An ideal office investment with a new 12 month lease at $7750 Pa plus GST and net of outgoings excluding items of a capital or structural nature.
Attractive outlook and offering a secure return for investors or future occupiers.
1 Queens Road is a wonderful, modern office tower with all the amenities an occupant could wish for including: gymnasium, restaurants, corporate facilities, high functioning lifts, heating and cooling, basement car parking, restaurants and bars down stairs, food court adjacent to building lobby area and a short stroll to trams and buses. Building opposite Albert Park Lake and Albert Park Golf Course.
The size of Melbourne is approximately 3.8 square kilometres. There are 14 parks, covering nearly 74.2% of the 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 14,449 properties. Over the last 5 years, Houses in Melbourne have seen a 18.99% increase in median value, while Units have seen a -6.96% decrease. As at 30 September 2026:
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