1/47 O'Grady Street, Albert Park VIC 3206

Sparkling city views and bay glimpses showcase this jaw dropping, 1912 theatre conversion that presents a unique opportunity to secure a rare piece of Albert Park. Spanning four light filled storeys this architectural gem features three designer bedrooms, three luxury bathrooms, three terraces and an astonishing 3 storey arched window.

An array to the senses, it is immediately welcoming while clever design inclusions allow it to maximise space and light for a truly indoor outdoor lifestyle. Showcasing function and form the impressive stone kitchen with an array of stainless steel appliances divides designer living spaces that include a sizeable formal dining room for elegant soirees, a casual meals area with customised seating and a light filled living area with gas rock fire and glass bi-folds opening onto a large wrap around alfresco entertaining terrace with gas pizza oven.

Great accommodation is provided with three double bedrooms, master with sensational city views a custom bed head, fitted walk in robe and fully tiled ensuite with double rainhead shower. The second bedroom boasts a unique parquetry feature wall and generous built-in robes while the versatile study with unique sliding barn door, built- in robes and stylish bookcase/retractable bed acts as a delightful third bedroom option with private balcony access. Two more luxurious bathrooms are a real surprise, as is the vast, fully decked out rooftop terrace with huge mobile day bed, timber table, TV, direct to mains BBQ, stylish planter boxes and of course sensational city views.

Premium extras include ducted heating and cooling, two gas log fireplaces, intercom entry, alarm system, two secure car spaces, a storage cage, lift services, and a communal indoor heated pool. Located in a blue ribbon locale a stroll to trendy Albert Park shopping and cafe precinct, bus and tram transport, Albert Park Lake and popular Port Melbourne Beach you'd be hard pressed to find a better location, so be quick or you'll miss out.

Property is being offered with all existing furniture and fittings.

Investors please note depreciation schedule will be available.