Aluna – Collins Wharf, Docklands
Aluna is a premium waterfront residential development by Lendlease, located at 989 Collins Street, Docklands. Positioned within the prestigious Collins Wharf precinct, the project offers a collection of thoughtfully designed studio, one, two, and three-bedroom apartments with uninterrupted views of the Yarra River and Victoria Harbour.
Rising 28 levels with approximately 416 residences, Aluna combines contemporary architecture with a strong focus on lifestyle and wellbeing. Residents will enjoy access to world-class amenities including a fully equipped gym, pool, spa, sauna, co-working spaces, landscaped gardens, and rooftop terraces overlooking Melbourne’s skyline.
Ideally situated on the CBD fringe, Aluna provides seamless connectivity to the city, with free tram access, proximity to Southern Cross Station, and walking distance to key destinations such as Crown, Marvel Stadium, and Docklands dining precincts.
Investment Highlights
Prime waterfront location on Collins Street
Developed by Lendlease, a globally recognised builder and developer
Strong rental demand driven by proximity to CBD and transport
Estimated completion: 2029
Deposit & Return Structure
Aluna offers a favourable off-the-plan investment structure designed for long-term investors:
10% deposit required
No further payments until completion
Interest earned on deposit during construction period
The deposit is held in a secure trust account and accrues interest over the construction period. This allows investors to benefit from capital growth potential while earning a modest return on their initial capital outlay, with interest typically aligned to prevailing bank rates.
Pricing
Starting from approximately AUD $568,000
Full price range up to AUD $4.85M+ depending on size, level, and views
Summary
Aluna represents a rare opportunity to secure a future waterfront residence in Melbourne’s CBD fringe, combining lifestyle appeal with long-term investment fundamentals. With a flexible deposit structure and strong location fundamentals, it is well-suited for both owner-occupiers and investors seeking growth over time.
