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405/20 Pier Lane, Maribyrnong$1.05m
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405/20 Pier Lane

Maribyrnong, VIC 3032, Australia
$1m – $1.10m
2 bed 2 bath 2 car

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About this property

Perched atop the prestigious Marina Apartments, this exceptional penthouse delivers a rare combination of scale, sophistication and uninterrupted waterfront vistas offering a lifestyle more akin to a luxury residence than an apartment. Bathed in natural light and framed by expansive floor-to-ceiling glazing, the home captures breathtaking views across the Maribyrnong Marina, the ever-changing Footscray skyline, Victoria University and the sparkling Melbourne CBD beyond. Every room has been designed to embrace the outlook, creating a remarkable sense of openness, tranquillity and connection to the water. At the heart of the residence, an expansive open-plan living and dining domain unfolds with effortless elegance. A feature gas log fireplace provides warmth and ambience, while sliding glass doors dissolve the boundary between indoors and out, extending the living space onto a spectacular full-width terrace. Rarely found and impossible to replicate, this oversized outdoor entertaining zone is the ultimate setting for long lunches with friends, sunset drinks overlooking the marina, or simply relaxing as the city skyline begins to illuminate at dusk. With ample room for both dining and lounging, it becomes a true extension of the home and a centrepiece of the lifestyle on offer. The gourmet stone kitchen is beautifully appointed with premium Fisher & Paykel appliances, a mirrored splashback, integrated dry bar, and exceptional storage, delivering both practicality and refined style for everyday living and entertaining alike. Accommodation comprises two generous bedrooms, each enjoying direct access to the terrace. The luxurious main suite serves as a private retreat, complete with a walk in robe and elegant ensuite, while the second bedroom is serviced by a sleek central bathroom. Further highlights include a concealed European laundry, zoned Mitsubishi Electric refrigerated heating and cooling, secure fob entry, two basement car spaces and two storage cages. Perfectly positioned moments from waterfront walking trails, Harbour Park, cafes and Highpoint, and with effortless access to Melbourne's CBD, this is a rare opportunity to secure one of Maribyrnong's finest penthouse residenceswhere spectacular views, exceptional proportions and an enviable waterfront lifestyle come together in perfect harmony. Sale Process & Communication Notice The vendor may sell the property at any time, including prior to any advertised date, and reserves the right to vary the sale method or bring any advertised auction forward. Prospective purchasers must notify the selling agent in writing of their interest and intended participation to ensure they are kept informed of any changes to the sale process. Purchasers are responsible for ensuring their contact details remain current and that they remain contactable regarding this property, as the agent cannot guarantee delivery of updates where communication preferences have been restricted, or contact details are incorrect.

Property Details

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

Repayment calculator

$5,090/month
$2,545 /fortnight
Loan $840,000 at 6.10% over 30 years

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
Verify with VIC revenue office →
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 Maribyrnong

This 2-bedroom apartment in Maribyrnong, VIC 3032 sits within reach of public transport, local shops and nearby schools. It is listed 45% above the $724,500 median of 55 comparable apartmentswithin 5 km.

Schools near Maribyrnong

  • St Margaret's Primary Schoolprimary · Prep-6 · CoEd
  • Maribyrnong Collegesecondary · 7-12 · CoEd

What's nearby

  • Flemington Racecourse 2 (train)688 m away
  • Rebel1.5 km away
  • Unnamed870 m away
  • Pipemaker's Park1.1 km away
  • Thompson Reserve1.1 km away

Maribyrnong at a glance

Full suburb profile
Population
12,573
Median age
36
Household income
$2,020/wk
Median rent
$396/wk
Median mortgage
$2,000/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Maribyrnong is experiencing steady inner-west infill development with emphasis on riverside precinct activation, medium-density residential conversion along major roads, and adaptive reuse of industrial heritage. The area benefits from proximity to Footscray activity centre, strong transit connectivity, and council focus on Maribyrnong River as a key urban renewal corridor, driving mixed-use and residential development pressure typical of Melbourne's inner-west intensification.

Nearby projects

5

Closest

0.3 km

Local Residential Infill DAs

500m1km1.5km2kmLocal Residential Infill DAs — 0.3 kmMaribyrnong River Precinct Mixed-Use Development — 0.5 kmMaribyrnong Primary School Precinct Renewal — 0.8 kmFootscray Road Corridor Residential — 1.2 kmWest Melbourne Industrial-to-Residential Conversion — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Local Residential Infill DAs

0.3 km
Residential subdivisionUnder construction

Scattered residential infill and townhouse developments on underutilised residential blocks responding to housing demand.

300 m

Maribyrnong River Precinct Mixed-Use Development

0.5 km
Mixed-useProposed

Medium-density residential and commercial development along the Maribyrnong River corridor with public realm improvements and heritage consideration.

500 m

Maribyrnong Primary School Precinct Renewal

0.8 km
InfrastructureApproved

School facility modernisation and potential shared community facilities reflecting council investment in local amenity.

800 m

Footscray Road Corridor Residential

1.2 km
Residential apartment buildingUnder construction

Multi-storey apartment complex targeting middle-ring Melbourne infill demand on a strategic transit corridor.

1.2 km

West Melbourne Industrial-to-Residential Conversion

2 km
Mixed-useProposed

Adaptive reuse of industrial heritage sites in adjacent precinct converting to residential and creative-industry uses.

2.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Maribyrnong price trend

Median sold · Unit 2 bed

Compound growth -1.2% / yr over 4 yrs

$495kcurrent median

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

Full Maribyrnong market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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