509/815 Bourke Street
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About this property
Set within the sought-after Serrata complex, this well-presented one-bedroom apartment is a straightforward investment opportunity in a high-demand Docklands location, just moments from the CBD. Currently leased at $530 per week until December 2026, the property offers secure, ongoing income from day one. With a secure lease in place now, and the option to occupy down the track, the property also suits buyers planning a future move into the CBD fringe. Property Features: * Open-plan living and dining flowing to private balcony * Modern kitchen with stone benchtops and stainless steel appliances * Spacious bedroom with built-in robe * Central bathroom with oversized shower * European laundry * Split-system heating and cooling Positioned on the CBD fringe, this address delivers genuine convenience: * Walking distance to Melbourne CBD * Close to Southern Cross Station and tram networks * Moments to Bourke and Collins Street, Marvel Stadium, and Docklands waterfront * Surrounded by cafés, restaurants, and retail amenity Investment Details: * Rental return: $530 per week (annual income: $27,560) - Approx. 7.8%7.9% gross return * Lease expiry: December 2026 * Strong rental demand location Contact either Eric or Jake today to find out more information! - - - - - - - - - - - - - - - - DISCLAIMER: All stated dimensions and distances are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Purchaser to make their own enquiries. Please refer to the Buyer Due Diligence Checklist available at https://www.consumer.vic.gov.au/duediligencechecklist. Photographs displayed may have been enhanced with AI tools, including for colour/light balancing, and are for illustrative purposes only.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Docklands
This 1-bedroom apartment in Docklands, VIC 3008 sits within reach of public transport, local shops and nearby schools. It is listed 42% below the $605,000 median of 68 comparable apartmentswithin 5 km.
Schools near Docklands
- Docklands Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop D17: Collins Landing (tram) — 190 m away
- Sunny Asian Grocery — 73 m away
- Victoria Green — 75 m away
- Unnamed — 175 m away
- Docklands Park — 189 m away
Docklands at a glance
Full suburb profile- Population
- 15,495
- Median age
- 32
- Household income
- $1,957/wk
- Median rent
- $411/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Docklands price trend
Median sold · Unit 1 bed
Compound growth -1.3% / yr over 4 yrs
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Full Docklands marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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