Work has&nbsp; commenced on a 136-hectare masterplannned community in the heart of the regional city, Busselton.&nbsp;

Positioned at the gateway to the Western Australian food and wine mecca of the Margaret River, the new community, Embark, is located in one of the fastest growing regions in the southern half of the state, which Yolk Property Group and Banner Asset Management are set to capitalise on.&nbsp;

Banner Asset Management Chief Investment Officer, John Byrne, said the project is the company’s first in Western Australia, marked as a strategic investment which diversifies its product portfolio and expands its national footprint.

“In addition to the asset’s outstanding location and residential zoning, we were drawn to the region’s rapidly growing population which is being stimulated by a broadening employment base and coastal lifestyle attractions,” he said.

<img alt="Render of Embark" data-entity-type="file" data-entity-uuid="01ab509d-034e-4f5f-be25-42da50fc7fcd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Embark%20Busselton_Hero_View_High%20res_REV2%206k.jpg?VersionId=1L.trI5CTtKN49ZT774HShcHlCSBnJsH" />Render of the masterplanned community, Embark. Image supplied.&nbsp;

“Busselton has benefitted from significant private and civic infrastructure investment over the past few years making this an attractive long-term opportunity.”

956 new housing lots will be created across the site, which is bounded by the Vasse Highway, Bussell Highway and Outer Bussell Highway.&nbsp;

Plans are also already underway to open a pop-up café on site at Embark in the new year, and Yolk is working with the City of Busselton to fast-track an adventure playground and display village.&nbsp;

Tao Bourton, CEO of Yolk Property Group, said the company was pleased to see earthworks for the project get underway.&nbsp;

“We’re looking forward to bringing to Busselton our fresh-thinking approach to community, housing design and liveable neighbourhoods,” said Bourton, who has family ties to Busselton.&nbsp;

“The scale of the development at Embark will enable significant investment in community infrastructure, while the new design and landscaping concept will complement the natural landscape and adjoining residential community.”&nbsp;

In line with Yolk Property Group’s commitment to innovation, the focus at Embark Busselton will be on bigger blocks, with the average parcel of land spanning 650 sqm, in addition to more trees and natural vegetation, along with a host of features designed with the community and their lifestyle in mind.&nbsp;

<img alt="Render of Embark" data-entity-type="file" data-entity-uuid="03e45997-1867-452b-86bb-a1b82e132bc7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Embark%20Busselton_Streetscape_View_01_01_High%20res%206k.jpg?VersionId=jVvWidwLgqWnr.MAgoVO4uLICanDjTfr" />Render of the masterplanned community, Embark. Image supplied.&nbsp;

As the largest masterplanned community in Busselton, Embark will deliver a range of housing choices, including retirement living, along with a new town centre as well.&nbsp;

Mayor Grant Henley, who recently turned the first sod at the project site said Embark had an important role to play as the City of Busselton continued to evolve and grow in the coming years.

“Embark will help meet escalating demand for new housing as our population heads towards 50,000 people by 2026,” Henley said.

“Investment in infrastructure, attractions and our beloved foreshore have reaffirmed Busselton’s popularity as a thriving destination for visitors and thousands of new locals alike.”

Yolk is inviting expressions of interest in the first lots at Embark, due for release in February 2023.

alisonwarters@gmail.com

Yolk Property Group and Banner Asset Management to deliver Busselton’s largest master planned community

Construction has officially wrapped up on the boutique Brunswick project, The Finery.

The Lygon Street project, co-funded by Banner Asset Management, was constructed by award-winning builder Lurada Property Group.

<img alt="Render inside one of The Finery apartments" data-entity-type="file" data-entity-uuid="231316ce-3a31-485e-b61d-88dff4a87dc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/SHO2349_267_LygonSt_Cam_Int_Apt_Living_Marble.jpg?VersionId=4CnFBqOUi4xsZbyvsYJuRd7DqZloIPKN" />

Comprising 30 apartments and six retail units over a five-level building, a majority of the apartments are pre-sold, with prices starting from $587,000.&nbsp;

Designed by Shouman Architects, the exterior of the building is made up of bold compositional parts mixed with cascading and climbing vegetation, blending seamlessly with the industrial character of the area.&nbsp;

The generous two and three-bedroom apartments have been meticulously composed to encourage a balance between ‘live, work and play’, with a rich pallet of concrete, timber, stone, and glass used throughout.&nbsp;

<img alt="Render of The Finery rooftop space" data-entity-type="file" data-entity-uuid="36313e26-7ef0-4e71-ab37-5152de9c8f8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/SHO2349_267_LygonSt_EXT_Rooftop-e1519594680225.jpg?VersionId=tPe4cV5Z0y.mHV66Y4xfVFbUrQfhFdvj" />

The development features a large communal rooftop, social breakout spaces and a hotel style lobby designed to encourage connection between residents.&nbsp;

Located in the heart of Brunswick East, The Finery is situated in a vibrant, bustling, and dynamic suburb with a strong community spirit.&nbsp;

Positioned on the western side of Lygon Street, residents will be just minutes from leafy parklands, public transport, local shops, and schools.&nbsp;

Nicholas Lakin, Chief Lending Officer at Banner Asset Management, said that with demand for premium inner-city residences on the rise in Melbourne, The Finery will deliver a project that not only meets this need but stays true to the character of the area.&nbsp;

<img alt="Render looking out from an apartment balcony at The Finery" data-entity-type="file" data-entity-uuid="c4761641-3c38-45ae-9e43-d7def2324036" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/web_SHO2349_267_LygonSt_EXT_Balcony_003%20%281%29.jpg?VersionId=lzNChUSoitPgvc5CdGCJjAQx41HEcj6s" />

“The Finery has been designed to fit seamlessly into the local neighbourhood, providing residents with access to some of the city’s best food, entertainment, shopping, and cultural offerings.”&nbsp;

[smartcode_project_cta:default project_id=7439]

The Lygon Street project, co-funded by Banner Asset Management, was constructed by award-winning builder Lurada Property Group.

Banner Asset Management

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