517/74 Queens Road, Melbourne, Vic 3004

$450,000 - $495,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Friday, May 22, 2026 ( See property details for 517/74 Queens Road, Melbourne, Vic 3004)

$450,000 - $495,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This stylish two-bedroom apartment in the Monarc complex offers stunning Albert Park Lake views, modern amenities, and a prime location just moments from Melbourne's iconic parks and beaches.

🏡 Property Highlights

  • Impeccably presented two-bedroom apartment in a resort-style complex
  • Spacious undercover balcony with Albert Park Lake views
  • Secure basement parking included on title
  • Building amenities include gym, residents lounge, and concierge
  • Prime location near Albert Park Lake, Fawkner Park, and Royal Botanic Gardens
  • Strong rental return with high yield and low outgoings

✨ Key Features

  • Floor To Ceiling Double Glazed Windows
  • Outdoor Area / Balcony
  • Secure Parking
  • Open-Plan Living
  • Built-in Robes
  • Dishwasher
  • Waterfront / Views
  • Air Conditioning
  • Security Screens / Gates
  • Internal Laundry

Located in the prestigious St Kilda Road precinct, this neighbourhood offers a vibrant lifestyle with proximity to Albert Park Lake, Fawkner Park, and the Royal Botanic Gardens. Residents enjoy easy access to city trams, St Kilda Beach, and renowned dining options on Fitzroy Street. The area combines natural beauty with urban convenience, making it ideal for both relaxation and active living. Excellent amenities and a strong community atmosphere further enhance the appeal of this sought-after Melbourne locale.

What are the main lifestyle benefits of living in this apartment?
Residents enjoy stunning views of Albert Park Lake, access to resort-style amenities including a gym and lounge, and a prime location close to parks, beaches, and vibrant dining precincts, offering a balanced lifestyle of relaxation and activity.
Is the apartment suitable for entertaining guests?
Yes, the spacious undercover balcony with open sky views provides an ideal setting for entertaining friends and family.
What features contribute to the comfort of this apartment?
The apartment features split-system heating and cooling, double glazing, and modern finishes throughout, ensuring a comfortable living environment year-round.
Are there any communal facilities available to residents?
Yes, residents have access to a fully equipped gym, outdoor exercise area, and a communal lounge with a fireplace, enhancing the living experience.
What are the nearby amenities and attractions?
The property is close to Albert Park Lake, Fawkner Park, Royal Botanic Gardens, Melbourne CBD, St Kilda Beach, and popular dining spots on Fitzroy Street, providing a vibrant and convenient lifestyle.
Are there any upcoming strata or body corporate fees or special levies for the Monarc complex? Has the property been recently renovated or does it require any repairs? Are there any restrictions or easements affecting the property or building? What are the long-term plans for the surrounding area that could impact the property’s value? Is there any history of flooding or bushfire risk in this location? Are there any planned developments or construction projects nearby that could cause noise or disruption? What are the total annual outgoings, including council rates, strata fees, and utilities? Are there any restrictions on leasing or subletting the apartment? Has the property been inspected for any structural issues or defects? Are there any additional costs for building amenities or services not included in the strata fees?

517/74 Queens Road, Melbourne, Vic 3004 - More Details

$450,000 - $495,000

• Ready To Occupy Or Lease
• Strong Rental Return, High Yield & 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 Door Step Of Albert Park Lake
• Building Amenities Include: Gym (Indoor & Outdoor), Residents Lounge & Building Concierge

Commanding a peaceful position within the resort-style Monarc complex, this impeccably presented two-bedroom apartment delivers a refined balance of style, comfort and convenience, just moments from Albert Park Lake.

Bathed in natural light, the open-plan living and dining domain flows to a long undercover balcony with open sky outlooks across the surrounding precinct, a relaxed setting for morning coffee, evening drinks or entertaining during Grand Prix week.

The kitchen is fitted with 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 featuring direct balcony access. A central bathroom services the home with mosaic tile detailing, a frameless glass shower, and an illuminated vanity mirror, with a European laundry neatly integrated into the layout.

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

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.

A strong option for owner-occupiers, downsizers and investors alike.

This property is proudly presented by Tommy-Lee Davies of Ray White Southbank | Melbourne City, a specialist within the Melbourne 3004 market. If you would like further information about this apartment, or need advice on buying or selling within the Monarc building or surrounding St Kilda Road and Queens Road precinct, please contact Tommy-Lee directly.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1
Study
1
House Size
70 m²

Price guide

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