1303/70 Lorimer Street, Docklands VIC 3008

1303/70 Lorimer Street, Docklands VIC 3008
Spacious 143mΒ² apartment | Unique redesigned layout | Dual parking in secure complex | Harbour-facing balcony | This two-bedroom apartment on a 143mΒ² floorplan suits professional couples or downsizers drawn to waterfront living with city access. Its generous internal space sets it apart from typical Docklands units, offering practical open-plan living that supports flexible use for work from home or entertaining without feeling constrained. The custom reconfiguration by removing a wall and repositioning the kitchen creates superior flow to the north-facing balcony, a rarity in the building that enhances daily usability and light penetration. Positioned on Lorimer Street within a established high-rise, it benefits from the precinct’s mature infrastructure while avoiding the density of newer developments further inland. Buyers typically include investors seeking stable rental yields from similar renovated apartments, or empty-nesters valuing the two secure car spaces amid rising urban parking challenges. In the local market, properties with this scale and outlook have shown resilience, holding value through cycles due to limited supply of larger two-bedrooms. The flood overlay warrants due diligence, but reliable fibre connectivity and 5G coverage bolster its appeal for tech-reliant occupants. Long-term, its harbour views and proximity to Melbourne’s core underpin holding potential, as demand for such positioned assets persists among lifestyle-focused purchasers. Comparable Lorimer Street units underscore this one’s competitive edge in size and customisation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Docklands is a high-density waterfront precinct dominated by apartment developments. Housing demand is driven largely by investors and professionals seeking proximity to the CBD. Property prices fluctuate with supply cycles but rental demand remains strong. Waterfront living and employment proximity define the suburbΒ’s appeal.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

143mΒ²

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