SOLD
Sold on 09 Nov 2023 for $440,000

8 Doepel Way
Docklands VIC 3008

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 2414m2
Sold By
Mark Sutherland
LUCAS REAL ESTATE
Cary Thornton
LUCAS REAL ESTATE
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Property Details for 8 Doepel Way, Docklands

Building Type
Commercial
Land Size
2414m2
Local Government
Melbourne
Lot/Plan
110/PS523477

Last Listing description (February 2024)

Offering 169sqm approx. of total space including a mezzanine floor and already fit out with commercial kitchen equipment this property is ready for a thriving business to move in and get started.

Situated in the heart of Docklands Newquay district close to Victoria Harbour, Southern Cross station, The District Docklands, and with easy access to freeways you are central and convenient to all the local amenities. You are amongst the hustle and bustle of Docklands' most thriving retail area but also could tap into all the residential residents along the street.

Located within Aquavista Tower, a dynamic complex that combines retail spaces and offices to cater to a diverse range of investors and occupants, you can take advantage of a range of facilities and amenities, including concierge services. This versatile space is suitable for various purposes, whether it be a medical suite, office, cafe, restaurant, Asian grocery store, convenience store, or numerous other possibilities. With excellent street exposure and close proximity to public transport within the free tram zone, your new premises will offer convenient access and ample parking for visitors. Previously operated as a successful takeaway food business in a "dark" or "ghost" kitchen setup, it yielded substantial rental income, making it an ideal choice for a similar tenant.

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Cary Thornton on 0437 204 556 or Mark Sutherland on 0418 691 585 to discuss this property further.

Property History for 8 Doepel Way, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$440,000
09 Nov 2023
  • 09 Nov 2023
    Sold for $440,000
  • 27 Sep 2023
    Listed for Sale $400,000 + GST
  • 09 Jul 2012
    Sold for $650,000
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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 15,820 properties. Over the last 5 years, Houses in Docklands have seen a 22.66% increase in median value, while Units have seen a -4.00% decrease. As at 31 July 2024:

  • The median value for Houses in Docklands is $2,406,077 while the median value for Units is $604,251.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 78 properties listed for sale, and 53 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 705 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.