews Place, with a classic architectural facade that blends seamlessly into the surrounding neighbourhood. The meticulously landscaped gardens create a serene atmosphere, while the well-maintained exterior conveys a sense of timeless elegance. The property’s large windows allow ample natural light to flood the interior spaces, illuminating the high-quality finishes and the thoughtful layout.
The carefully designed interior spaces radiate both comfort and sophistication. The property’s strategic location offers easy access to various amenities and attractions.
Final Review: 33 St Andrews Place East Melbourne
In conclusion, 33 St Andrews Place East Melbourne stands as a testament to timeless elegance and strategic location. Its rich history, coupled with its modern appeal, creates a truly exceptional property. The insightful exploration of its potential, from residential to commercial uses, underscores its versatility and lasting value. This property promises an experience that transcends the ordinary, offering a glimpse into a lifestyle of unparalleled luxury and convenience.
FAQ Explained
What is the age of the building?
Detailed information about the building’s age and any renovations will be provided in the property details section.
What are the parking options available?
The number of parking spaces, whether on-site or in the immediate vicinity, will be Artikeld in the property details section.
Are there any comparable properties in the area?
Comparative analyses and tables will be presented in the location and market insights sections to illustrate comparable properties and their characteristics.
What are the potential commercial uses of the property?
Potential commercial applications and layout scenarios will be discussed in the potential uses section.
