2806N/889 Collins Street, Docklands VIC 3008
2806N/889 Collins Street, Docklands VIC 3008
3 bed 2 car Docklands apartment | North facing harbour views | Premium rental bracket | Family sized waterfront stock | Resort building amenities
This apartment is competitively strong because it offers a configuration rarely found in Docklands: a genuine three bedroom, two bathroom home with two car spaces. The north facing living and dining area opens to a private undercover balcony with harbour views, which is a standout feature in a precinct dominated by smaller investor oriented stock. The building itself is positioned at the Collins Street junction with a free tram stop at the doorstep and proximity to Southern Cross Station, making it highly convenient for professionals or downsizers. The inclusion of stone benchtops, stainless steel appliances, reverse cycle heating and cooling, and resident facilities like an indoor heated pool and gym further position this property as a premium offering suited to owner occupiers or executive tenants seeking a central waterfront lifestyle.
The advertised rent of $1,200 per week signals strong rental demand for this configuration, which may support valuation if the property is purchased for investment purposes. The building age and floor level were not confirmed, but these factors may influence both desirability and ongoing strata costs. While the views and amenity are clear strengths, potential buyers should weigh the trade offs of apartment living in a high density waterfront precinct, including reliance on building management and limited private outdoor space. The property may appeal most to those who prioritise location and parking over land ownership.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2806N/889 Collins Street, Docklands VIC 3008
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.