105 Pearl River Road, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

105 Pearl River Road
Docklands VIC 3008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8557m2
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Property Details for 105 Pearl River Rd, Docklands

Building Type
Commercial
Land Size
8557m2
Local Government
Melbourne
Lot/Plan
2/PS512048

Last Listing description (August 2023)

Stonebridge Property Group is privileged to present for sale O'Brien Icehouse, a once in a lifetime opportunity to acquire one of Melbourne's best income producing landbanks.

The key highlights of the opportunity include:

- Australia's largest ice-skating arena (GLA of 9,856 sqm) constructed to the highest quality in 2010 and providing strong depreciation benefits

- Highly secure 20 year net lease^^ (commenced 2014) with a 10 year option

- Ultra desirable inflation linked rental increases with a 3% p.a. minimum

- Irreplaceable 8,555 sqm* landholding, 1.5 km* from the Melbourne CBD with significant future development potential (STCA)

- Strategically located adjacent to Costco and The District Docklands plus substantial surrounding future developments

- Massive customer draw having over 2.7 million people within a 30 minute drive time^^

- Estimated net operating income of $1.93 million p.a.*

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

^ Some exclusions, refer to Lease
^^ GapMaps April 2023
* Approximate

Property Code: 654

Property History for 105 Pearl River Rd, Docklands, VIC 3008

A timeline of how this property has performed in the market
  • 03 May 2023
    Listed for Sale Contact Agent
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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 2016 was 10964 people. By 2021 the population was 15495 showing a population growth of 41.3% in the area during that time. The predominant age group in Docklands is 30-39 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 2021, 30.30% of the homes in Docklands were owner-occupied compared with 34.50% in 2016.

Docklands has 17,768 properties. Over the last 5 years, Houses in Docklands have seen a 31.62% increase in median value, while Units have seen a 2.45% increase. As at 30 November 2025:

  • The median value for Houses in Docklands is $2,393,778 while the median value for Units is $598,512.
  • Houses have a median rent of $680 while Units have a median rent of $690.
There are currently 69 properties listed for sale, and 37 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 739 properties were sold in the past 12 months in Docklands.

Suburb Insights for Docklands 3008

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.