42 South Wharf Drive, Docklands VIC 3008

Waterfront residence | 4-bedroom unit | 23m marina berth | Architecturally designed | Not currently on market This property represents a rare configuration within Docklands, combining a four-bedroom unit scale with a private 23m marina berth, a feature absent from the typical high-rise apartment stock. Its architectural emphasis on riverfront connection and refined family living positions it for affluent buyers seeking a permanent inner-city residence rather than an investment unit, offering peerless luxury and a distinct lifestyle advantage over standard apartments. The absence from the market since 2010 suggests a tightly held, premium property. The primary risk is market validation, as the lack of recent sales and specific detail on finishes or building attributes complicates accurate valuation. The buyer’s opportunity lies in acquiring a uniquely positioned waterfront property with a highly illiquid, high-value ancillary asset in the marina berth. This property is best acquired for long-term owner-occupation to capitalise on its specific lifestyle offering. For a precise real market valuation, tailored due diligence checklist, and locality risk assessment for this unique property, a Propcred report provides the necessary commercial logic. Recent comparable sales data for this specific property is unavailable, with its last known sale occurring in August 2010. This lack of direct market evidence necessitates a highly specialised valuation approach focused on premium waterfront residences with marina access, rather than standard Docklands apartment comparables.