6109/370 Queen Street, Melbourne VIC 3000

High floor, Queens Place, CBD luxury, strong rental yield | Two-bedroom, two-bathroom, premium finishes | Investor or owner-occupier appeal This apartment offers a rare combination of high-floor positioning within a landmark building and a layout that suits both owner-occupiers and investors. The open-plan living with floor-to-ceiling glass captures city and bay views, while the Gaggenau appliances and stone finishes place it above typical CBD stock. For a buyer seeking a turnkey property in a building with extensive amenities—pool, gym, concierge, cinema—this unit competes strongly against newer developments that often lack equivalent amenity density. The rental yield estimate of over 6% from comparable units reinforces its investment viability, particularly given its proximity to universities and public transport. The absence of parking is a notable risk in a car-dependent market, though CBD residents often rely on public transport and car-share services. Body corporate levies in a high-rise with this level of amenity can be substantial, and buyers should verify these costs before proceeding. The building’s tenure mix shows a mature owner-occupier base, which supports stable management but may limit short-term capital growth. The guide price aligns with recent comparable sales in the building, suggesting fair market positioning with no obvious discount or premium.