Melbourne Median PriceThe House price is 1% higher than last year.
Surrounding suburbs| Albert Park | $2,267,600  | | Carlton | $1,396,000 | | Cremorne | $1,323,300 | | Docklands | $1,487,200  | | East Melbourne | $3,052,500 | | North Melbourne | $1,326,300 | | Parkville | $1,881,400 | | Prahran | $1,627,600 | | Richmond | $1,454,900 | | South Melbourne | $1,638,200 | | South Yarra | $1,883,300 | | Southbank | $946,700  | | St Kilda | $1,605,200 | | West Melbourne | $1,376,000 | | Windsor | $1,461,700 |
| | Floorplan | Map | Nearby prices | | Property Description: | Rare and exciting investment
407/74 Queens Road, Melbourne
Presenting peerless lakeside living, this one bedroom residence within the designer development Monarc, boasts opulent amenities and an impressive lifestyle address. Introduced by a state of the art setting, an easily maintained contemporary design is presented through an open plan living and dining space complete with sweeping views. Exuding style and convenience, a well appointed kitchen with Caesarstone benchtops is furnished with Smeg appliances and ample storage. Affording a quiet retreat, a sizeable bedroom with walk through robes is complemented by a sleek bathroom. Securely leased for 12 months the dwelling offers a lucrative investment opportunity with a rental yield of approximately 4.8 per cent. Complete with European laundry, lift access, intercom, heating and cooling and single basement carpark, conveniences extend to a gym, onsite building manager and lavish communal facilities. Positioned immediately across Albert Park Lake and tram links for easy CBD access.
Read more | | Search neighbour's planning permit | | Property report from Government |
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