Melbourne’s City Circle tram loops past a dense matrix of culture, education and commerce, but few intersections offer as much access in so little walking distance as the northern end of King Street.

Here, Aspire Melbourne rises 64 storeys from the edge of Flagstaff Gardens, with immediate connectivity to tram and train networks, and pedestrian access to Queen Victoria Market, Marvel Stadium and Melbourne’s major university precincts.

Developed by ICD Property with design by Fraser &amp; Partners, Aspire Melbourne brings 570 apartments to one of the CBD’s most spatially balanced positions, directly between civic green space and key employment infrastructure.

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Everything from retail and dining to sporting events, art, theatre, and festivals, or the serenity of the city’s gardens, is within walking distance of Aspire.

Melbourne's thriving coffee culture is showcased in the CBD's cobblestoned laneways, with popular cafes such as Brother Baba Budan, Krimper, Stagger Lee's, Higher Ground, and Manchester Press all nearby.

For culinary enthusiasts, Melbourne offers a variety of dining experiences. Highly recommended establishments include Maha, Farmer's Daughter, Coda, and MoVida Next Door, offering everything from Middle Eastern dinners to a night out.

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Getting around Melbourne is as effortless as finding a great cup of coffee, thanks to the city’s clean, reliable and extensive public transport network. Aspire’s curved tower is a short walk from Melbourne Central Station, Southern Cross Station and the Free Tram Zone, offering seamless connections across the CBD and out to suburban precincts.

This inner-city accessibility is complemented by Aspire’s rare proximity to green space. The tower directly overlooks Flagstaff Gardens, the city’s oldest park, with Fitzroy Gardens and the Royal Botanic Gardens also nearby, framing the CBD in natural beauty.

Just 11 minutes on foot, Queen Victoria Market adds another layer of amenity. A longstanding hub of culture and commerce, it offers fresh produce, gourmet foods, artisanal goods and vibrant multicultural fare, all woven into the daily rhythm of city life.

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To the west, the CBD’s entertainment quarter features Marvel Stadium, just 750 metres from Aspire, ideal for sports fans and major events.

To the south, Crown Casino along the Yarra River offers entertainment, dining and family-friendly activities, accessible in under 10 minutes by tram.

The Arts Centre Melbourne, a hub for visual art, theatre, music and performance, is also within easy reach by public transport or car.

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For families looking to set up roots in the CBD, education options abound within a one-kilometre radius of Aspire.

The prestigious Haileybury opened its Melbourne CBD campus in January 2017 offering Melbourne's first Early Learning Centre to Year 12 private school campus in the CBD.&nbsp;

<a href="/developments/north-melbourne-vic-3051">North Melbourne</a> Primary School, South Melbourne Primary School, Ozford College, and Simonds Catholic College are among the other choices, while universities like Victoria University, La Trobe University, and Monash University are less than 600 metres away.

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A limited selection of one, two, and three-bedroom apartments remain for sale, with pricing starting from $647,000.

“The Melbourne CBD apartment market has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal, especially to the fast-growing cohorts of young professionals and university students,” <a href="/project-marketer/colliers">Colliers</a>&nbsp;Managing Director Residential Tim Storey said.

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Joel Robinson

On the fringe of Flagstaff Gardens: Aspire Melbourne's prime location

The onset of the pandemic was a tough time for developers across the country.

In Western Australia, development came to a grinding halt.

“There had been little to no increase in the cost to build for about 12 to 13 years before the pandemic,” Gavin Hawkins, Executive Director of <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth’s premier developers, told Apartments.com.au.

“Everything then went up overnight. Costs escalated, and so did the prices buyers had to pay. Pair the cost increase with the lack of available builders, and any project worth upwards of $100 million had to be paused because it wasn’t feasible to deliver.”

There were also a series of builder insolvencies, while many tier-one firms shifted their focus away from residential towers. “A lot of the large builders had taken on major government contracts for hospitals, schools and transport infrastructure, which offered lower risk and steadier returns. That left very few willing or able to deliver large-scale apartment projects in WA,” Hawkins said.

As a solution-driven business, Edge decided they would bring construction in-house.

“The builder-developer model is a more common model in the eastern states, but it hasn’t really been done in WA before,” Hawkins says. In the middle of 2023, they established Edge Construction, hiring senior staff members from reputable tier-one builders.

“We showed them our pipeline of projects, which de-risked the process somewhat, and now we have a 45-strong construction team working across our six projects currently under construction.”

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Edge’s portfolio is arguably one of the most enviable in the state, with a diverse spread both geographically and in terms of density.

In Crawley, the team is approaching completion of <a href="https://www.apartments.com.au/new-apartments/broadway-on-the-bay-crawley-168-broadway-crawley-wa-6009">Broadway on the Bay</a>, just 21 riverfront apartments in an eight-level building. North of Crawley, Edge is also soon to complete <a href="https://www.apartments.com.au/new-apartments/claytons-mindarie-beachfront-mindarie-50-alexandria-view-mindarie-wa-6030">Claytons Mindarie Beachfront</a>, an 89-residence community comprising apartments, penthouses, and two-storey townhouses.

