L 5 504/31 Queens Lane, Melbourne VIC 3000

3 bed, 2 bath in The Albertine by Mirvac | Premium park-front new build | 14-level, 98-residence prestige development | Extensive amenity package including pool, spa, gym, yoga, dining terrace | Completion 2026 This apartment offers a rare configuration advantage in a boutique prestige building, with three bedrooms in a mid-rise park-front development that prioritises quality over density. The Mirvac brand and extensive amenity package—pool, spa, sauna, gym, yoga room, private working nooks, and a level 10 dining terrace—create a lifestyle proposition that competes directly with larger towers while maintaining exclusivity. For a buyer seeking high-end inner-city living with strong walkability to CBD employment, transport, and recreation, this property serves as a turnkey residence with minimal compromise. The primary risk is the 2026 completion timeline, which introduces uncertainty around final finishes, strata levy establishment, and market conditions at settlement. The postcode discrepancy between 3000 and 3004 warrants verification for council rates and school catchment purposes. The opportunity lies in purchasing off-plan in a well-capitalised Mirvac development, potentially securing a premium park-front position before full market pricing is established. Buyer due diligence should confirm car space allocation and exact floor area, as these are not yet confirmed.