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'The Terrace'

260 Albert Street

East Melbourne, Victoria, 3002, Australia

Property ID: #11977177 // Residential
    / 15
Traditional Sale
List Price:
USD $5,596,401.51
This amount was converted from the original amount of 8,000,000.00 AUD to USD at the exchange rate as of 2026-11-03 02:00:00 UTC
Icon - ft²
Icon - acres
Icon 3 beds
Icon 3 baths
Title:
'The Terrace'
Address:
260 Albert Street
City:
East Melbourne
State, Province or Island:
Victoria
Zip Code:
3002
Country:
Australia
Property Type:
Residential
Additional Property Types:
Residential
Beds:
3
Total Baths:
3
Data Source:
Properstar
MLS/Reference Number(s):
113834688
Source Property Type:
House

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Property Information

The Terrace is a rare and meticulously restored Victorian residence developed by Pask, offering over 320sqm (approx.) of luxurious internal living. The home provides the flexibility to exist as a standalone residence or, should the owner wish, to be part of the owners corporation with access to shared resident amenities. Excitingly, there is also the potential for a lift to be installed servicing all levels, with plans available upon request. This creates an exceptional opportunity for downsizers, professionals or long-term owner-occupiers seeking a timeless heritage residence with the ability to future-proof their home for years to come.
Carefully restored and returned to its original grandeur, the residence presents a beautifully reinstated façade with intricate iron lacework, a grand bay window and tessellated verandah, elevated above a formal landscaped garden that enhances its striking heritage presence. Inside, the home has been thoughtfully reimagined by renowned designer Andrew Parr of SJB, where soaring ceilings, ornate detailing and grand proportions are paired with a refined contemporary palette. A marble fireplace, limed timber floors and a sculptural staircase blend effortlessly with the home’s Victorian character, creating sophisticated yet timeless living spaces.
At the heart of the home, the vibrant green kitchen is both bold and elegant, featuring marble surfaces, brass accents and premium European appliances. Steel-framed doors connect seamlessly to courtyard and built in BBQ that is light-filled, private and perfectly suited to both everyday living and refined entertaining. Upstairs, three serene bedrooms and a dedicated study combine restored heritage beauty with a calming neutral palette. The magnificent main suite enjoys beautiful views across Fitzroy Gardens and features a marble fireplace together with a luxurious ensuite appointed with a freestanding bath, few luxuries compare to soaking in the bath while enjoying uninterrupted views across one of Melbourne's most iconic and beautiful gardens.
On the lower level, an intimate cellar with wine fridge and ice making machine provides a moody retreat inspired by classic speakeasies, ideal for wine appreciation, film nights or relaxed evening gatherings with friends.
Positioned within one of Melbourne’s most tightly held and prestigious precincts, the home enjoys immediate proximity to Fitzroy and Treasury Gardens, the MCG, and the CBD’s world-class dining, shopping and cultural attractions, together with excellent transport connections just moments away.
We are pleased to share that The Terrace has been shortlisted in the IDEA Awards – ‘Residential Single’ category.
You can view the full shortlist here -
https://www.australiandesignreview.com/idea/2026/shortlist/residential-single/
Additionally, SJB have been shortlisted for the ‘Designer of the year’ category which is very exciting.
Shortlisted projects will be published in issue #123 of Inside magazine, on sale in August 2026.
Award winners and commendations will be announced at the IDEA Gala Party held in November 2026.

Source Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-10-14 18:01:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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