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Back 3/39 Queen Street
Off Market

3/39 Queen Street

Melbourne VIC 3000

3
1
1
Apartment
May WangMay Wang, last sold this property on 20 November 2025 after 56 days on market.

Overview

Landmark penthouse with indoor-outdoor rarity

Commanding the exclusive penthouse of the tightly held ‘Madison’, this landmark embodies an early international modernist movement within Melbourne’s cityscape, spanning two levels and unfolding with three private terraces oriented to the Yarra and southern skyline. Glimpses of the bay appear from above, whilst reserved basement parking, limited to just three penthouses within the bespoke Art Deco building of less than 60 apartments, underscores the rarity and prestige of this address. Hallmarked by its sun-drenched, open-plan layout, the residence immediately captivates, with an enormous living and dining domain opening to the larger of the terraces, capturing a Yarra view toward Crown’s glistening promenade. A well-appointed kitchen with solid granite benchtops and Miele appliances reinforces the modern hosting appeal, with integrated joinery lining the walls of the living room, and a powder room for easy living. Upstairs, three spacious bedrooms, all with robes and external terrace access, surround a beautifully renovated central bathroom, complete with a smart mirror, porcelain marble-look tiles and a dual, glass-topped vanity. Complemented with ducted and split system heating and air conditioning, hardwood timber floors and new carpets, abundant storage, intercom security, lift access and secure parking for one, it provides an exceptional opportunity for an investor or owner occupier seeking CBD exclusivity, mere steps from Collins Street’s business precinct, Flinders Street Station, trams, Degraves Street cafes, the Yarra River and Southbank’s fine dining and entertainment precinct, with the Queen Victoria Market a short bus or tram ride away. Inspection by private appointment. Please call May on 0481 436 048.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 3/39 Queen Street is $1.01m.

Median value
$1.01m
Estimated value range
$390k - $3.65m
Median days on market
50
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/39 Queen Street

2025
Sold
Undisclosed
20 Nov 2025 by May Wang, of Jellis Craig Port Phillip

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 134 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom apartments in Melbourne

In the last 12 months, 134 three-bedroom apartments similar to 3/39 Queen Street, have been sold.

This represents a 2% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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