525/750 Bourke Street
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About this property
• Strong investment opportunity with gross return of approximately $26,240 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 A high-performing serviced apartment positioned in the heart of Docklands, offering an attractive combination of consistent rental income with predetermined CPI based rent increases. With a current gross return of $26,240 per annum, this residence presents an outstanding opportunity for investors seeking immediate yield within a blue-chip inner-city location. Owners Corporation Fees - $585 per annum Council Rates - $1,379 per annum Water Rates - $1,140 per annum Net Return - $23,136 per annum The open plan living and dining area is designed to maximise space and natural light, flowing seamlessly to a private balcony that adds a valuable lifestyle element highly sought after by tenants. The adjoining kitchen is well-appointed with quality appliances, stone benchtops, and ample storage, ensuring both functionality and long-term appeal. The generously proportioned bedroom features built-in robes and is serviced by a sleek central bathroom with integrated laundry facilities, delivering a practical and efficient floorplan. Additional inclusions such as secure entry and split system heating and cooling further enhance tenant comfort and retention. Situated moments from Marvel Stadium, the Docklands waterfront, and an array of cafes, restaurants, and transport options, the location ensures a high rental income and long-term stability. This is a smart, set-and-forget investment in one of Melbourne's most dynamic lifestyle precincts. PLEASE NOTE THIS APARTMENT IS FOR INVESTMENT ONLY.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Land Area
- 5 ha
- Listed
- 2 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 46% below the $575,000 median of 65 comparable apartmentswithin 5 km.
Schools near Docklands
- Docklands Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop D3: Docklands Stadium (tram) — 144 m away
- Nail Safari — 357 m away
- Unnamed — 198 m away
- Docklands Park — 212 m away
- Unnamed — 294 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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