403/120 Studio Lane, Docklands VIC 3008
403/120 Studio Lane, Docklands VIC 3008
93m² two-bedroom apartment | car space included | walk to District Docklands | no overlays detected | floor level unknown
This apartment stands out for its generous 93 square metres of internal space, which is notably larger than many two-bedroom units in Docklands, and it includes a car space, a feature not universally available in the area. Built in 2008, the property sits close to The District Docklands shopping and dining precinct, offering strong walkability for daily needs. It is zoned for University High School, a well-regarded public secondary option, and benefits from NBN fibre to the building and 5G coverage. This unit is best suited for city-based professionals, downsizers seeking low-maintenance living, or investors targeting tenant demand near the CBD, as the combination of size, parking, and location supports a broad appeal.
The absence of information on floor level, aspect, or views means that the property’s position within the building may influence its desirability and, consequently, its achievable price. While the estimated rental return suggests a reasonable yield, that figure depends on achieving the projected rent without significant vacancy periods. The lack of bushfire, flood, or heritage overlays reduces some risks, but the apartment ownership structure inherently lacks the land component that typically drives capital growth in competitive markets. A buyer should weigh these factors when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 403/120 Studio Lane, Docklands VIC 3008
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✕
2
Docklands VIC 3008
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1.29 acres
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst