Lendlease has officially commenced construction on Ancora at Collins Wharf, a landmark residential tower hoping to redefine Melbourne’s waterfront living.
Located at 971 Collins Street, Docklands, Ancora has already secured over 50% in presales, reflecting strong investor appetite for premium cityside properties.
The 28-storey tower will offer uninterrupted views across Victoria Harbour, the Yarra River, and Port Phillip Bay, reinforcing its appeal among high-net-worth buyers seeking exclusive waterfront access.
Ancora is Lendlease’s third residential development within Collins Wharf, following Regatta, which is already 85% sold and under construction.
The broader Collins Wharf precinct will eventually deliver over 1,800 residences across six architecturally designed towers, surrounded by 5,000 sqm of parkland.
Melbourne’s Lord Mayor Nicholas Reece attended the groundbreaking event, saying, “The appetite for quality-designed residential living in Melbourne is insatiable. We’re pleased to see a development that opens the door to world-class lifestyle apartments surrounded by waterways and greenery while remaining within arm’s reach of the CBD.
“Melbourne’s population is expected to swell to 142,000 residents by 2027, and it’s developments like Ancora that continue to cement our reputation as Australia’s most liveable city.”
Designed by architect Warren and Mahoney, Ancora will feature one, two, and three-bedroom apartments under the Waterfront Collection, alongside the Premier Collection, which includes townhouses, penthouses, and large-scale luxury residences.
Lendlease’s Executive Director, Development, Adam Williams highlights the growing desireability of Collins Wharf as a high-value residential hub.
Williams said, “Collins Wharf is fast becoming a sought-after address, with strong market demand for our Ancora and Regatta residences located within the well-connected, inner-city community of Victoria Harbour.
“As a tranquil neighbourhood on the edge of Melbourne’s CBD, where Collins Street meets the water, Collins Wharf is transforming this part of the Docklands into a desirable place to live, work and visit.”
Lendlease is integrating sustainability into Ancora’s design, creating an all-electric building with EV infrastructure, targeting a 5-Star Green Star certification.
As cities worldwide prioritise environmentally sustainable developments, Collins Wharf aligns with global real estate trends favoring green investment and future-proofing residential assets.
Slated for completion in 2027, Ancora is set to reinforce Melbourne’s reputation as Australia’s most livable city, catering to high-demand residential buyers in a market poised for long-term growth.
Investors seeking premium waterfront assets in a thriving metropolitan setting will closely watch Lendlease’s latest billion-dollar expansion into Melbourne’s elite residential landscape.
Ancora at Collins Wharf is expected to complete in 2027.
The Collins Wharf display suite is now open by appointment by contacting 1300 108 797 or visiting collinswharf.com.au.
