Property developer FourSQ are opening the doors of their warehouse inspired display suite for luxury townhouse development, No. 108, located at 108 Leicester Street, Fitzroy, following an unprecedented sales campaign which has seen seven of the eight residences sold in five weeks.
The development, which has broken price barriers with townhouses priced from $1.6-2.3 million, has previously been accessible strictly by appointment only, but this Saturday the public are invited to take a glimpse into the luxury vertical penthouses.
Daniel Cashen, Director of Residential at Knight Frank says he is not surprised by the level of interest in the project to date.
Fitzroy consistently achieves high prices for its housing stock, which gave us confidence that there was latent demand for our product. Buyers have been drawn to the superior design and finishes, as well as the high ceilings and obviously the location. They have also embraced the ‘vertical penthouse’ style of living, with baby boomers responding positively to the private lifts.Daniel Cashen, Director of Residential, Knight Frank
On display in this warehouse shell, will be a full-scale example of the spacious living area, furnished by exclusive furniture retailer, Hub, as well as the Italian-made and designed Dada kitchen with a stone island bench and stainless steel bench top.
Visitors will have the opportunity to get a sense of the full floor bedrooms with walk-in-wardrobes complete with dressing tables, customisable Italian made Molteni joinery, ensuites featuring solid surface double vanities, built-in bath and the large walk-in shower.
A key feature of the 4 and 5 level townhouses, No. 108’s private roof terraces with Tait Tilt Outdoor Kitchen and a premium Electrolux barbecue, have also been fully mocked up to give potential purchasers a taste of what life would look like in these striking vertical homes.
The first collaboration between FourSQ and BKK Architects, No. 108 residences have a 6.6-star average energy rating and offer expansive, flexible floorplans of 152-232 square metres. They each feature private lifts and soaring 3 metre ceilings along with the private roof terraces, which boast spectacular city and mountain range views.
The design of the project acknowledges the classic housing genres of its Fitzroy neighbourhood. Along Young Street the design is a contemporary reworking of traditional Victorian terraces while on Leicester Street it’s a reimagining of archetypal warehouse conversions.
For buyers aspiring to secure their own FourSQ/BKK townhouse but with a smaller budget, FourSQ will be launching a new development in collaboration with the award-winning architect in Flemington early next year, with residences under $1 million.