One of Edge’s most notable developments is <a href="https://www.apartments.com.au/new-apartments/the-dunes-beachfront-residences-scarborough-1-reserve-street-scarborough-wa-6019">The Dunes</a>, a landmark project on the iconic Scarborough beachfront. Its 223 residences are spread across two buildings that will also feature a lagoon pool, wine cellar, and a series of formal and informal dining and lounge areas, reinforcing its positioning as one of the suburb’s most ambitious residential undertakings.

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Edge’s Fremantle project, <a href="https://www.apartments.com.au/new-apartments/muse-at-artisan-place-fremantle-19-burt-street-fremantle-wa-6160">Muse at Artisan Place</a>, is also breaking new ground as the first, and most premium stage, of a new residential precinct in the city’s east end. They have two of the four buildings, Muse West and Muse East, under construction, which will deliver 153 of the broader Artisan Place precinct that will eventually comprise 277 residences.&nbsp;

Not forgetting the CBD fringe, Edge has also commenced the build of <a href="https://www.apartments.com.au/new-apartments/lumiere-south-perth-35-mends-street-south-perth-wa-6151">Lumiere</a>, a mix of 115 one, two, and three-bedroom apartments in a striking curved building by Hilliam Architects in South Perth. Lumiere also leans heavily on resident amenity, with an infinity heated pool with cabanas, a gym with a sauna and yoga deck, billiards room and cocktail bar, a residents’ lounge with fireplace and dining area, and a street-level café and wine bar.

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Edge is doubling down in South Perth, having recently acquired a site on Harper Terrace, the last privately held riverfront block in South Perth’s Mends Street precinct. Hawkins says the team had been working for years to secure the adjoining block, which had four separate owners in an original apartment building. Then the neighbouring cleared block came up for sale, allowing them to create a prized and unrepeatable 4,000 sqm-plus site.

The plan is to launch Harper on Swan, an 11-level building with around 71 apartments, mostly three-bedroom residences, to the market soon. Hawkins says the downsizer market in particular continues to be resilient in WA. “Now their homes are up to double what they were four years ago, and they are ready to take advantage of that and move into a new apartment,” Hawkins says.

“With strong population growth, full employment, and limited supply in the new apartment space, WA is well positioned heading into 2026.”

Edge’s portfolio is arguably one of the most enviable in the state, with a diverse spread both geographically and in terms of density.

How EDGE Visionary Living navigated the pandemic, and came out stronger: Five minutes with Gavin Hawkins

Construction has officially commenced at <a href="https://www.apartments.com.au/new-apartments/botanical-turner-2-forbes-street-turner-act-2612">Botanical Turner</a>, one of Canberra’s most anticipated new residential communities, with site works well underway in preparation for the piling rig to arrive in November. &nbsp;

Developed by <a href="https://www.apartments.com.au/developers/amalgamated-property-group">Amalgamated Property Group</a> in partnership with <a href="https://www.apartments.com.au/developers/base-developments">Base Developments</a>, Botanical Turner builds on the team’s proven track record of delivering landmark projects across Canberra and beyond. It is being brought to life by the highly respected team at <a href="https://www.apartments.com.au/builders/milin-builders">Milin Builders</a>, known for delivering a number of award-winning projects across the ACT.&nbsp;

Almost 50 per cent of the residences have already sold during Stage 1, signalling both the strength of &nbsp;buyer confidence and the rarity of Botanical’s offering.

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Graham Potts, Principal and Founding Director of Amalgamated Property Group, said the market response affirms the vision for Botanical.&nbsp;

“To see construction now underway is a milestone for both our team and our buyers. Nearly half &nbsp;of the residences have been secured in this first stage, which validates our approach of creating &nbsp;homes that are both distinctive in design and generous in scale. Botanical is more than a &nbsp;residential project, it’s a contribution to the future of Canberra’s inner north, designed to hold its &nbsp;value for generations to come.”&nbsp;

Proving popular with owner-occupiers, Botanical Turner offers a broad range of floorplans with one-, two-, and three-bedroom residences designed for flexibility. The project has drawn the attention of downsizers in particular, who value the low upkeep, leafy inner-north location, and forward-thinking considerations for storage and functionality.&nbsp;

&nbsp;

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Designed by award-winning <a href="https://www.apartments.com.au/architects/sjb-architects">SJB Architects</a> (2023 International Interior of the Year at World &nbsp;Architecture Festival and 2024 Premiers Prize at NSW Architecture Awards), Botanical Turner &nbsp;makes a statement in both presence and liveability. The building’s bold geometric form is layered in a palette of red brick, terracotta and crisp white.

Carefully integrated communal spaces, including a landscaped courtyard, arched walkways &nbsp;and open thoroughfares, give residents a sense of connection and ease, while the abundant &nbsp;amenities reflect the expectations of a discerning market backed by Amalgamated’s lifestyle-led approach. These include a concierge, indoor lap pool set among greenery, spa, sauna, &nbsp;steam room and a fully equipped gym.

