1404/20 Queens Lane, Melbourne VIC 3000

1404/20 Queens Lane, Melbourne VIC 3000
2 bed apartment with dual parking in CBD|114m² lot offers rarity|Secure garaging boosts appeal|Proven performer in tight market. This two-bedroom apartment on a 114sqm lot with two parking spaces suits professionals or downsizers prioritising convenience in Melbourne’s core. Its generous internal floorplan around 99sqm delivers practical living space for couples or small households,free from the constraints of smaller city units. Positioned in a premium high-rise on Queens Lane,the property benefits from a central CBD address that commands steady demand without venturing into noisier retail zones. Buyers drawn to such apartments often include CBD workers valuing walkability to offices and trams alongside the security of included parking,which remains a scarce commodity here. Comparable two-bedroom units with parking have transacted reliably near $1.2 million,reflecting resilience amid fluctuating investor sentiment. The 114sqm lot size underscores solid strata entitlement,enhancing long-term holding value as space becomes ever more precious. Flood overlay noted warrants due diligence,but NBN fibre and 5G coverage support modern remote work lifestyles. Overall,this setup positions it favourably for enduring appeal in a market favouring functional,well-parked CBD stock.

Market Insight:

Melbourne’s CBD housing market is dominated by high-density apartment developments. Demand is driven by investors, students, and professionals seeking proximity to employment and universities. Property prices can fluctuate depending on supply levels, though rental demand remains strong. The CBD offers unparalleled access to employment, entertainment, and cultural amenities.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

114m²

Built

Recent Assessments