2805/8 Pearl River Road, Docklands VIC 3008

1-bed high-rise Docklands | Level 28 city-water views | Compact 44m² floorplate | Strong rental yield potential | Fixed-price listing clarity This property’s competitive strength lies in its high-floor position within a waterfront precinct where supply of sub-50m² one-bedroom units is tightening. The fixed-price listing removes auction uncertainty, a rare advantage for buyers seeking transaction speed and cost control. With the local median for similar units at $399,000 and an estimated 6.5% rental yield, this unit serves best as a low-entry investment for yield-focused buyers or as a compact city base for professionals who prioritise location over space. The 44m² footprint, while small, is typical for Docklands stock and aligns with the rental demand from young tenants. The primary risk is the small floorplate, which limits owner-occupier appeal and future capital growth compared to larger units in the same tower. Buyers must also factor in higher body corporate fees typical of high-rise buildings, which compress net yield. The valuation spread between $335,000 and $445,000 suggests pricing discipline is needed—offer at the lower end to build in equity. FTTP broadband adds a supporting value for remote workers. For a buyer, this is a hold-for-cashflow property, not a flip.