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Keenan Veraar, <a href="https://www.apartments.com.au/project-marketer/lj-hooker-project-marketing-act-0">LJ Hooker</a>, said Botanical Turner has exceeded expectations in terms of demand.&nbsp;

“Botanical Turner has attracted strong early interest and I believe that is because of three key factors; its beautiful build form, the generous apartment sizes, and buyers know they are purchasing into a project backed by one of Canberra’s most respected development partnerships,"&nbsp;Veraar said.

"Amalgamated and Base have delivered time and again, and that consistency gives people confidence. SJB Architects has created outstanding projects interstate using similar &nbsp;tones and materials, all of which have been incredibly well received. That pedigree reassures &nbsp;our buyers that Botanical will set a new benchmark for Canberra.”&nbsp;

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Dennis Milin, Principal of Base Developments and Milin Builders, said construction progress is advancing on schedule.&nbsp;

“Off-site works and site servicing are nearing completion, with excavation and preparation for &nbsp;piling equipment in progress to allow for the commencement of basement earthworks," Milin says.

"With decades of delivery experience and a longstanding partnership with Amalgamated, we’re &nbsp;committed to bringing SJB’s vision for Botanical Turner to life. The project will be defined by the &nbsp;same uncompromising standards and attention to detail that underpin every one of our developments.”&nbsp;

Apartments at Botanical start from $600,000.

&nbsp;

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Construction commences at Botanical Turner as stage one reaches 50 per cent sold

Design-led property developer <a href="https://www.apartments.com.au/developers/orchard-piper">Orchard Piper</a> has achieved $125 million in sales prior to publicly launching its latest Toorak Village development, <a href="https://www.apartments.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a>, to market.

The milestone was reached with the sale of a four-bedroom, three-and-a-half bathroom apartment to a Toorak local for $13.75 million, achieving per square metre rates of $37,000.

Another notable recent transaction is the sale of a four-bedroom, three-and-a-half-bathroom residence to Toorak local Paul Rosen for $12.65 million in July representing a square meter rate of $43,174.&nbsp;

In May, the development made history with the record-breaking penthouse sale of more than $20 million, to Group CEO at Accent Group Limited Daniel Agostinelli and his wife Lynette.&nbsp;

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Orchard Piper Director Luke McKie said the record breaking achievement and sales success reflects the demand for thoughtfully designed, luxury residences and the unique lifestyle proposition of a serviced residential building that offers the scale of a home, but with added lifestyle benefits, high security and amenity.

“The early purchasers of this project are very familiar faces to Orchard Piper. Many of them are Toorak locals who have waited years for the right project to buy into. They understand how rare this offering is, and trust us to deliver them an outstanding property.”&nbsp;

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Developed in collaboration with joint venture partner NPACT (a partnership between James Packer’s family office and Todd Nisbet), One Toorak Place introduces a new model of hotel-style residential living to the suburb.&nbsp;

Located at 7-11A and 17-19 Carters Avenue, the development includes a collection of two-, three-, and four-bedroom residences and penthouses, boutique commercial suites, curated retail and an integrated hospitality precinct by acclaimed restaurateur Chris Lucas.

Delivered in his signature style, the precinct will be curated to reflect the spirit of the neighbourhood and the lifestyle of its residents. Lucas will also design a suite of bespoke services for residents of the building, including in-residence private dining, cellar concierge services and priority access to all Chris Lucas restaurants.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/kerry-hill-architects">KHA (Kerry Hill Architects)</a>, residents will enjoy access to hotel-style five-star services and amenities, including concierge, a 25-metre lap pool, full-service gym, sauna, steam room, and hot and cold therapies. Also included are a dedicated resident lounge, resident meeting room, a golf simulator, and practical facilities such as dog-wash and car-wash bays.&nbsp;

One Toorak Place is Toorak’s largest planning approval to date, occupying the 3,589 sqm former Mercedes-Benz Toorak site. With a total of 5,000 sqm of premium land under development across two projects in Toorak Village, Orchard Piper’s contribution to the precinct is set to surpass $550 million in value, reinforcing its long-term commitment to design-led renewal in the area.&nbsp;

Construction on One Toorak Place is expected to commence towards the end of 2025.&nbsp;

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The development is now over 30 per cent sold by value in under three months, with significant sales including a record-breaking $20 million penthouse, and two four-bedroom apartments for $13.75 million and $12.65 million. 

Orchard Piper achieves $125 million in pre-launch sales at Packer-backed Toorak Village development

The first large-scale residential community built on the Gold Coast’s <a href="https://www.apartments.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a> in more than 30 years is nearing sell-out, with limited villas now available in the exclusive island enclave.

Developed by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> and built by <a href="https://www.apartments.com.au/builders/greyburn">Greyburn</a>, Capri Villas brings 48 architect-designed homes to one of the Gold Coast’s most sought-after addresses. The gated community combines privacy, security and premium design in a central location.

Michael Kollosche, Managing Director of <a href="https://www.apartments.com.au/project-marketer/kollosche-new-projects">Kollosche</a>, said security and lifestyle are front of mind for today’s buyers.

