505/20 Rakaia Way, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3175m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
With unprecedented outdoor space (approx. 60m2) which is bound to make entertaining an undoubted highlight, this sensational two bedroom, two bathroom apartment is a unique and stylish offering in the coveted Arkley residential complex.
This residence is a prime prospect for owner-occupiers who love a relaxed indoor/outdoor lifestyle. The alfresco zone at the rear of the property is truly unique and hard to find in apartments, with generous and dedicated patio and courtyard areas making a perfect space to have BBQs with friends or just relax with a quiet wine after work. The plants/tress also benefit from an irrigation system for low maintenance.
Inside, be further impressed by the open plan living and dining zone featuring floor-to-ceiling windows, meanwhile the pristine kitchen adjoining the central area has a long breakfast bar and superior stainless steel appliances. Both bedrooms have BIRs including the spacious main retreat which has room for a study and features direct access to the patio, while two separate bathrooms are well-appointed and modern.
The size of Docklands is approximately 2.8 square kilometres. There are 12 parks, covering nearly 5.3% of the 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 18,971 properties. Over the last 5 years, Houses in Docklands have seen a 35.90% increase in median value, while Units have seen a -0.52% decrease. As at 30 April 2026:
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