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517/74 Queens Road

Melbourne, VIC 3004, Australia
$450,000
2 bed 1 bath 1 car70m²

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Area Price Guide
$423,000$477,000

Indicative price guide range

🏘️
73
Comparable
📊
$650,000
Area median
⚖️
-31%
vs median
📐
$6,429
Per m²
📏
70 m²
Land
🗓️
5 days ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

• Ready To Occupy Or Lease • Strong Rental Return, High Yield & Low Outgoings • Floor To Ceiling Double Glazed Windows • Sought After North Position • Spacious Undercover Balcony With Views Of Albert Park Lake • Main Bedroom With Direct Balcony Access • Secure Drive-In Car Space On Title • On The Door Step Of Albert Park Lake • Building Amenities Include: Gym (Indoor & Outdoor), Residents Lounge & Building Concierge Commanding a peaceful position within the resort-style Monarc complex, this impeccably presented two-bedroom apartment delivers a refined balance of style, comfort and convenience, just moments from Albert Park Lake. Bathed in natural light, the open-plan living and dining domain flows to a long undercover balcony with open sky outlooks across the surrounding precinct, a relaxed setting for morning coffee, evening drinks or entertaining during Grand Prix week. The kitchen is fitted with dark timber cabinetry, gloss black joinery, stone benchtops, a cream glass splashback, gas cooktop, Smeg oven and integrated dishwasher. Both bedrooms include built-in robes, with the main bedroom featuring direct balcony access. A central bathroom services the home with mosaic tile detailing, a frameless glass shower, and an illuminated vanity mirror, with a European laundry neatly integrated into the layout. Additional inclusions are secure basement parking, split-system heating and cooling, double glazing, and downlighting throughout. Monarc residents enjoy secure intercom entry, a fully equipped gym, outdoor exercise area, and a communal lounge with fireplace. Steps from Albert Park Lake, Fawkner Park and the Royal Botanic Gardens, with city trams, St Kilda Beach, Fitzroy Street dining, Wesley College and Melbourne Sports and Aquatic Centre all close by. A strong option for owner-occupiers, downsizers and investors alike. This property is proudly presented by Tommy-Lee Davies of Ray White Southbank | Melbourne City, a specialist within the Melbourne 3004 market. If you would like further information about this apartment, or need advice on buying or selling within the Monarc building or surrounding St Kilda Road and Queens Road precinct, please contact Tommy-Lee directly.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,182/month
    $1,091 /fortnight
    Loan $360,000 at 6.10% over 30 years

    Upfront costs

    Deposit$90,000
    Stamp duty$22,070
    Conveyancing (est.)$2,000
    Total upfront$114,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    1
    Land Area
    70m²
    Listed
    5 days ago

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