SOLD
Sold on 27 Nov 2023 for $182,000

1210/1-3 Queens Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
Land area: 4374m2
Sold By
G&H Property Group Melbourne
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Property Details for 1210/1-3 Queens Rd, Melbourne

Building Type
Commercial
Year Built
2003
Floor Size
40m2
Land Size
4374m2
Local Government
Port Phillip
Lot/Plan
1210/PS500424

Last Listing description (January 2024)

Be quick to get a solid investment with fantastic returns. Currently leased to large company enjoying the front facing views that are incredibly impressive. Overlooking the Albert Park Lake and the Ocean this always has a line up of prospective tenants when these rare options become available. There is so much to offer in St Kilda Towers! Located in prime position only a stones throw to the CBD and easy access to all parts of Melbourne.

Key Features:

* 40m2 of space flooded with stunning views and natural light

* Currently leased at $18,024.00 + GST + Outgoings from 19/10/23
* Further 2 options of 1 year by 1 year with 3% increases year on year
* Ready for immediate occupation and business enhancement
* Make your business aspirations a reality by taking advantage of this prime

Opportunity. Contact us today to schedule a viewing of 1210/1 Queens Rd, Melbourne, and discover the potential that awaits your business. Don't miss out on this remarkable space!

Property History for 1210/1-3 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$182,000
27 Nov 2023
  • 27 Nov 2023
    Sold for $182,000
  • 12 Nov 2023
    Listed for Sale Price on Application
  • 05 Oct 2017
    Listed for Sale Not Disclosed
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,565 properties. Over the last 5 years, Houses in Melbourne have seen a 131.21% increase in median value, while Units have seen a -4.96% decrease. As at 31 July 2024:

  • The median value for Houses in Melbourne is $2,091,693 while the median value for Units is $640,848.
  • Houses have a median rent of $630 while Units have a median rent of $625.
There are currently 96 properties listed for sale, and 51 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 626 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.