1907/241 Harbour Esp, Docklands VIC 3008

Level 19 apartment | 2 car spaces | Docklands Primary zone | Tenanted month-to-month This unit presents a competitive configuration within the Docklands market, where two secure car spaces are a significant and rare advantage for a two-bedroom apartment, directly addressing a common pain point for both owner-occupiers and investors. Its position within the Docklands Primary School zone adds a layer of long-term desirability for a specific buyer segment, enhancing its utility beyond the typical inner-city investor stock. The current tenancy on a flexible lease provides immediate income while allowing a new purchaser vacant possession with minimal delay, making it a pragmatic option for a buyer seeking a straightforward transition. Proceed with the understanding that the price guidance sits at a premium to the estimated market value, demanding immediate scrutiny of recent building sales to validate the ask. The primary risk is overpaying for a unit in a high-density complex where future capital growth may be constrained by ample comparable supply; your offer must be anchored by concrete, recent sales evidence, not aspirational price ranges. The opportunity lies in securing a well-configured property with genuine scarcity features-the dual car spaces and school zoning-that will underpin its rental appeal and resale audience. Acquire at or below the lower end of the quoted range with a view to holding as a long-term rental, targeting the professional or small family tenant demographic that will pay a premium for the parking and location. * **Comparable in Building:** Level 11, 2 bed, 1 bath, 1 car space. Estimated value $496,000 (off-market). This stark differential, while not a direct sale, signals that the premium for an additional bathroom and a second car space within this building is substantively material. It validates that the subject property’s configuration commands a higher value bracket, though the exact premium must be tested against actual sold data from the precinct.