SOLD
Sold on 06 Dec 2023 for $2,035,000

71-77 Batmans Hill Drive
Docklands VIC 3008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 61m2
Land area: 2545m2
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Property Details for 71-77 Batmans Hill Dr, Docklands

Building Type
Commercial
Year Built
2007
Floor Size
61m2
Land Size
2545m2
Local Government
Melbourne
Lot/Plan
8RC/PS501391

Last Listing description (November 2023)

For Sale or Lease
Retail / Showroom / Office

Gross Waddell ICR is pleased to present for sale the ground floor retail space at 75-77 Batmans Hill Drive, Docklands.

The property, located in the Site One, six-level, mixed-use building is set over two titles, having an expansive & flexible floorplan of approximately 285 sqm*.

Prominently positioned with a wide frontage that offers huge exposure, the property is situated amongst an abundance of amenities. These include Dome Express & Liquor, Goodlife 24/7, quality hospitality outlets, multiple car parking options with both Care Park & Marvel Stadium Car Park and with Collins Street tram network and Southern Cross Train Station in close proximity.

Property Highlights:
Building area: 285 sqm*
Frontage: 17.5 metres*
Fully self-contained
Good natural light
Suits owner occupiers and investors
Surrounded by an abundance of amenities
Zoning: Docklands Zone - Schedule 3 (DZ3)
Sold with vacant possession

The property is being offered for private sale with inspections via appointment only.

For further information or to schedule an inspection, please contact Richard Lowe on 0425 742 777.

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Property History for 71-77 Batmans Hill Dr, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$2,035,000
06 Dec 2023
Listed for Rent
$120k/w
10 Nov 2023
  • 06 Dec 2023
    Sold for $2,035,000
  • 10 Aug 2023
    Listed for Sale Contact Agent
  • 10 Aug 2023
    Listed for Rent - Price not available
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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.

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