71/111 Merchant Street, Docklands, VIC 3008 | Property Value & History | OnTheHouse
OFF MARKET

71/111 Merchant Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 139m2
Land area: 3440m2
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Property Details for 71/111 Merchant St, Docklands

Building Type
Commercial
Year Built
2006
Floor Size
139m2
Land Size
3440m2
Local Government
Melbourne
Lot/Plan
71P/PS509872

Last Listing description (January 2017)

Prime corner hospitality opportunity situated on the west side of Merchant Street in the heart of DocklandA a a s Victoria Harbour precinct. Merchant Street is Victoria HarbourA a a s central retail hub and includes occupiers such as Woolworths, Victoria Harbour Pharmacy + News and Westpac.
The property has views of Victoria Harbour and is adjacent to Ericsson, NAB and the Gauge Building. Other major head offices in the immediate area include Myer, ANZ & Aurecon. Surrounding the site is 693,000sq m of office space, 4500 dwellings and a number of upcoming commercial and residential projects.
This prime Merchant Street site will be renovated to suit your requirements. An additional 34sq m of street setting will be available.

The landlord is seeking a quality food and beverage operator to create a buzz and capitalise on growing numbers within the precinct.
* Area 1: 138.5sq m* plus outdoor seating
* Area 2: 126.5sq m* plus outdoor seating
* 9 metre frontage
* Central location

Property History for 71/111 Merchant St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$399,000
28 Jul 2003
Listed for Rent
30 Oct 2015
  • 12 Oct 2015
    Listed for Rent - Price not available
  • 12 Mar 2014
    Listed for Rent - Price not available
  • 19 Sep 2013
    Listed for Rent - Price not available
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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 18,166 properties. Over the last 5 years, Houses in Docklands have seen a 55.54% increase in median value, while Units have seen a -0.57% decrease. As at 31 March 2026:

  • The median value for Houses in Docklands is $3,083,746 while the median value for Units is $591,309.
  • Houses have a median rent of $715 while Units have a median rent of $700.
There are currently 66 properties listed for sale, and 20 properties listed for rent in Docklands on OnTheHouse. According to Cotality's data, 766 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.