710/750 Bourke StreetDocklands VIC 3008
Property Details for 710/750 Bourke St, Docklands
710/750 Bourke St, Docklands is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (June 2024)
This lucrative opportunity presents a two-in-one investment at Quest Docklands! *PLEASE NOTE CANNOT BE OCCUPIED BY OWNER STRICTLY FOR HOTEL USE**
** EXCLUSIVE TO INVESTORS ONLY DUE TO IT BEING ON A COMMERCIAL LEASE **
Please be aware that because Quest uses the apartment for hotel services, there may be last-minute cancellations of scheduled open times. If you plan to attend the inspection, kindly confirm via text or phone call to either Alice at 0421 981 981 or Travis at 0499 199 247.
Experience the convenience of serviced apartment-style hotel rooms at Quest Docklands, offering a relaxed and comfortable accommodation experience in Melbourne, ideal for both short and extended stays. This exceptional investment opportunity provides direct access to Etihad Stadium, located within the Free Tram Zone and in close proximity to a variety of restaurants/cafes, District Docklands, Obrien Icehouse, Melbourne Convention Centre, and CBD attractions.
This unique offering in Docklands presents a dual-key 1-bedroom apartment plus studio apartment, providing two properties in one. Featuring spacious open living/dining areas, stone-top kitchens with stainless steel appliances, bedrooms with built-in robes, sleek bathrooms with concealed laundry facilities, air conditioning, ample natural light, and balconies with views overlooking Bourke Street.
Situated in Docklands' bustling central corridor and just a short stroll from Southern Cross Train Station, this serviced apartment enjoys consistently high occupancy rates and offers a solid rental return for investors with minimal outgoings.
Lease details:
The current lease term expires September 2025. With four further terms to extend for 5 years duration.
Current rent: $29,026.2 per annum, $557 per week approximate
Rent increases 08/09/2024 to 07/09/2025: $30,187.2 per annum, $579 per week approximate
**Gross Yield: 7% approximate
Approximate Outgoings:
**Council rates: $429 per quarter
**Water rates: $268 per quarter
**Owners Corporation: $212 per quarter
The Tenant pays Admin Fund levies.
Seize this investment opportunity today. Register now for inspection or contact Alice Geddes or Travis Delutis!
Property History for 710/750 Bourke St, Docklands, VIC 3008
- 22 Mar 2024Listed for Sale $415,000 to $435,000
- 28 Aug 2023Listed for Sale $500,000 - $550,000
- 19 Sep 2009Listed for Sale ASKING 530,000
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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 17,770 properties. Over the last 5 years, Houses in Docklands have seen a 61.78% increase in median value, while Units have seen a 2.42% increase. As at 31 December 2025:
- The median value for Houses in Docklands is $2,226,009 while the median value for Units is $594,566.
- Houses have a median rent of $680 while Units have a median rent of $700.
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