618/750 Bourke StreetDocklands VIC 3008
Property Details for 618/750 Bourke St, Docklands
618/750 Bourke St, Docklands is a 1 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 12508m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Docklands in the last 12 months.
Last Listing description (April 2024)
Quest Docklands is located in the heart of the Docklands business district and within walking distance to Southern Cross Station, Crown Casino, Restaurants, Cafes, and Marina's.
With Marvel Stadium at your doorstep, the signature Town Square Plaza combining indoor and outdoor spaces, and state of the art facilities, this has been touted as one of the best sporting and entertainment arenas in the world.
Apartment A features an open plan kitchen and dining, flowing into a light-filled living area with a study nook and a balcony that overlooks the hustle and bustle of the entertainment precinct. it features a fully equipped kitchen with electric hotplate, oven and dishwasher, study nook and laundry in the bathroom. While the second bedroom has its own entrance with its own bathroom and kitchenette, for when you need the space and privacy to yourself.
Lease details:
Current rent: $38,389 per annum, $738 per week, going up to $768 per week in September
**Yield: 7.31% Gross, 6.75% net
Rent increase:
Sep 2024 - 4% increase
Sep 2025 - Market rent review
Sep 2026 - 4% increase
Sep 2027 - 4% increase
Sep 2028 - 4% increase
Sep 2029 - 4% increase
Sep 2030 - Market rent review
Owner Outgoings:
**Council rates: $1565 per annum
**Water rates: $ 1009 per annum
**OC Sinking fund only: $379 per annum
The Tenant pays Admin Fund levies.
** All figures are estimates
Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs.
The information contained has been provided to us by the vendor/s. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
We do not accept any liability for government legislation or rulings that override the terms and conditions of leases provided to us by third parties, (landlords and tenant) we are not bound by any warranty, representation, collateral agreement or implied terms under the general law or imposed by legislation in relation to goods, services and other offers.
Property History for 618/750 Bourke St, Docklands, VIC 3008
- 09 Sep 2024Sold for $510,000
- 17 Apr 2024Listed for Sale Not Disclosed
- 18 Jul 2013Sold for $512,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/zbobdu4dvei6vdnwdeddtmrzhm?signature=05f2616c7e560c0e73732053376a416778ee26d775320f31d4d30f4f3f5dd55f){kind=logo}
0
/assets/perm/uczgcyzgimi6tpazgw6jkztqfe?signature=cf53cbcb2d5128684b3821df9762ad92872b838040f58e6f1c77d83a845aa2a3){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 15,617 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.
Suburb Insights for Docklands 3008
Market Insights
Docklands Trends for Houses
N/A
N/A
View TrendN/A
N/A
Docklands Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
