SOLD
Sold on 27 Aug 2024 for $1,280,000

23 Aquitania Way
Docklands VIC 3008

Bedrooms: -
Bathrooms: -
Car spaces: -
Save

Property Details for 23 Aquitania Way, Docklands

Building Type
Commercial
Year Built
2002
Local Government
Melbourne
Lot/Plan
19/PS438893

Last Listing description (February 2024)

Blue Chip City Fringe Investment Opportunity

Nelson Alexander Commercial are delighted to offer For Sale this blue-chip investment with huge waterfront frontage. Securely leased to established long term tenant "Achelya" that boast a 4 star google review and one of Docklands longest standing businesses of approximately 15 years and still counting. Neighbouring The District Docklands Shopping Centre and Melbourne Star and surrounded by a number of quality national tenants such as Woolworths, Hoyts, H&M, UNIQLO and Costco.

Key Investment Features:

- Net rent $91,000 pa*

- Leased to established & long term tenant "Achelya"
- Directors Guarantee
- Building area 266m2* plus outdoor seating
- Prominent corner ground floor exposure with huge frontage to promenade and waterfront walk way.
- Surrounded by a number of established and national tenants such as Woolworths, Hoyts, UNIQLO, H&M and Costco.
- Benefitting from a huge number of adjacent established mixed-use retail/residential developments.
- Thriving retail/business with close proximity to Docklands Shopping Centre and the landmark Melbourne Star attraction.
- Immediate access to public transport in Melbourne's Free Tram Zone.

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

*all measurements are approximate

Property History for 23 Aquitania Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$1,280,000
27 Aug 2024
  • 30 Aug 2023
    Listed for Sale Suit 6% Yield Plus Buyer
  • 23 May 2022
    Listed for Sale $1,450,000
  • 25 Jun 2014
    Listed for Sale EXPRESSION OF INTEREST
Sign in to see more transactions

Commute Calculator

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 15,827 properties. Over the last 5 years, Houses in Docklands have seen a -55.96% decrease in median value, while Units have seen a -8.79% decrease. As at 30 November 2024:

  • The median value for Houses in Docklands is $1,066,746 while the median value for Units is $584,372.
  • Houses have a median rent of $665 while Units have a median rent of $660.
There are currently 88 properties listed for sale, and 54 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 718 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

Market Insights
Docklands Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Docklands Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.