SOLD
Sold on 17 Jan 2024 for $765,000

1505/90 Lorimer Street
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 4734m2
Sold By
Cary Thornton
Lucas Real Estate
Mia Chen
Lucas Real Estate
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Property Details for 1505/90 Lorimer St, Docklands

1505/90 Lorimer St, Docklands is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 4734m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
100m2
Land Size
4734m2
Local Government
Melbourne
Lot/Plan
643/PS428541

Last Listing description (March 2024)

Guaranteeing an abundance of stellar highlights from enormous central living to stunning sunset views over Port Phillip Bay, this designer 2 bedroom, 2 car space apartment is one of the standout offerings in the Tower 5 complex.

Tower 5 is an award-winning 40-storey building with 191 apartments in total, with much of the building owner-occupied
Building has 3 lifts giving you easy access to the 15th floor

110 sqm (approx.) of impressive total space
Huge central living and meals have premium carpet underfoot and bay views through full windows
Living & master bedroom has access out to the balcony with a partial Marina view and Port Philip Bay view
Kitchen has a sleek and luxurious edge to it and promises a striking island bench with a stone benchtop as well as high-end stainless steel appliances
Large bedrooms with built-in robes are located on either side of the apartment for perfect privacy. The main bedroom has HIS&HER built-in robes
Stylish bathroom
Full laundry room
Ducted heating and cooling
Secure intercom entry
2 secure car spaces plus an over-bonnet storage box

PROPERTY SIZE
Internal 100sqm
External 10sqm
Total Size 110sqm

AMENITIES
Residents of the Tower 5 building will have access to RekDek facilities which include a gym, pool, spa, steam room, and sauna.

LOCATION
This Lorimer Street location delivers a waterside lifestyle youll love. The Expressionist caf right at your doorstep is an icon of the area and will be your number one place for morning coffees and brunches. Sassone Cucina Italia is another great restaurant for those into their pizza and pasta, while Mad Duck Caf is another great eating option. Youre also near IGA supermarket, South Wharf DFO shopping, South Wharf promenade restaurants and bars, Port Melbourne, Southbank, and South Melbourne attractions including Clarendon Street shops, Crown Casino, and South Melbourne Market, free city trams, and Southern Cross Station.

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Mia Chen on 0413 096 455 or Cary Thornton on 0437 204 556 to discuss this property further.

Property History for 1505/90 Lorimer St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$765,000
17 Jan 2024
Listed for Rent
$600/w
10 Apr 2014
  • 17 Jan 2024
    Sold for $765,000
  • 10 Nov 2023
    Listed for Sale $685,000 - $750,000
  • 05 Apr 2014
    Listed for Rent $600 / week
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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 15,618 properties. Over the last 5 years, Houses in Docklands have seen a -51.20% decrease in median value, while Units have seen a -9.46% decrease. As at 31 October 2024:

  • The median value for Houses in Docklands is $1,032,525 while the median value for Units is $590,125.
  • Houses have a median rent of $660 while Units have a median rent of $650.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 684 properties were sold in the past 12 months in Docklands.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.