SOLD
Sold on 01 Oct 2024 for $35,000

420-454 Docklands Drive
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 201m2
Land area: 42460m2
Sold By
Lucas Real Estate
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Property Details for 420-454 Docklands Dr, Docklands

Building Type
Commercial
Year Built
2008
Floor Size
201m2
Land Size
42460m2
Local Government
Melbourne
Lot/Plan
1/PS523148

Last Listing description (June 2012)

High Quality Tenant returning $77,000pa
An outstanding opportunity to invest in Melbourne's fastest growing commercial precinct - Docklands
This stunning 200sqm approx office is located on the 15th floor of the impressive Aquavista Tower. It is situated in the New Quay precinct close to public transport, freeways, the CBD, shops and great eateries.

*) Leased to Revlon Australia
*) $77,000pa net return
*) New 3 + 3 year lease
*) Stunning views
*) High quality fit out
An unique opportunity to invest in growth AND security!
For details contact Astrid on 9690 6464 or 0408 873 438.

Property History for 420-454 Docklands Dr, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$35,000
01 Oct 2024
  • 01 Oct 2024
    Sold for $35,000
  • 15 Jul 2024
    Sold for $10,000
  • 20 Apr 2024
    Sold for $620,000
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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 15,625 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 82 properties listed for sale, and 48 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 686 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.