FOR SALE
$303,888

514/1 Marmion Place
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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BRILLIAN INVESTMENT OPPORTUNITY

Pagan Real Estate presents and fantastic investment opportunity with a secured 5 year at the Sebel in Docklands.
With gross returns of over 6% this set and forget property is a perfect venture for astute investors.
Please note, that this property cannot be owner-occupied.
Offering an open plan living zone, the chic and contemporary kitchen offers Miele gas cooktop, dishwasher drawer, glass splash-back, microwave cavity, and plenty of cupboard space. The trendy interior of the living room continues the modern vibe of this apartment, and is complemented by a bedroom with mirrored built-in-robes, and private balcony.
Rounding out this fab inner city pad is a stylish bathroom, Euro-laundry, spilt system heating/cooling, secure swipe/video intercom entry, and secure car park.
The Sebel also has resort style facilities such as an indoor lap pool, spa, gym, tennis court, outdoor BBQ area, cinema, private dining room, and business centre.
With yearly CPI rent increases, this clever investment is located close to public transport, Docklands waterfront restaurants, supermarkets, the District retail stores, and Marvel Stadium.
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Property Details for 514/1 Marmion Pl, Docklands

514/1 Marmion Pl, Docklands is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Pagan Real Estate.

Building Type
Apartment

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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Docklands in 2011 was 5,790 people. By 2016 the population was 10,974 showing a population growth of 89.5% in the area during that time. The predominant age group in Docklands is 20-29 years. Households in Docklands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Docklands work in a professional occupation. In 2011, 36.4% of the homes in Docklands were owner-occupied compared with 34.5% in 2016.

Docklands has 15,822 properties. Over the last 5 years, Houses in Docklands have seen a -70.71% decrease in median value, while Units have seen a -9.19% decrease. As at 31 January 2025:

  • The median value for Houses in Docklands is $609,011 while the median value for Units is $582,505.
  • Houses have a median rent of $673 while Units have a median rent of $675.
There are currently 74 properties listed for sale, and 48 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 704 properties were sold in the past 12 months in Docklands.

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Thomas Maher
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