616/1-3 Queens Road, Melbourne, VIC 3004 sold on 21 May 2025 | OnTheHouse
SOLD
Sold on 21 May 2025 for $85,800

616/1-3 Queens Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: 3
Car spaces: 1
Floor area: 34m2
Land area: 4375m2
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Property Details for 616/1-3 Queens Rd, Melbourne

Building Type
Commercial
Year Built
2003
Floor Size
34m2
Land Size
4375m2
Local Government
Port Phillip
Lot/Plan
616/PS500424

Last Listing description (March 2019)

- 34m2*
- $12,716 + GST + OUTGOINGS!
- 17 month lease from June 2018 - 2 options of 1 year!

- 4% fixed increases.
- Fantastic for investors to build on their portfolio and for SMSFs
- Within close proximities to public transport, Albert Park, minutes from the CBD and major arterials.
1 Queens Road provides the below facilities:
- Fully equipped gym and showers (FREE for all tenants)
- Concierge (Mon - Sat)
- Stunning lobby and common areas (meticulously maintained and cleaned regularly through the day)
- Fully serviced kitchens on each floor (inc. fridge, microwave, boiling/filtered water tap, soap dispenser and storage)
- Modern bathrooms (inc. Dyson speed dryers)
- Outdoor and indoor maintenance to retain a professional, yet modern look throughout the building
- Large food court, boasting more than 7 retailers offering a wide array of culinary choices - maintained constantly by attentive building staff.
Do not miss an opportunity to inspect, call Rebbecca Murray on 0410 319 109 or Madison Liddell 0408 323 530.
*Figures are approximate and subject to change without notice

Property History for 616/1-3 Queens Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$85,800
21 May 2025
Listed for Rent
$233/w
02 Dec 2014
  • 21 May 2025
    Sold for $85,800
  • 29 Jan 2019
    Sold for $150,000
  • 18 Jul 2018
    Listed for Sale $169,000
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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 13,698 properties. Over the last 5 years, Houses in Melbourne have seen a 17.40% increase in median value, while Units have seen a -2.41% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $2,210,754 while the median value for Units is $644,863.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 66 properties listed for sale, and 41 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 686 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.