SoldApr 3, 2016

1209/20 Rakaia Way, Docklands, VIC, 3008

$396,000

1
1
1
51 m²
0 m²

Apartment

30+ days on the market

Sold: Apr 3, 2016

What's around 1209/20 Rakaia Way

First Home Buyers and Investors Listen Up! Average weekly rent $645 over the last 4 financial years!! Or the perfect first step in to the market!

Achieving an incredible average yield of 7.8% approx. over the last four financial years, this is an investment opportunity too good to pass up! Not only for investors, this sleek, stylish one bedroom apartment is the perfect first step into the property market for the first-time buyer. Boasting uninterrupted northerly views and natural light aplenty, this recently modernised abode is being sold fully-furnished and is located on the 12th floor of the sought-after 'Arkley' residential complex. Enjoy the generous lounge and meals zone which flows out to the full-length balcony, offering spectacular views of the Melbourne Star Observation Wheel - an absolutely stunning shot at night. Step out your door and take in the excitement of the NewQuay Promenade bars and restaurants, Harbour Town Shopping Centre, Etihad Stadium, CBD attractions, trams, and Southern Cross Station. The stone kitchen is graced with s/steel splashback and quality appliances, the large bedroom with BIRs has balcony access, and the lush bathroom is equipped with a European laundry. You also have reverse cycle cooling, intercom entry, car space, and facilities incl. pool, spa, sauna, and gym.

Looking for more information on 1209/20 Rakaia Way?

Explore comparables, sales history and growth for this property.
Learn more

Buyer's review

over 10 years ago

Thanks Clare!

Clare was a pleasure to work with! Great communication, easy to deal with, and very accommodating. She was flexible to meet for inspection times always, and was in regular contact and always ensured any questions I had were resolved. She was always professional and made the process easy for me as a first time property buyer. Clare was great!! And always friendly and bubbly

B
Buyer

Similar properties sold nearby

SoldAug 11, 2026
$420,000
1608/421 Docklands Dr
Docklands VIC 3008
1
1
1
Apartment
SoldAug 4, 2026
$445,000
1e/9 Waterside Place
Docklands VIC 3008
1
1
1
Apartment
SoldAug 4, 2026
Price not available
416/757 Bourke Street
Docklands VIC 3008
1
1
1
Apartment

Other properties sold by Lucas Real Estate

SoldAug 12, 2026
$1,060,000
803/70 Lorimer Street
Docklands VIC 3008
2
2
2
Apartment
SoldAug 8, 2026
$580,000
2/27 Flinders Ln
Melbourne VIC 3000
2
1
Apartment
SoldAug 8, 2026
$940,000
1103/2 NewQuay Promenade
Docklands VIC 3008
2
2
2
Apartment

Browse properties sold in nearby areas

Email
© 2026 RateMyAgent