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
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:
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