Back 516/585 La Trobe Street
Active

516/585 La Trobe Street

Docklands VIC 3008

1
1
Apartment
Currently for sale - view listing

Overview

Approx. 10% Gross Rental Yield at Premier Location

Pairing a generously proportioned one-bedroom layout with a high rental yield, this CBD apartment presents a compelling opportunity for investors seeking an affordable addition to their portfolio. An established city address and exceptional everyday convenience further strengthen its investment appeal. The open-plan living and dining area offers a comfortable, practical layout, complemented by a U-shaped kitchen with ample bench and cupboard space. Privately positioned away from the entrance, the large bedroom features built-in robes and direct access to an ensuite bathroom, while air conditioning adds everyday comfort. The apartment places supermarkets, Spencer Outlet Centre, cafés and an extensive choice of eateries within easy reach. Southern Cross and Flagstaff stations, nearby tram services and Flagstaff Gardens complete a well-connected city setting. A substantial one-bedroom offering with strong rental returns and enduring CBD convenience, this is an accessible investment opportunity with plenty of appeal.

Features

1 bedroom
1 bathroom
Apartment

Happy sellers in Docklands

92%
92% 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 15 reviews in Docklands over the last 12 months.

Local market activity for 1 bedroom apartments in Docklands

In the last 12 months, 176 one-bedroom apartments similar to 516/585 La Trobe Street, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

© 2026 RateMyAgent