Prices start at $1.9 million at Salta's latest Melbourne offering

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The developer behind one of Australia’s most expensive blocks, 150 Clarendon Street in EAST MELBOURNE, has launched its latest luxury project, Riverside Richmond.

Biggin Scott Richmond began marketing Salta’s latest development a few weeks ago through a “soft launch”, and agent James Weir says four have already been reserved.

“We do want to sell most of them by Christmas,” he says.

Riverside Richmond will comprise 17 four-bedroom terraces, all with their own titles and at least two car spaces.  They range in size from 190 square metres to 258 square metres internally and all include balconies and private courtyard gardens. Prices range between $1.19 million and $3 million.

“With only seventeen available we see this as truly a one-off opportunity to secure riverfront property in such close proximity to the CBD,” Weir says.

Weir says cashed-up owner-occupiers are the expected buyers for the luxury terraces,  particularly downsizers who have sold the family home in upper-end middle-ring suburbs and are looking to move into the inner suburbs for their conveniences but who like leafy, tranquil surrounds.

“The vibrancy of Richmond’s cafe and restaurant culture, all amenities and transport are right at your doorstep, yet you’d never know it surrounded by the magnificent river setting.”

Construction on the Buchan Group-designed terraces is set to begin in two or three months and is expected to be completed in March 2013.

Salta is set to develop 405 residential dwellings on the site between River Boulevard and the Yarra.

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