Four bedroom Albert Park house sold for $3.56 million

A four bedroom Albert Park house has been sold for $3.56 million.

Located at 16 Greig Street, the north facing property was renovated in the 1970s.

It was marketed as having the potential to be replaced with a modern property STCA with a generous 321 sqm block of land.

There are currently four bedrooms that leads to the central bathroom.

It is in close proximity to Gasworks Arts Park and Bridport Street village.

The median price of a house in Albert Park is $1,847,500, which is up compared to last year’s median price of $1.805 million.

The property was offered through Greg Hocking agents Sam Paynter and Greg Hocking.