719/55 Queens RoadMelbourne VIC 3004
Property Details for 719/55 Queens Rd, Melbourne
719/55 Queens Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 4658m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2007.
Last Listing description (September 2025)
A breathtaking showcase of uninterrupted views sweeping over Albert Park Lake and Port Phillip Bay, this impeccable 1 bedroom apartment is a spectacular celebration of sunlit space almost in pole position for the Formula 1 Grand Prix! Located on the 7th floor of the premium Grosvenor complex, walk to the lake, Fawkner Park, the Alfred Hospital, Fitzroy Street eateries, Prahran Market, Albert Park Golf Course and St Kilda Road trams. This lifestyle location is a true sensation!
Roomy open-plan living and dining pivots a stone-finished kitchen featuring a pull-out pantry, a Fisher and Paykel dishwasher and premium AEG appliances including a gas cooktop. Connect with a sheltered balcony highlighting an unforgettable blue-water panorama extending over the lake and bay. This prestigious perch is a true game-changer with a birds eye view of the race track for the annual GP. The supersized bedroom is superbly serviced by dual mirrored built-in robes and a sleek ensuite boasting ample storage and a fully tiled shower over a bathtub.
Freshly painted with brand-new floorboards underfoot, special features include a Euro-style laundry with a Fisher and Paykel dryer, secure parking, ducted heating and cooling, roller blinds and recessed down-lighting. Grosvenor is graced with video intercom entry, lift access, an onsite building manager and resort-style access to an indoor heated pool and a fully equipped gym. This radiant retreat works as an entry-level sensation, an investment certainty and a stylish inner-city base with that all-important car park. Place it on the top of your list today!
Outgoings:
Council Rates: $233.05 per quarter approx.
Water Rates: $166.60 per quarter approx.
Owners Corporation Fees: $1,389.87 per quarter approx.
Approx. gross rental return of 6% based on current rent and sales price of $480,000
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 719/55 Queens Rd, Melbourne, VIC 3004
- 28 Mar 2025Listed for Sale $430,000 - $460,000
- 20 May 2024Listed for Rent $550 / week
- 12 Apr 2022Listed for Rent - Price not available
Recent sales nearby
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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 13,701 properties. Over the last 5 years, Houses in Melbourne have seen a -2.43% decrease in median value, while Units have seen a -0.76% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,558,796 while the median value for Units is $649,600.
- Houses have a median rent of $720 while Units have a median rent of $650.
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