1404/1-3 Queens Road, Melbourne, VIC 3004 sold on 20 August 2025 | OnTheHouse
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Sold on 20 Aug 2025 - Price Unavailable

1404/1-3 Queens Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4375m2
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Property Details for 1404/1-3 Queens Rd, Melbourne

Building Type
Commercial
Year Built
2003
Land Size
4375m2
Local Government
Port Phillip
Lot/Plan
1404/PS500424

Last Listing description (December 2025)

This is your opportunity to secure a prime investment in one of Melbourne's most sought-after commercial hubs. Perched on the top floor of 1 Queens Road, this 40.3m* office suite offers stunning views over Albert Park Lake and Port Phillip Bay. Leased until April 2028, it returns $16,910.76 per annum + GST + outgoings with 3% fixed annual increases, ensuring a steady and growing income stream.

Ideal for the first-time investor or SMSF buyer, this property combines attractive rental returns with a strategic location just minutes from the CBD and major arterials.

Enjoy the vibrant amenities of the building, including an on-site gym, cafes, bar, dry cleaner, hair salon, barber, newsagency, and more-adding to the lifestyle appeal for tenants and visitors alike.

Features Include:

* 40.3m* top-floor office with spectacular views
* Air Con Levy has been paid in full
* Leased until April 2028 at $16,910.76 + GST + outgoings
* 3% fixed annual increases for consistent income
* Perfect SMSF or entry-level investment
* Minutes from CBD, Albert Park, and major arterials
* Building amenities: cafes, gym, bar, food court & more

Call now to inspect-this opportunity won't last!

Property History for 1404/1-3 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
20 Aug 2025
Listed for Rent
$20k/w
06 Oct 2023
  • 20 Aug 2025
    Sold
  • 03 Jun 2025
    Listed for Sale SOLD!
  • 18 Jul 2023
    Listed for Rent - Price not available
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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 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 13,705 properties. Over the last 5 years, Houses in Melbourne have seen a 44.58% increase in median value, while Units have seen a -0.58% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,829,947 while the median value for Units is $662,478.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 62 properties listed for sale, and 54 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 665 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.