508/5 Caravel Lane

Off Market

508/5 Caravel Lane

Docklands VIC 3008

90 m²

0 m²

Apartment

Last sold for $594,000

Cary Thornton, last sold this property on 16 March 2023 after 7 days on market.

Overview

Urban Living Personified

Experience stunningly light-filled and modern living in the exclusive Boyd complex! This exceptional 2 bedroom apartment is located on the 5th floor and delivers a living experience you won’t forget, along with access to great building facilities and a location close to The District Docklands, waterside attractions, and trams to the city. • This property delivers amazing space with 90 sqm (approx.) total through the thoughtful design • Generous main balcony has superb views of landscaped leafy gardens that are part of the complex • Striking upgraded flooring flow throughout the open plan living and meals zone which has full windows • Kitchen promises a sizeable breakfast bar and stainless steel appliances, plus a window for added views and light • Large main bedroom has access to a 2nd balcony • Built-in robes to both bedrooms • Stylish bathroom with a separate powder room • Reverse cycle heating and cooling • Secure intercom • Secure car space • Storage Cage PROPERTY SIZE Internal 80sqm External 10sqm Total Size 90sqm AMENITIES Residents of Boyd Tower have access to a BBQ area, pool, gym, residents garden, and function room. LOCATION Near The District Docklands which features Hoyts Cinemas, Woolworths supermarket, Dan Murphy’s, Chemist Warehouse, and a wide range of specialty shops & restaurants. You’re also close to Capital City Trail, Docklands Primary School and kindergarten, Marvel Stadium, leading universities, trams including the free City Circle line, Southern Cross Station, and a short walk to the Port Phillip Ferries. All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties. Information contained on the website should not be relied upon and home buyers are encouraged to undertake due diligence before a property purchase. Please contact Cary Thornton on 0437 204 556 or Brooke Busuttil on 0413 590 202 to discuss this property further.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

90 m² floor area

0 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Docklands over the last 12 months, the estimated median property value of 508/5 Caravel Lane is $640k.

Median value

$640k

Estimated value range

$330k - $2.25m

Median days on market

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Docklands. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 508/5 Caravel Lane

2023

Sold

$594,000

Private Sale/Treaty on 16 Mar 2023 by Cary Thornton, of Lucas Real Estate

2015

Sold

$515,000

14 Dec 2015 by Lyle Dean, of Barry Plant Docklands

Happy sellers in Docklands

82%

82% of sellers in Docklands reported that their sale price either exceeded or met their price expectations.

Docklands stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Docklands over the last 12 months.

Local market activity for 2 bedroom apartments in Docklands

In the last 12 months, 302 two-bedroom apartments similar to 508/5 Caravel Lane, have been sold.

This represents a 12% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

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