“Capri Villas offers the comfort of a home, the convenience of a central location, and the confidence that comes with a gated community.”

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With only a handful of villas remaining, the sales momentum reflects both strong buyer demand for <a href="https://www.apartments.com.au/buildings/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri Villas</a> and a broader shortage of new, move-in-ready boutique homes on the Gold Coast.

The villas span two levels, each with three bedrooms, generous living areas and high-end finishes such as marble kitchens with Gaggenau appliances. Solid concrete construction underpins the design, while landscaped courtyards extend living spaces outdoors. Practical inclusions like secure garaging, ducted climate control and ample storage enhance everyday comfort.

Residents also have access to resort-style facilities within the gated grounds, including a swimming pool with cabanas and day beds, landscaped outdoor entertaining areas with barbecues, and a residents’ lounge.

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“Opportunities like this don’t come up often,” Kollosche added.

“Capri Villas combines security, design and location in a way that is rare on the Gold Coast and the level of interest we’re seeing reflects that.”

Isle of Capri is an island community tucked in behind Surfers Paradise, offering residents a quieter lifestyle while remaining close to the action. Linked to the beachfront by bridge, the suburb is favoured for its walkability, with Capri on Via Roma (including Harris Farm Markets) providing dining, cafes and essentials just 800 metres away. Beaches, restaurants and entertainment are close at hand, while transport connections add to the suburb’s appeal.

Capri Villas are located at 81 Salerno Street, Isle of Capri. Two-level, three-bedroom villas are priced from $2.4 million.

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Capri Villas approach sell-out following recent completion

Richmond

Embark on an exclusive journey through Richmond's vibrant landscape with Stefano Paciocco from PACASA, as he unveils the captivating story behind the iconic Park House development. Nestled atop Richmond Hill, Park House emerges as a beacon of luxury living, meticulously crafted to exceed the expectations of the discerning buyer.

&lt;p&gt;&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/YlbPDCBxCWU?si=T0hyFneobTrwt5Ji" title="YouTube video player" width="660"&gt;&lt;/iframe&gt;&lt;/p&gt;

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Richmond, often hailed as the quintessential link between North and South, beckons with its rich tapestry of culture and connectivity. Against this dynamic backdrop, PACASA identified a unique opportunity to redefine luxury living in the heart of Richmond. Park House, a culmination of vision and innovation, embodies the essence of contemporary elegance fused with timeless allure.

Discover the allure of , where every detail is thoughtfully curated to evoke a sense of urban sophistication. From its coveted location overlooking a picturesque pocket park to its unrivalled city views, Park House promises a lifestyle of unparalleled indulgence.

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Join Stefano Paciocco as he delves into the intricacies of Park House's design philosophy, where luxury meets functionality. Witness the evolution of buyer preferences as Stefano sheds light on the bespoke customization options embraced by Park House residents. From expansive living spaces to meticulously crafted interiors, Park House redefines the art of modern living.

Gain invaluable insights into PACASA's collaborative approach, where esteemed architects such as Cera Stribley and Freadman White converge to shape architectural masterpieces that transcend convention. Explore the symbiotic relationship between developer, architect, and builder as Stefano unveils the future of urban renewal.

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Experience the epitome of luxury living with Park House by PACASA. Elevate your lifestyle amidst Richmond's vibrant tapestry of culture and connectivity. Discover a sanctuary where luxury knows no bounds, and every moment is an expression of refined elegance. Welcome to Park House, where luxury meets legacy.

Unlock the door to your dream home today. Experience Park House by PACASA and redefine your notion of urban living.

Key Highlights:

<ul>
	<li>Unveiling Park House: A Journey of Luxury Living in Richmond</li>
	<li>Insights from Stefano Paciocco: The Visionary Behind Park House</li>
	<li>The Evolution of Urban Living: Customization and Design Trends</li>
	<li>Collaborative Excellence: Architectural Marvels by Cera Stribley and Freadman White</li>
	<li>Embrace Luxury Living: Park House by PACASA Awaits</li>
</ul>

Experience the epitome of luxury living with Park House by PACASA. Elevate your lifestyle amidst Richmond's vibrant tapestry of culture and connectivity. Discover a sanctuary where luxury knows no bounds, and every moment is an expression of refined elegance. Welcome to Park House, where luxury meets legacy.

[smartcode_project_cta:default project_id=110363]

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Discover the luxurious Park House by PACASA, as Stefano Paciocco shares insights into this prestigious Richmond development. Learn how PACASA collaborates with renowned architects like Cera Stribley and Freadman White to craft bespoke residences. Experience urban renewal at its finest with PACASA's commitment to excellence.

Michael Bird

Park House by PACASA: How Stefano Paciocco of PACASA is Redefining Richmond's Urban Landscape

Boutique Melbourne apartment developer PACASA, in collaboration with Cera Stribley Architects, has had quick-fire success at it's recently launched Richmond project, Park House.

There's only 14 apartments and townhouses to choose from in the five-level Church Street building, which sits in a unique pocket at the base of Richmond Hill.&nbsp;Every building to the west of Park House is single-level heritage, so the views back to the city can't be built out.

