Directly opposite Albert Park Lake and surrounded by Melbourne's icons, this unique opportunity to purchase seven strata titled apartments with off street parking. With flexible tenancies in place the choice is yours: a great "set and forget" investment or a creative re-development STCA. This fine Art Deco building occupies a corner allotment with off street parking for six (3 garages on title) with each of the homes taking in light from north, west and south thanks to its staggered design in addition to the jewel of the crown occupying the whole top floor. Each apartment is unique and variously updated though they similarly offer: Two bright bedrooms, separate lounge and separate kitchen. Ornate ceiling designs and fireplace mantels Original doors, hardware and joinery Textured rendered walls, wood floors and steel framed windows with Lake aspects The jewel of this crown is the penthouse apartment with expansive windows and a wraparound terrace that's perfect to entertain on while enjoying the spectacular view across Albert Park Lake. The residence comprises a vast open plan living and dining zone with wood floors overlooked by a generous stone kitchen with stainless steel appliances (gas cooking and dishwasher). Two double bedrooms with access onto their own sunny balcony are served by a respectfully renovated Deco style bathroom with pedestal vanity and spa bath as well as a separate laundry. Incredible inner city location being able to hop over the road to Albert Park Lake & MSAC with easy access to Albert Park Village, Royal Botanic Gardens, St Kilda Rd, CBD and Arts Precinct. Inspect during scheduled open times or by appointment with the agent. Presented by Cayzer Real Estate Albert Park. All enquiries must include a phone number.