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525/750 Bourke Street
Docklands, VIC 3008
$376,000
Overview
Blue Chip Investment in the Heart of Docklands - 6.3% Net Return
- Strong investment opportunity with gross return of approximately $28,611 per annum
- Recently renovated
- Spacious one-bedroom layout with built-in robes and excellent storage
- Light-filled open plan living and dining zone designed for strong tenant appeal
- Contemporary kitchen with stone benchtops and stainless steel appliances
- Private balcony enhancing lifestyle appeal and rental demand
- Split system heating/cooling, and intercom entry
This serviced apartment is located in the heart of Docklands, offering a compelling blend of consistent rental income with predetermined CPI-based rent increases. With a current gross return of $28,611 per annum, it represents an excellent opportunity for investors seeking immediate yield in a prestigious inner-city location.
Annual fees include Owners Corporation Fees of $2,250, Council Rates of $1,379, and Water Rates of $1,140, resulting in a net return of $23,840 per annum.
The open plan living and dining area is designed to maximize space and natural light, seamlessly extending to a private balcony that adds a valuable lifestyle element highly sought after by tenants. The adjoining kitchen is well-equipped with quality appliances, stone benchtops, and ample storage, ensuring both functionality and long-term appeal.
The generously sized bedroom features built-in robes and is complemented by a sleek central bathroom with integrated laundry facilities, delivering a practical and efficient floorplan. Additional features such as secure entry and split system heating and cooling further enhance tenant comfort and retention.
Situated just moments from Marvel Stadium, the Docklands waterfront, and a variety of cafes, restaurants, and transport options, the location ensures strong rental income and long-term stability. This property is a smart, set-and-forget investment in one of Melbourne's most dynamic lifestyle precincts.
Please note this apartment is offered for investment purposes only.
Location
Docklands VIC 3008
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 59 sqm |
Market Insights for Docklands VIC 3008
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