A GENERATIONAL RETAIL FREEHOLD – 37 YEARS IN THE MAKING
Lemon Baxter and MAKER Property are pleased to present 95-97 Dundas Place, Albert Park for sale by EOI. This represents a rare opportunity to secure a landmark retail freehold in one of Melbourne’s most tightly-held bayside precincts, offering blue-chip income and long-term flexibility.
Positioned in the heart of the famed Albert Park Village, this retail freehold comprises a striking two-level building with an Art Deco façade. Anchored by Woolworths Group Limited and held by the same families since 1989, the property delivers secure, low-risk holding income.
Key Features:
– Land area of 388.5sqm* in the best retail location in Albert Park
– Substantial two-level retail building with a striking Art Deco façade
– Secure, essential-service covenant tenanted by one of Australia’s largest ASX-listed businesses.
– Ownership held by the same owners since 1989
– Commercial 1 Zone (C1Z) providing significant scale and future expansion potential
– Guaranteed income stream with genuine long-term repositioning upside (STCA)
Location:
– Positioned on Dundas Place, the intimate retail heart of Albert Park Village
– Moments from St Vincent Place, Port Phillip Bay beaches and Albert Park Lake
– Excellent public transport connectivity via Tram Route 1 and Light Rail Route 96
– Just 3km* from the Melbourne CBD
– Surrounded by high-end cafés, boutique retailers, and Australia’s most established residential catchments
For Sale by Expression of Interest closing Wednesday, 30th September 2026 at 1:00pm (AEST).
Contact our selling agents for more information.
*Approx.