PACASA Director Stefano Paciocco said that whilst Richmond locals have flocked to the development, it’s also generating significant interest from Melbourne’s upmarket eastern suburbs.

“We’ve had a lot of enquiry from downsizers who live in the likes of Malvern, Glen Iris, Hawthorn, Kew, but the &nbsp;Richmond locals have loved it most.

"They love the area and know what it's about, but they've not really had anything suitable to buy into before Park House."

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Paciocco says buyers have responded to both the project and the location.

"There's higher density to the northern end of Church Street, but we've found a niche on Richmond Hill where buyers know new projects are a rarity."

While Paciocco admits being in the Richmond Hill area comes with its planning challenges, the uniqueness of the product is driving their sales rates to $18,000 per sqm, a figure not often, if ever, seen in Richmond before.

The two-bedroom apartments in Park House are priced at $1.2 million and have nearly 100 sqm of living area. The three-bedroom apartments are priced from $1.65 million. The crowning jewel is the four-bedroom, 396 sqm penthouse. There's also three-bedroom apartments with their own private rooftop terraces with optional spa upgrade.

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The development will be anchored by two commercial spaces, which are likely to home an upmarket hospitality venue or a showroom.

Prominent Melbourne architect Cera Stribley has designed the building, with the brief from PACASA to pay homage to the timeless grandeur of Richmond's Victorian-era architecture, while blending heritage with contemporary living.

"Richmond is known for its Victorian era terrace houses, with rows of narrow sites infilled with brick cottages the common vernacular," the architecture firm said.

"At a streetscape level, these narrow lots have created strong repetition that becomes punctuated with subtle details from the period, such as iron lattice work and arched windows.

"The façade of Park House seeks to borrow from this language, referencing the narrow lots of the area in a façade based around finely gridded proportions. This association is further strengthened using brick as the primary material, complimented with metal details.

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"The Richmond palette is one of brick and urban gardens, with every open space heavily used by the community. The tinted concrete façade seeks to blend into the architecture already in place across Richmond, with planter boxes across the podium offering another layer of character to each apartment and bringing landscape into the otherwise commercial streetscape of bridge road."

PACASA are hoping to start construction on Park House, which is targeting a 7.5 star NatHERS energy rating, later this year.

They already have their sights set on their next project, a similarly boutique block in Collingwood.&nbsp;

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PACASA Director Stefano Paciocco said, while they've had significant interest from Melbourne's eastern suburbs, it's been Richmond locals who have dominated the purchases so far

Locals drive sales at PACASA's recently launched Richmond apartment development, Park House

Construction is set to begin soon on MATTONE, a townhouse development in Richmond by developer CADRE that promises to redefine sustainable living.

CADRE are committing to a fossil fuel-free lifestyle at MATTONE, with each townhouse set to be completely free of gas, ensuring a clean and sustainable living environment.

The exclusive collection of just 10 townhouses at MATTONE have been designed by renowned architects MAArchitects, known for their innovative and aesthetically-pleasing designs.

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Energy efficiency is a top priority, with an impressive 7.9-star energy rating. The homes are nearly 100 per cent more energy-efficient than conventional constructions. Such energy performance translates into tangible savings, with residents projected to enjoy up to a 45 per cent reduction in their energy bills, benefitting not only the homeowners' but also the environment.&nbsp;

CADRE's commitment to sustainability extends beyond the individual homes. By implementing thermally broken windows and reducing heat transfer, MATTONE will reduce household CO2 emissions by up to 30 tonnes annually. This is equivalent to planting 1,500 trees each year, making a significant positive impact on the environment.

Furthermore, the reduced energy costs for heating and cooling in these homes are 500 per cent less than in an equivalent Victorian Terrace.

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MATTONE embraces the power of solar energy, equipping each townhouse with individual solar panels. The panels not only reduce reliance on traditional energy sources but also enable residents to take advantage of renewable energy. The development also includes provisions for electric vehicle charging, aligning with the growing trend toward sustainable transportation.

To further reassure homeowners, CADRE is also offering a generous 10-year building warranty.

Aside from their eco-friendly features, MATTONE features up to three-metre high ceilings and Miele electric appliances in the stone kitchen.

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The open plan floorplans boast natural light in abundance, thanks to full-height external windows and doors, with the thermally broken, double glazed windows reducing heat transfer during both summer and winter.

The development is situated in the heart of Richmond, offering easy access to public transport links and a short stroll to Melbourne's finest cafes, restaurants, and bars. Residents will enjoy the vibrant city lifestyle while also relishing the tranquility of their private outdoor areas, ideal for entertaining or simply unwinding.

