Elenberg Fraser-designed Docklands development to host first Peppers hotel
The latest mixed-use development to hit Docklands - and possibly one of the last - is the 18-storey $100 million M Docklands designed by award-winning architects Elenberg Fraser.
Located at 677 La Trobe Street, M Docklands will feature 186 apartments, two floors of hotel accommodation and ground floor retail space.
Developed by Capital Alliance Investment Group, some 30% of apartments have sold pre-launch to a mix of investors and owner-occupiers.
Two penthouses have already been snapped up, with two top-floor penthouses still on offer from $1.65 million.
Buyers will be able to design their penthouse from scratch, with the developer footing all the design and consultation costs with Elenberg Fraser.
The four penthouses will have access to an exclusive rooftop terrace on level 19.
One-bedroom apartments range in size from 42 square metres to 52 squares and start from $355,000.
Two-bedroom apartments range in size from 62 square metres to 74 square metres and are priced from $490,000.
Residents will have access to resort style facilities in the Lacrosse development next door, including a pool and gym accessed via and undercover walkway.
Levels two to four of the development will include a 68-room apartment hotel known as Peppers Docklands Melbourne.
Mantra Group is to manage the five star hotel, choosing to operate under the group’s luxury Peppers brand.
“We are very particular about using the Peppers brand on the right property, and this development presents us with an excellent opportunity to secure a presence of appropriate scale and quality for Peppers in a prominent location and we are confident it will be embraced by both locals and visitors to Melbourne,” says Mantra Group chief executive officer Bob East.
The hotel will be part of stage two of the development and will be the first Peppers property in the Melbourne CBD but will accompany four properties in regional Victoria.
Mantra Group will manage an onsite restaurant, pool and gym, with residents of M Docklands having some access to the hotel’s facilities.
Construction on M Docklands is scheduled to commence in June 2014 and has an expected completion date of mid 2016.