404/74 Queens Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Only about 3km from Melbourne CBD and right opposite Albert Park Lake and Golf Course, Monarc Tower, is well recognised as a popular boutique residential building, suitable for lifestyle living and fantastic investment.
Sitting on the most sought-after Western side of Level 4 and beautifully presented, Apartment 404 offers open plan living space, sleep European kitchen fully equipped with stainless steel appliances, king size main bedroom, second bedroom/home office, stylish bathroom/semi ensuite, Euro laundry, decent-sized balcony overlooking Queens Rd with stunning views toward Albert Park Lake, Golf Course and beyond.
Also features floor to ceiling windows, split system air-conditioning, intercom system plus one security car park in Basement and storage cage on Level 4.
The low maintenance tower also features gym, lobby and building manager on site.
Truly a fantastic opportunity for either owner-occupiers or astute investors.
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 13,419 properties. Over the last 5 years, Houses in Melbourne have seen a 15.95% increase in median value, while Units have seen a -5.15% decrease. As at 31 October 2024:
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