OFF MARKET

63/111 Merchant Street
Docklands VIC 3008

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 3437m2
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Last updated 16 Sep 2024
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Property Details for 63/111 Merchant St, Docklands

63/111 Merchant St, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 3437m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
2006
Floor Size
86m2
Land Size
3437m2
Local Government
Melbourne
Lot/Plan
63P/PS509872

Last Listing description (November 2018)

Dock 5, named after the sites original address, is the centre piece and the benchmark for what other residential apartments complexes are trying to strive for and emulate. Designed by multi award winning architect John Wardle, and predominantly owner occupied, Dock 5 has cemented its place as the go to apartment for buyers wishing to move to the area.
Available in the boutique plaza section of Dock 5 on level 6, this spacious two bedroom abode provides an exceptional residence.
Extra large dining and living area flows to a very generous full length balcony. From this location, the tranquil water aspect gives a perfect backdrop to view water vessels cruising past. Watch a ship glide by as the crew endeavour to capture the wind on their sails.

Back in the apartment, there is a chefs kitchen with all the stainless steel appliances required. Gas stove top, electric oven, convection/ microwave oven to go along with the upgraded Corian stone bench tops.
Master bedroom with walk through robe and ensuite, while second bedroom includes built in robes and shares the central stylish bathroom.
Other features include
Reverse cycle ducted heating and cooling
Security entrance, Intercom system
Onsite manager
New carpets
Balcony Gas outlet for BBQ s and water tap outlet
Recreation facilities consist of
Indoor heated lap pool
Gymnasium
Communal BBQ area
Life is about balance, and as a reminder, John Wardle, who is renowned for this, has incorporated a cantilever component into the Dock 5. Being In the heart of the Docklands, what better way than for Dock 5 to provide perfect home and lifestyle.
Close to Woolworths, Post Office, Library at the Dock, fantastic cafes and eateries. Easy commute in and out. Free tram zoned. Short stroll to Southern Cross station and the freeway network.

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Property History for 63/111 Merchant St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$590,000
25 Oct 2018
Listed for Rent
$560/w
24 Jan 2014
  • 25 Oct 2018
    Sold for $590,000
  • 14 Sep 2018
    Listed for Sale $610,000
  • 15 Feb 2014
    Sold for $530,000
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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 15,821 properties. Over the last 5 years, Houses in Docklands have seen a 11.50% increase in median value, while Units have seen a -1.93% decrease. As at 31 August 2024:

  • The median value for Houses in Docklands is $2,223,622 while the median value for Units is $610,854.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 77 properties listed for sale, and 48 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 691 properties were sold in the past 12 months in Docklands.

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