Back 702/55 Queens Rd
Off Market

702/55 Queens Rd

Melbourne VIC 3000

1
1
1
Apartment
Last sold for $393,000
Justin ReedJustin Reed, last sold this property on 08 August 2025 after 8 days on market.

Overview

Unmatched Luxury, Unrivalled Lakeside Views

Inspired, immaculate and instantly inviting all at once, this stunning 1 bedroom apartment highlights spectacular views in the all-day warmth of northern light. Market entrants will appreciate the value and investors on the lookout for a short-stay opportunity will reap the rewards. This lakeside entertainer will impress! A stone-topped kitchen showcases a pull-out pantry, a Fisher and Paykel dish-drawer, and high-end AEG appliances including a 4-burner gas cooktop. Placed behind floor-to-ceiling glass on the 7th floor of the highly prized Grosvenor complex, roomy open-plan living and dining connects with a large sheltered balcony featuring a picturesque outlook sweeping over parkland greenery and the blue-water beauty of Albert Park Lake. This prestigious north-facing perch is a true game-changer with an unrivalled trackside aspect on display when the Formula One hits town. The spacious and sunlit bedroom is serviced by mirrored built-in robes and a designer bathroom boasting a fully tiled shower area over a bathtub. Comprehensive features include secure parking, a Euro laundry with a wall-mounted dryer, ducted heating and cooling, roller blinds, and recessed down-lighting. Grosvenor comes complete with intercom security, a building manager, and resort-grade use of an indoor heated pool and a fully equipped gym. Venture downstairs and the lakeside locale is a major piece of the puzzle. Walk to Albert Park Lake, Prahran Market, the Alfred Hospital, St Kilda Road trams, and all the attractions of the Greville, Chapel and Fitzroy Street lifestyle precincts. Come home to luxury every day! * Enter via Beatrice Street

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 702/55 Queens Rd is $345k.

Median value
$345k
Estimated value range
$39k - $935k
Median days on market
37
Estimated value trend
-1%
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 702/55 Queens Rd

2025
Sold
$393,000
08 Aug 2025 by Justin Reed, of Buxton Port Phillip - St Kilda
2024
Rented
Undisclosed
Leased on 04 Mar 2024 by Buxton Port Phillip - St Kilda
2012
Sold
Undisclosed
Auction Sale on 27 Oct 2012 by Philippe Batters, of Woodards South Yarra

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 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 580 one-bedroom apartments similar to 702/55 Queens Rd, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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