FOR SALE
$420,000 - $450,000

603/39 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Art Deco Style - Boutique Complex

Positioned on level six of the Madison, a classic Art Deco style building, located on the corner of Queen Street and Flinders Lane, this classic two bedroom apartment is an absolute gem, offering a totally convenient city lifestyle and ready to enjoy. Featuring secure intercom entry and lift access, the versatile floor plan design has a practical layout including a spacious open plan living/dining area with high ceilings, original steel framed windows. The well appointed dedicated kitchen area has ample bench & cupboard space and electric cooking. Two good size bedrooms, the main with generous built in robes and the second bedroom would also be ideal for those wanting to set up as a home office or study. The bathroom is also well appointed including a bath and there is also a separate laundry that is often a rarity in apartments.
The position provides for a totally convenient city lifestyle with passing transport, a close walk to Collins Street trams, Flinders Street Station, shops, cafes, the Yarra River or an easy bus ride to Queen Victoria Market for grocery shopping. A first class opportunity for the owner occupier or the investor in this tightly held popular building.
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Property Details for 603/39 Queen St, Melbourne

603/39 Queen St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Dingle Partners - Melbourne.

Building Type
Apartment

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,854 properties. Over the last 5 years, Houses in Melbourne have seen a -37.57% decrease in median value, while Units have seen a 0.09% increase. As at 30 September 2024:

  • The median value for Houses in Melbourne is $742,012 while the median value for Units is $459,555.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 304 properties listed for sale, and 276 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2021 properties were sold in the past 12 months in Melbourne.

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Robert Eggers
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Dingle Partners - Melbourne
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