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The exclusive collection of just 10 townhouses at MATTONE have been designed by renowned architects MAArchitects, known for their innovative and aesthetically-pleasing designs

alisonwarters@gmail.com

MATTONE by CADRE to redefine sustainable townhouse living in Richmond

Gramercy Terraces may be centrally located in the eastern pocket of Richmond, but Developer Lendlease have drawn its inspiration from New York to create the residential development.&nbsp;

Not just a name, but a word synonymous with music greats and a grand Manhattan hotel with an inspiring rooftop terrace vibe, Gramercy is also the name of an independent record label, as well as New York’s Gramercy Park Hotel, which has played host to music legends from Bob Dylan to Bob Marley and features a notable rooftop terrace perfect for inspiring alfresco entertaining.&nbsp;

“With the rich on-site musical history of our own Gramercy Terraces, the nod to music legends, alfresco entertaining and grand luxury was the perfect composition,” the group say.&nbsp;

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Gramercy Terraces will deliver a collection of just 31 three and four-level, individually titled three and four-bedroom townhouses.

The development presents the final opportunity to own a rare freehold property within the heritage precinct on Bendigo Street, which was home to the former ‘Studio Nine’ as well as once being the site of the Wertheim Piano Factory.&nbsp;

Gramercy Terraces offer a sanctuary within the inner-city, with light filled stairwells that cascade natural light and spacious individual rooftop terraces with city views.

Construction on stage one of the project is progressing well, says Lendlease, with Balmain &amp; CO continuing to impress with their attention to detail.&nbsp;

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The final release of three-bedroom residences are currently selling, spanning from 222 sqm, with each buyer given a complimentary Interior Decoration Service by Coco Republic and a 15 per cent discount across their furniture and homewares range.

Future residents will benefit from amenities on their doorstep, sitting within close proximity to restaurants, cafes and boutiques on Swan Street and easy connection to the rest of the city from Burnley Station.

The precinct will also target a 6-star Green Star Communities rating from the Green Building Council of Australia, representing a world standard in sustainable design.

Gramercy Terraces will be joined in the precinct by Ardency Kennedy Place, Lendlease’s five-star luxury retirement living community, a new onsite café and provedore and the existing Richmond Community Learning Centre.

[smartcode_project_cta:default project_id=95458]

Gramercy Terraces draws inspiration from New York rooftop terraces for its design

The inner-city development, Gramercy Terraces has hit 50 per cent sold.&nbsp;

The terraces are part of the boutique offering for Lendlease Retirement Living, forming part of the broader intergenerational living precinct in Melbourne’s inner-city, on the well-known Bendigo and Khartoum streets in Richmond.

[smartcode_project:default project_id=95458 project_image_fid=201245]

Upon completion the project will comprise 31 three and four level, three and four-bedroom freehold terrace homes, complete with full voids that maximise natural light, some with backyards and rooftop terraces with city views.

A lot of the new homes were snapped up before construction even began, however a number of three-bed terraces are still available in the development.&nbsp;

The development has attracted a strong mix of owner-occupiers and downsizers seeking the dynamic inner-urban lifestyle that Gramercy Terraces offers.

Lendlease said they had also seen an uptake in stock from young families, with many drawn to the convenience and locality of Gramercy Terraces.&nbsp;&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=201244]

“Purposefully designed with families, couples, downsizers and investors in mind, we have seen a strong demand for this product to date with only 15 terraces now remaining,” a Lendlease spokesperson said.

Gramercy Terrace adds the residential component of Lendlease’s intergenerational living precinct, which neighbours Ardency Kennedy Place - Lendlease’s five-star luxury retirement living community currently under construction.

A new onsite café and provedore and the existing Richmond Community Learning Centre will also sit alongside Gramercy Terraces in the precinct, with future residents benefitting from amenities on their doorstep.&nbsp;

Residents will be within close proximity to a number of trendy restaurants, cafes and boutiques which take up shop along the bustling Swan Street, while also maintaining easy connection to the rest of the city from Burnley Station.&nbsp;

The architectural design draws inspiration from the iconic Federation-era red brick of Bendigo Street and pays homage to the former site of the Nine Network studio and the Wertheim Piano factory, Victoria's first piano factory.

[smartcode_project:default project_id=95458 project_image_fid=201249]

Construction of the final residences began in the first half of this year, with future residents expecting to move in by late 2023.&nbsp;

The residences are priced from $1.85 million, with floor plans ranging from 193 sqm to 215 sqm, with individual balconies and generously-sized rooftop terraces.&nbsp;

Prospective buyers can even check out the Gramercy Terraces display which is open by appointment seven days a week.

[smartcode_project_cta:default project_id=95458]

A lot of the new homes were snapped up before construction even began, however a number of three-bed terraces are still available in the development. 

Gramercy Terraces hits 50 percent sold in the leafy east pocket of Richmond

The bustling inner Melbourne suburb of Richmond is set for a boutique $2.4 million apartment project.

A local development firm has&nbsp;submitted plans to the Yarra City Council&nbsp;for&nbsp;a seven-storey residential building homing&nbsp;just nine apartments.

Designed by Katsifolis Architects, the residences will comprise one studio apartment, six two-bed and two three-bedroom apartments, each with private generously-sized balconies.

&quot;The surrounding Richmond area is currently undergoing a transition from traditionally commercial and industrial land use to a mixed-use urban fabric, with the proposal seeking to fit in with the future urban context, while still maintaining a form that bodes with the current landscape,&quot;&nbsp;Katsifolis noted in their submission.

<img alt="" height="544" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_11.22.18_pm.png" width="1130" />

The light court extending up the eastern side of the building provides cross flow ventilation, sunlight and a private open space for the ground floor apartment, integrating reflective mirrors on the rooftop level to provide additional sunlight to the lower levels, which is a common architectural feature seen across European countries, in higher density urban environments.

The proposal includes a landscaped communal rooftop, adding further residential amenity, split in to two sections.

The northern section encompasses 51 sqm of space and is designated for the use of residents in apartments one through seven. The southern section of the rooftop spans 29 sqm and is exclusively for the residents of apartments eight and nine.

Each terrace is provided with a communal barbecue area, sheltered by a cantilevered roof form, with planter boxes for residents&rsquo; food production, all surrounded by architectural landscaping

The Environmentally Sustainable Design report by SBE Melbourne says the&nbsp;project is a well-conceived example of sustainable inner urban development.&quot;

<img alt="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_11.21.56_pm.png" width="624" />

The town planning report by Human Habitat said the proposal considers a residential apartment building of high architectural quality, a high level of internal amenity, and has limited potential for adverse amenity impacts to surrounding properties.

&quot;The proposal seeks to provide higher densities of housing in appropriate location and offer a mix of dwelling sizes and types,&quot; it noted.

&quot;The contemporary architectural-style complements the surrounding area and will provide a benchmark for future development in York Street and the surrounds.

&quot;The building includes innovative implementation of international design techniques such as the use of angled mirrors to provide grater sunlight access to lower levels.&quot;

First look: Richmond set for new boutique apartment development

The national development giant, Lendlease, has released the final stage of Gramercy Terraces, the in demand Richmond project located on&nbsp;the historic site of the former Studio Nine&nbsp;precinct.

Gramercy Terraces, designed by Bates Smart, comprises just 31 three and four-level, individually titled three-bedroom residences, each with dedicated car spaces.

Inspired by the precinct&rsquo;s rich heritage, Gramercy Terraces offer a sanctuary within the inner city with light filled atriums that cascade natural light and spacious individual rooftop terraces with city views.

[smartcode_project:default project_id=95458 project_image_fid=169944]

With only 15 residences remaining, the second and final stage of Gramercy Terraces will complete the residential component of Lendlease&rsquo;s broader intergenerational living precinct in Melbourne&rsquo;s inner-city.

&ldquo;Gramercy Terraces are the residential component of our intergenerational living precinct in Richmond and allow residents to embrace the vibrancy and pace of an urban lifestyle while promoting diversity and connection across generations within the local community,&rdquo; a Lendlease&rsquo;s spokesperson said.

&ldquo;Purposefully designed with families, couples, down sizers and investors in mind, we have seen a strong demand for this product to date with only 15 terraces now remaining.&quot;

[smartcode_project:default project_id=95458 project_image_fid=194808]

The architectural design of Gramercy Terraces draws inspiration from the iconic Federation-era red brick of Bendigo Street and pays homage to the former site of the Nine Network studio and the Wertheim Piano factory, Victoria&#39;s first piano factory.

Construction of the final residences will start in the first half of this year and future residents can expect to move in following completion in late 2023.

Gramercy Terraces will be joined in the precinct by Ardency Kennedy Place, Lendlease&rsquo;s five-star luxury retirement living community, a new onsite caf&eacute; and provedore and the existing Richmond Community Learning Centre.

[smartcode_project:default project_id=95458 project_image_fid=169940]

Future residents will benefit from amenities on their doorstop and close proximity to restaurants, cafes and boutiques on Swan Street and easy connection to the rest of the city from Burnley Station. The precinct will target a 6 Star Green Star Communities rating from the Green Building Council of Australia, representing a world standard in sustainable design.

Gramercy Terraces are priced from $1.85 million, and residences range from 193 sqm to 215 sqm with individual balconies and spacious rooftop terraces.

[smartcode_project_cta: project_id=95458]

Developed by Lendlease, Gramercy Terraces comprises 31 three and four level individually titled three-bedroom residences with dedicated car spaces.

Lendlease release Gramercy Terraces, Richmond, final stage

Lendlease Retirement Living has marked the launch of Gramercy Terraces in Richmond with a sod-turn and smoking ceremony.

Gramercy Terraces are part of a new boutique offering for Lendlease Retirement Living and will form part of the broader intergenerational living precinct in Melbourne&rsquo;s inner-city, on the well-known Bendigo and Khartoum streets in Richmond.

Developed by Lendlease and built by Balmain &amp; Co, Gramercy Terraces comprise 31 three-level, three-to-four-bedroom freehold terrace homes, complete with full voids that maximise&nbsp;natural light, along with backyards and rooftop terraces with city views.

[smartcode_project:default project_id=95458 project_image_fid=169945]

Nathan Cockerill, Managing Director of Retirement Living at Lendlease, said Gramercy Terraces represent&nbsp;a new product offering for Lendlease Retirement Living.

