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Overview
Perched on the 40th floor of Tower 5 at Yarra's Edge, this impressive penthouse delivers a rare combination of vast space and commanding panoramic views stretching over Melbourne's cityscape, the Yarra River, and Port Phillip Bay. Shared with only one other residence via a private penthouse lift lobby, the layout provides exceptional privacy and a sprawling footprint equivalent to a house.
The design thoughtfully segregates accommodation wings to maximize privacy and flexible use, ideal for both family living and entertaining. The generous living and dining zones are enveloped by floor-to-ceiling windows that invite abundant natural light and capture the sweeping vistas, creating an airy and uplifting ambiance.
- The modern kitchen is a chef’s delight, outfitted with stone bench tops, a substantial island, gas cooking appliances, integrated refrigeration, premium Miele installations, and a built-in coffee machine, supporting both everyday functionality and sophisticated entertaining.
- The main bedroom suite offers a private balcony, a sizable walk-in wardrobe, and a luxurious ensuite featuring twin vanities, separate shower and toilet, and a spa bath positioned to enjoy the stunning views.
- Three additional bedrooms are served by two generous bathrooms, with one bedroom enjoying its own balcony overlooking Port Phillip Bay.
- Additional standout features include soaring ceilings, double glazing, zoned heating and cooling, automatic lighting and blinds, separate laundry and storage areas, secure intercom entry, and three secure parking spaces.
Located moments from premier precincts such as South Wharf, DFO, Crown, Southbank, and Victoria Harbour—and well serviced by public transport and a diverse range of restaurants—this penthouse promises a sophisticated urban lifestyle with exceptional privacy and some of Melbourne’s finest outlooks.
Local Market Insights
In Docklands, Quiet Listings observed 33 new apartments entering the market over the last 30 days, down from 54 during the previous 30-day period, with an average advertised asking price of $759,848. The property type mix of listed properties is predominantly Apartments at 95%, followed by townhouses (3%), and commercial properties (3%). The most active agency for apartments in the Docklands area is currently Lucasre, representing 48% of new listings, followed by Resbymirvac with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Docklands VIC 3008
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 323 m² |
Market Insights for Docklands VIC 3008
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