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1103E/888 Collins Street

Docklands, VIC 3008, Australia
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2 bed 1 bath 1 car

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About this property

Rarely does an inner-city investment opportunity deliver this level of return in such a prestigious address. Positioned high within the iconic 888 Collins Street precinct, this contemporary two-bedroom apartment is currently tenanted with a 12-month lease renewal in place - offering investors an immediate, hassle-free income stream with an exceptional gross return of over 7.7%. The numbers speak for themselves, but the asset quality is equally compelling. The open-plan living and dining zone extends to a generous balcony with expansive city views, while the sleek kitchen is appointed with premium Miele appliances. Both bedrooms feature built-in robes, with the main bedroom enjoying direct balcony access. A dedicated study area, stylish central bathroom, concealed European-style laundry, and split-system heating and cooling round out a well-appointed, low-maintenance package that tenants love - and landlords benefit from. Adding further appeal, residents enjoy exclusive access to resort-style amenities including a fully equipped gym, indoor swimming pool, spa, library, business lounge, and a landscaped sky garden with BBQ facilities - features that drive consistently strong tenant demand and underpin the property's rental premium. Superbly located just moments from the CBD, Docklands waterfront, and the free tram zone, with cafés, restaurants, and retail all at the doorstep, this is the type of set-and-forget investment that is increasingly difficult to find in Melbourne's inner-city market. Key Investment Highlights: Over 7.7% gross return 12-month lease renewal in place - income from day one Two bedrooms with built-in robes + dedicated study Premium Miele kitchen, modern bathroom, European laundry Split-system heating and cooling Secure car space included Resort-style amenities: gym, indoor pool, spa, library, business lounge & sky garden BBQ Prime Docklands location - moments to CBD and free tram zone A high-performing asset in a blue-chip location. Enquire today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,909/month
$1,454 /fortnight
Loan $480,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$120,000
Stamp duty$31,070
Conveyancing (est.)$2,000
Total upfront$153,070
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Docklands

This 2-bedroom apartment in Docklands, VIC 3008 sits within reach of public transport, local shops and nearby schools.

Schools near Docklands

  • Docklands Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Stop D18: Victoria Harbour Docklands (tram)36 m away
  • Golden Express Supermarket55 m away
  • Buluk Park154 m away
  • Unnamed206 m away
  • Victoria Green227 m away

Docklands at a glance

Full suburb profile
Population
15,495
Median age
32
Household income
$1,957/wk
Median rent
$411/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Docklands price trend

Median sold · Unit 2 bed

Compound growth -0.7% / yr over 4 yrs

$626kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Docklands market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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