Shop 8G, 439 Docklands Drive, Docklands, VIC 3008

Retail

Sold $580,000

  • Property ID: 415749
  • Floor Area: 103m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Shop 8G Sold 30/09/2022 103m2 N/A N/A
A WATERFRONT SEAT AT THE TABLE

POINT OF INTEREST:
Docklands is known for three things: modern apartments, tourist hotspots, and dining along the Yarra. Here, buy into the success of these and more, with 103 sqm* of building on the ground floor of a contemporary mixed-use development.

There’s a brilliant opportunity to occupy the modern space yourself or lease it out to someone looking to turn their side hustle into a shopfront. The corner position means blatant frontage to the retail and hospitality precinct and valuable side-of-the-building exposure, too. A glass panel façade invites the sunlight into the space, with a clever floorplan allowing optimal flexibility. A kitchenette has been thoughtfully included, heating and cooling throughout the premises, and plenty of car parking in the surrounding area.

With versatility at the heart of the property, a Docklands residency also affords easy central convenience with public transport interwoven into the grid. Perhaps the most popular tram in Melbourne, the 86 tram sits opposite the front door and gets you to Bourke Street Mall in nine stops. The Citylink and Docklands Highway arterial knot is also only 720 m* from here, with the Costco, Yarra River, and Marvel Stadium all within your postcode.

- 103 sqm* total building area.
- Heating and cooling throughout.
- Kitchenette included.
- 80 m* from the 86 tram stop.
- 720 m* from the Citylink.
- 960 m* from North Melbourne railway station.
- 2.1 km* from Melbourne CBD.

POINT OF VIEW:
Reports are showing the boom in residential developments and modern apartment towers on the CBD’s fringes. This means high-income renters are roaming the streets, looking for exactly what you can offer to this 103 sqm* retail opportunity.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: N/A
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: Ground floor
  • Height: 2.7 metres approx.
  • Age: Modern
  • Car Parking Fees: Surrounding
Outgoings
  • Water Rates: $986 p.a. approx.
  • Land Tax: $0 (Single Holding Basis)
  • Council Rates: $1,750 p.a. approx.
  • Owners Corp. / Insurance: $6,770.80 p.a. approx.
Docklands Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8962 $311 3.47%
Offices $8969 $884 9.86%
This is the average advertised price, rent and yield for Docklands, VIC 3008*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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