OFF MARKET

506/381 Docklands Drive
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 506/381 Docklands Dr, Docklands

506/381 Docklands Dr, Docklands is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (February 2022)

Stunning 2 Bed 1 Bath 1 Car Space plus storage in a highly sought-after location in Harbour Precinct Docklands!

Project description:
Escala Newquay is the highly anticipated addition to Melbourne's Docklands. With a selection of lofts, apartments and 'SOHOs' on offer, the development raises the bar for modern city living with innovative design, quality building and a focus on community living.

Designed by Six Degrees Architects, the development comprises one, two- and three-bedroom configurations, with a range of apartments, lofts and SOHOs (home offices).

Listing description:

This prestigious 2-Bedroom, 1-Bathroom 1-Car Space + Storage apartment in MAB Escala development offers exceptional amenities on the city's edge. Impressive interiors are illuminated by natural light by a desired west-facing aspect, delivering generous proportions.
A gourmet kitchen accompanies the spacious zoned living and dining domain, where engineered timber floors complement high ceilings and crisp white walls.
Split system heating and cooling, European laundry, secure intercom entry and secure car space & storage cage enhances the appeal of this inner-city gem with access to the many common a amenities; including a gym, library, swimming pool, landscaped garden with reflection pond and a stunning rooftop deck. This is an ideal luxury residence or secure investment, within walking distance to trams, Marvel Stadium, Southern Cross Station, 'The District' with Hoyts Cinemas, Street Hawker food outlets, and new fresh food precinct 'Market Lane'.

Internal area: 73.1m2
External balcony: 7.9m2
Generous size kitchen
Car space + Storage

Facilities: Available to residents is a long list of luxury on-site amenities, which include
An indoor heated swimming pool and spa surrounded by garden views and bluestone tiles.
Fully-equipped gymnasium,
Open-air piazza/rooftop deck
Barbecue area
Library with double-height windows with a garden outlook.

Call Now for more details as this opportunity won't last long!

Contact Ryan Fong on 0491 088 178

Settlement:
The precinct is currently under construction and estimate to be completed in the 1st quarter of 2022

Vion Property Group, your nomination expert!
The brand new property service, serving First Home Buyer Grant & Stamp Duty Concession - owner-occupied / Rental Return & Cash Flow - investor.

This is an opportunity that should not be missed, call and act now to discuss!! Whether you are a first home buyer or astute investor looking to add to your growing portfolio, this property is not to be missed.

Property History for 506/381 Docklands Dr, Docklands, VIC 3008

A timeline of how this property has performed in the market
  • 16 Aug 2021
    Listed for Sale $670,000

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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 15,612 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 91 properties listed for sale, and 52 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 674 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.