1111/915 Collins Street Docklands VIC 3008

Corner apartment | panoramic water views | resort building | Docklands fringe | 90sqm functional layout The apartment’s corner configuration delivers dual-aspect water views and natural light that standard units in this development lack, giving it a clear resale edge. At 90sqm with two separate bedrooms, a study nook, and a covered balcony, the floorplan suits owner-occupiers who work from home or downsizers wanting genuine separation of space. The Italian kitchen with Miele appliances and the building’s resort amenities—heated pool, gym, concierge—position this as a low-maintenance, high-lifestyle holding in a precinct still maturing. For a buyer seeking a lock-and-leave home with strong rental appeal near the CBD and Marvel Stadium, this unit competes well against newer Docklands stock that often sacrifices room size for finishes. The key risk is the owners corporation fee of $5,160 per annum, which is typical for full-service buildings but must be factored into holding costs, especially if the buyer intends to rent rather than occupy. The 2017 sale at $930,000 and current asking range suggest the market has softened for Docklands apartments, meaning the buyer should negotiate firmly, not chase. Rental income of approximately $900 per week provides a gross yield near 5.5% at the lower end of the price range, which is acceptable for a blue-chip suburb but not exceptional. The building’s 2018 construction and ducted heating and cooling keep ongoing maintenance low. Hold this property for lifestyle or steady rental income, not for short-term capital growth.