Off-Plan 1-Bedroom Apartment in Melbourne Docklands — FIRB Eligible, Waterfront, 5.8% Projected

An off-plan 1-bedroom apartment in a new waterfront development in Melbourne’s Docklands precinct. This property is eligible for purchase by foreign buyers under FIRB approval — no Australian residency required. Projected gross yield at current market rents is 5.8%, with strong short-term rental performance underpinned by the precinct’s corporate and events-driven visitor demand.

Melbourne Docklands is an established urban precinct 900m from the Melbourne CBD, with direct tram access, waterfront dining, and the Marvel Stadium events precinct as permanent demand anchors. New build apartments in this corridor consistently outperform secondary suburban stock on yield and liquidity. Kōwhai Property Group is expanding its development portfolio across the Tasman into key Australian markets. This listing represents the group’s first Melbourne project, targeting APAC capital seeking Australian new build exposure with FIRB eligibility confirmed. Construction expected Q4 2027.

📌 Sample Listing: This property is a sample listing created to demonstrate how FIRB-eligible Melbourne off-plan waterfront apartments are presented on AsetraX. Pricing, yield projections, and developer details are illustrative only. AsetraX is currently in beta. Enquire About Listing Your Property →