OFF MARKET

214/1-3 Queens Road
Melbourne VIC 3004

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Property Details for 214/1-3 Queens Rd, Melbourne

Building Type
Commercial
Year Built
2003
Local Government
Port Phillip
Lot/Plan
214/PS500424

Last Listing description (October 2023)

The ideal opportunity to expand your investment portfolio is here.
Purposefully designed as a medical or consulting office, Suite 214 offers security with a lease guarantee until the end of 2024.

Featuring:
- Secure long-term tenant paying a gross rental of $15,000 per annum
- Thoughtfully built-out reception area
- Waiting area for clientele
- Two consulting rooms
- Natural light fills the suite through expansive windows
- Plumbing connected to each consulting room

St Kilda Rd Towers is a multi-purpose business hub, home to a variety of fantastic facilities and services including:
- Concierge services Monday to Saturday
- Fully equipped gymnasium with shower facilities
- Professional meeting and boardrooms for hire
- Gourmet food court and Squires Loft Restaurant and Bar
- Secure undercover car parking and storage facilities (available at an additional cost)
- Myotherapist

Discover the prime location of St Kilda Rd Towers! Situated just a 5-minute car ride from the CBD, with nearby tram stops and easy access to major freeways, commuting is a breeze. Immerse yourself in Melbourne's iconic attractions, including The Royal Botanic Gardens, NGV, MCG, Rod Laver Arena, and the vibrant entertainment precincts of Chapel St and Toorak Rd all just moments away. Embrace the convenience and excitement that surrounds St Kilda Rd Towers.

Call MCO today for more information or to book an inspection on 9863 8888.

Property History for 214/1-3 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$90,000
18 Sep 2023
  • 18 Sep 2023
    Sold for $90,000
  • 10 Jul 2023
    Listed for Sale $95,000.00
  • 19 Apr 2004
    Sold for $191,520

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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 13,564 properties. Over the last 5 years, Houses in Melbourne have seen a 80.70% increase in median value, while Units have seen a -2.76% decrease. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,977,872 while the median value for Units is $661,078.
  • Houses have a median rent of $625 while Units have a median rent of $625.
There are currently 94 properties listed for sale, and 48 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 640 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.