261/55 Victoria Harbour Promenade, Docklands VIC 3008
261/55 Victoria Harbour Promenade, Docklands VIC 3008
Spacious 3-bed apartment with 323m² land | Level 26 waterside position | Dual parking in premium complex | Appeals to downsizers seeking scale| This three-bedroom apartment on a 323sqm block suits affluent downsizers or professionals prioritizing generous space in a high-rise harbourside setting. Its substantial internal area around 313sqm delivers practical living on a scale uncommon for Docklands apartments, allowing flexible use across three bathrooms and dedicated parking for two cars. Positioned on level 26 within Victoria Harbour Promenade, it commands elevated views over the water, setting it apart from lower-level units in the same development. This locational edge enhances daily living with natural light and harbour proximity, while the building’s established status anchors it in a refined pocket of the precinct. Buyers drawn to such properties are typically high-income couples or small families who value privacy and low-maintenance luxury over suburban yards. Comparable large apartments here hold steady market appeal, often attracting repeat investors who prioritise long-term capital growth tied to Docklands’ waterfront evolution. The oversized floorplan supports enduring versatility, from owner-occupancy to rental yields in a tenant-favourable zone. In a market favouring compact units, this one’s scale positions it as a standout for those holding through cycles, bolstered by the promenade’s maturing infrastructure . Overall, its combination of size and height fosters resilience against shorter-term fluctuations.
Detailed Independent Property Report prepared by PropCred Analyst team for 261/55 Victoria Harbour Promenade, Docklands VIC 3008
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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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 suburbs appeal.
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PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
2
Land
323m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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