2005E/888 Collins Street, Docklands VIC 3008
2005E/888 Collins Street, Docklands VIC 3008
Two bathrooms and car space edge | Level 20 city and water views | Full building amenity package | High-density living without land component | Premium over typical one-bath units
This apartment is made competitively strong by its two-bathroom configuration and included car space, which are uncommon in inner-city high-rise stock. It sits within the amenity-rich 888 Collins precinct, offering residents a 25-metre pool, spa, gym, and communal spaces. The high-level outlook over the city and waterfront positions it as a lifestyle-driven option for professionals or downsizers seeking low-maintenance living. Owner-occupiers are likely to value the convenience and security, while investors may find the configuration attractive for quality tenants.
The shared land component of this property may limit long-term value growth from land appreciation, but the superior internal features could command a price premium over standard two-bed units. Buyers should consider how recent sales of similar layouts within the building inform market expectations, though the extra bathroom is a clear differentiator
Detailed Independent Property Report prepared by PropCred Analyst team for 2005E/888 Collins Street, Docklands VIC 3008
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Docklands is a modern, high-density waterfront precinct offering a dynamic urban lifestyle. Demand is driven by professionals and investors seeking convenience and rental returns, evidenced by strong rental growth and quicker unit sales. Recent price trends show a softening house market with extended selling times, while units demonstrate relative stability. Future growth is anchored in its ongoing development and rental appeal, though sensitivity to broader market conditions and limited house turnover present notable constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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