OFF MARKET

902/74 Queens Road
Melbourne VIC 3004

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Property Details for 902/74 Queens Rd, Melbourne

902/74 Queens Rd, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Local Government
Port Phillip
Lot/Plan
902/PS641029

Last Listing description (November 2023)

This inviting light filled layout offers a sky-high retreat on the ninth floor of this stylish and centrally located apartment building.

Featuring a spacious open plan kitchen/living which opens to your own large 52sqm (approx.) private balcony complete with stunning views overlooking Albert Park Lake and the Melbourne skyline.


Complete with two bedrooms, master with built in robes and direct balcony access while the second bedroom offers a dedicated workspace with a desk. Both rooms are connected to the central bathroom featuring a walk-in shower and space for washing machine.

Added conveniences include heating/cooling, secure parking for one car on the premises, communal gymnasium and a moderate owners corporation fee which includes a full-time building manager.

Whether you are looking for your first property or an investment property this property ticks all the boxes. Vendor is happy to sell fully furnished from head to toe making it easy to move right in or rent out straight away (subject to existing bookings).

Appealing to investors looking for short term rentals, since November 2022 this property has had a gross income of $47k (approx.) and an occupancy rate of 85-90% (approx.) for the last 8 months. Also achieving $995 (approx.) per night through Grand Prix weekend.

Perfectly located just a stroll from Albert Park Lake and within a ten-minutes' drive of St Kilda Beach.

INSPECT BY PRIVATE INSPECTION ONLY.

ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER. For more information, contact Dimitri Spanos at Buxton Bentleigh on 0422 214 037 or Rohan White on 0408 504 448 pr the Buxton Office on 9563 9933. 'We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigation.'

Property History for 902/74 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$605,000
29 Sep 2023
  • 29 Sep 2023
    Sold for $605,000
  • 26 Jul 2023
    Listed for Sale $600,000-$650,000
  • 30 Jun 2022
    Listed for Sale CONTACT AGENT
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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 NaN 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:

  • The median value for Houses in Melbourne is $1,437,130 while the median value for Units is $659,144.
  • Houses have a median rent of $620 while Units have a median rent of $625.
There are currently no properties listed for sale, and no properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, no 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.