

Bella Bellaria
Burlington Terrace
A two-storey East Melbourne terrace within the historic Burlington Terrace precinct, originally designed by noted architect Charles Webb in the 1860s. The approach is one of careful heritage restoration — reinstating calm formality, layered with refined materiality and timeless detailing. The interior is classically derived: quiet elegance, historical grounding, and a craftsmanship-first sensibility befitting a residence of significant architectural and cultural importance.
Within the storied Burlington Terrace, this two-storey East Melbourne terrace has been respectfully restored to honour its architectural and cultural significance. Designed as part of the 1860s terrace by noted architect Charles Webb, the home embodies a classically derived elegance – where proportion, restraint and craftsmanship define the interior experience.
Di Pietro Pierce's approach was one of careful heritage restoration: reinstating a sense of calm formality, layered with refined materiality and timeless detailing. The result is a classic, considered interior – quietly elegant, historically grounded, and fitting of a residence that holds an important place within Melbourne’s architectural and social history.
Kelkap is currently progressing a new boutique residential redevelopment opportunity in East Melbourne — one of Melbourne’s most prestigious and supply-constrained inner-city locations. The project follows the same proven investment approach utilised across prior Windsor and Albert Park developments.
Address
398 Albert Street, East Melbourne
Project Type
Premium residential redevelopment
Investment Time Frame
12 Months
Acquisition Price
$2.7m
Exit Strategy
Sale Upon Completion
Investment Strategy
Acquisition of a premium inner-Melbourne residential asset, Design-led renovation or redevelopment, Controlled construction timeframe, Defined exit via private resale.