&quot;They add the residential component of our intergenerational living precinct in Richmond and will neighbour Ardency Kennedy Place, our luxury, independent retirement living community currently under construction, and a future aged care site is also planned to offer a continuum of care for residents as their needs increase,&quot; Cockerill said.

&ldquo;Purposefully designed with families, downsizers and investors in mind, the new offer is proving popular with the first stage nearly sold out and the final stage set to launch early next year.&rdquo;

[smartcode_project:default project_id=95458 project_image_fid=169944]

The new homes form the residential component of the precinct and will neighbour Ardency Kennedy Place, Lendlease&rsquo;s five-star luxury retirement living community currently under construction.

The Bates Smart architectural design draws inspiration from the iconic Federation-era red brick of Bendigo Street and pays homage to the former site of the Nine Network studio and the Wertheim Piano factory, Victoria&#39;s first piano factory.

[smartcode_project:default project_id=95458 project_image_fid=169939]

The precinct will target a 6 Star Green Star Communities rating from the Green Building Council of Australia, representing a world standard in sustainable design.

Gramercy Terraces&rsquo; urban location boasts walkability and transit scores stemming from its prime location within walking distance to the Yarra River and the tram and train services of Swan Street and Bridge Road.

[smartcode_project_cta: project_id=95458]

Nathan Cockerill, Managing Director of Retirement Living at Lendlease, said Gramercy Terraces represent a new product offering for Lendlease Retirement Living

Lendlease to begin building Gramercy Terraces, on the former Richmond site of the Nine Network studio

Time Out&#39;s annual list of the 49 coolest neighbourhoods in the world, ranks the Melbourne suburb of Richmond as tenth on the list.&nbsp;

Richmond is the best-performing Australian suburb on the list, beating out Sydney&#39;s Surry Hills at 19.&nbsp;

The rankings were based on the Time Out Index survey, which this year polled 27,000 city-dwellers on what they loved and loathed about where they live.&nbsp;

Time Out&#39;s panel of experts then ranked the suburbs, noting key aspects including food, drink, nightlife and suburban culture.

&quot;Judges paid particular attention to how communities have been looking after each other, as well as their green credentials as we tackle the climate crisis that affect us all,&quot; said Time Out editorial director Cassidy Knowlton.

[smartcode_project:default project_id=95458 project_image_fid=169948]

&quot;Richmond is a close-knit community,&quot; she noted.

Recent apartment offerings include the boutique Richmond townhouse project, Gramercy Terraces at the site of the former Nine Network studio in Bendigo Street, Richmond.&nbsp;

Lendlease released three and four bedroom freehold townhouse, designed by architects Bates Smart priced from $1.85 million in April.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=169944]

The Degroup Property Development founded by Colin DeLutis in 1973, saw its Sprout Richmond development sell out earlier this year. It was 15 townhouses set to achieve a 6.7star NatHERS rating, translating to a reduced carbon footprint and cost savings on energy bills at 62 Glass Street.

[smartcode_project:default project_id=8040 project_image_fid=26415]

Apartments remain for sale at TWO51 on Swan, with a grand lobby rich with gold detailing and art deco opulence, set back off Richmond&#39;s bustling Swan Street.&nbsp;

The Blueprint Projects development has been architecturally designed by Watson Young Architects, with a collection of 28 two, three and four bedroom residences.

[smartcode_project:default project_id=3298 project_image_fid=30548]

Another project, with a 2022 completion date, and with prices from $1.35 million, is the Shelley St development which will feature nine townhouses with two and three bedrooms across three floors.

Private and spacious rooftop courtyards and street facing garden entrances create a special sense of home with a dedication to greenery and tranquil outdoor spaces at the project designed by DKO Architecture and SLAB.

[smartcode_project:default project_id=13629 project_image_fid=49377]

Time Out has ranked Richmond 10th on its annual list of the coolest neighbourhoods in the world

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Current buying opportunities in Richmond, Time Out's 10th coolest neighbourhood

A Melbourne investor has paid $8.3 million for a 685 sqm site in Richmond.

Selling agent George Takis said the property had attracted a strong field of suitors, including developers, investors and owner-occupiers, based on the location and the significant development potential.

The Commercial 1 zoned 703 square metre site has frontages of 20 metres to Bridge Road and 33 metres to Gleadell Street.

A proposed subdivision had been prepared but not lodged with the local council while a preliminary scheme for a 14 level apartment building had been provided by Rbi Architects.

[smartcode_project:default project_id=95458 project_image_fid=169942]

But an investor &nbsp;with the intention to occupy the premises at the conclusion of the current leases secured the offering paying what is believed to be a record low passing yield of just 1.22 per cent.

According to Teska Carson agents George Takis and Larry Takis, the property sold on a massive land rate of $11,806 a square metre.

The property comprises a two storey, 685 square metre, retail building which has been refurbished and internally subdivided to provide two self-contained tenancies which are occupied on a five year lease from October 2018 by Australia Post and on a monthly lease basis to NAB for a combined annual return of circa $285,000.&nbsp;

A Melbourne investor has paid $8.3 million for the Bridge Road site

Richmond

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