710/750 Bourke Street, Docklands VIC 3008

** 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 seven further terms to extend for 5 years duration.
Current rent: $29,026.2 per annum, $557 per week
**Gross Yield: 6.45%

Rent increase: 4% annual increases excluding the 6th year of term.


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!