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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

517/74 Queens Road
Melbourne, VIC 3004

$450,000 - $495,000

Apartment 2 beds 1 bath 1 car
Listed Date: 22nd May 2026
Overview

Bright & Sunny North Position With Views Towards Albert Park Lake

  • Ready to occupy or lease
  • Strong rental return, high yield and low outgoings
  • Floor to ceiling double glazed windows
  • Sought after north position
  • Spacious undercover balcony with views of Albert Park Lake
  • Main bedroom with direct balcony access
  • Secure drive-in car space on title
  • On the doorstep of Albert Park Lake
  • Building amenities include gym (indoor and outdoor), residents lounge and building concierge

This impeccably presented two-bedroom apartment is situated in a peaceful position within the resort-style Monarc complex, offering a refined balance of style, comfort, and convenience just moments from Albert Park Lake.

Filled with natural light, the open-plan living and dining area extends to a long undercover balcony with open sky views across the surrounding precinct, providing a relaxed setting for morning coffee, evening drinks, or entertaining during Grand Prix week.

The kitchen features dark timber cabinetry, gloss black joinery, stone benchtops, a cream glass splashback, gas cooktop, Smeg oven, and integrated dishwasher. Both bedrooms include built-in robes, with the main bedroom offering direct access to the balcony. A central bathroom services the home with mosaic tile detailing, a frameless glass shower, and an illuminated vanity mirror, complemented by a European laundry neatly integrated into the layout.

Additional features include secure basement parking, split-system heating and cooling, double glazing, and downlighting throughout. Residents of Monarc enjoy secure intercom entry, a fully equipped gym, outdoor exercise area, and a communal lounge with a fireplace.

Located steps from Albert Park Lake, Fawkner Park, and the Royal Botanic Gardens, with city trams, St Kilda Beach, Fitzroy Street dining, Wesley College, and Melbourne Sports and Aquatic Centre all close by.

This property presents a strong option for owner-occupiers, downsizers, and investors alike.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
517/74 Queens Road
Melbourne VIC 3004
Measurements
Type Dimensions
Floor Area 70 m²
Market Insights for Melbourne VIC 3004
New Listings (last 30 days)
8
Average price
$586,224
Lowest price
$369,800
Highest price
$750,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.