1903/100 Lorimer Street, Docklands, VIC

Inspection Info

Address

1903/100 Lorimer Street, Docklands, VIC

Guide

$900,000

Reviewed By

David McMillan, Buyers Agent on September 11, 2019

David McMillan

Buyers Agent

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First Impression

Array tower was completed and constructed by Mirvac towards the end of 2016. They acquired the site for approx $218.8m and built 39 levels and 205 units. One of the first things I noticed in this apartment is the orientation - great for natural light. At 900k for this apartment the rate per square meter is $ 9782 and it seems in line with the market. Based on our due diligence for Docklands apartments the going rate per square meter is anywhere from $6000 to $13000. This apartment is suitable for young professionals. And very important to triple on your due diligence and make sure you run through the step by step due diligence process. Most towers built after 1997 may contain flammable cladding.

North facing orientation
Views of the city
Low maintenane

Small second bedroom
Limited value add potential
Price

Report Card

Buyers Agent

David McMillan

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David McMillan
BuyerX - Melbourne CBD

David has worked as a property Investment adviser, property consultant, buyer agent & valuer to private clients, financial planners, accountants, finance brokers and various government entities since 1999. He has been involved in more than $1b worth of transactions across Victoria, New South Wales, South Australia, Western Australia & Queensland.

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