SOLD
Sold on 17 May 2024 for $484,001

41 Caravel Lane
Docklands VIC 3008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 88m2
Land area: 3920m2
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Property Details for 41 Caravel Lane, Docklands

Building Type
Commercial
Year Built
2003
Floor Size
88m2
Land Size
3920m2
Local Government
Melbourne
Lot/Plan
39B/PS449343

Last Listing description (July 2023)

Situated only meters from the highly popular Newquay Promenade with the abundance of restaurant offerings that come with it as well as being surrounded by a few of hotels and apartment complexes.

This property offers every occupier an exciting opportunity to really make it perfect for their own small business. Ground floor building with 85m2 (approx.) tenancy offers enormous opportunity for a retailer or office users seeking exposure to passing foot traffic. The current fit-out features high ceilings, a reception area, 2 partitioned rooms, an open plan and a kitchenette.


Ideally Suited for HOSPITALITY, RETAIL OR OFFICE

AVAILABLE: VACANT & ANYTIME FROM NOW

AH: Elena Smirnova 0422 553 379 AH: Jimmy Kok 0419 369 570

Property History for 41 Caravel Lane, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$484,001
17 May 2024
Listed for Rent
$21k/w
19 Jul 2023
  • 17 May 2024
    Sold for $484,001
  • 05 Nov 2022
    Listed for Rent $21,000 / year
  • 24 May 2005
    Sold for $490,000

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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.

Suburb Insights for Docklands 3008

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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.