Docklands

Docklands New Apartments | Investment Property Melbourne

A once in a lifetime opportunity to live right in the heart of Melbourne, with everything at your doorstep. It is a unique waterfront development located on the spectacular Victoria Harbour and three kilometres of Yarra River frontage.

Melbourne Docklands is fast becoming one of Australia’s most progressive and energised urban domains. With 7 km of waterfront promenades, urban art, stunning architecture, historic and contemporary buildings, state-of-the-art marinas, stylish waterfront restaurants, cosy bars and active waterways, Docklands has plenty to offer.

Covering 200 hectares of land and water, Docklands comprises nine distinct but interlinked precincts, mainly being developed by the private sector. It offers a dynamic blend of residential, commercial, retail and leisure components.

It is a place where you can enjoy close to workplace, shops and entertainments and city lifestyle.

Investment Outlook:

Rental Return

• Rents get to soar as the rental demands in Docklands is extremely high. We have already seen with the national total up to 14% over the year and Melbourne is achieving well over 20% total returns. Increased returns will provide an increasingly strong incentive for property investors.
• The vacancy rate of Melbourne city and its surrounding areas is now falling to below 1%. This indicates under supply, the consequence of which has been increased rents.

Capital Growth

It is only one third of the way complete, Melbourne Docklands’ current development value is $4.5 billion on the way towards its end value of $12 billion.

X Factors:

• Docklands will have delivered Melbourne approximately 400,000 m2 nett leasable area (NLA) of new office accommodation. In doing so it has attracted many of Australia’s leading corporations to the waterfront. These include ANZ, AXA Asia Pacific, Myer Pty Ltd and National Australia Bank to mention only a few.
• By year 2020, Docklands will have doubled the size of the CBD and inextricably changed the Melbourne landscape, becoming home to 17,000 residents, workplace to over 40,000 people and a destination for 20 million visitors per year.

With low vacancy rates and undersupply of inner city dwellings there has never been a better time to purchase an apartment in Docklands.

Register your interest now. Buy off the plan and save stamp duty.