Brookfield Multiplex to build Little Lonsdale Street’s Australis

Brookfield Multiplex to build Little Lonsdale Street’s Australis
Jennifer DukeDecember 7, 2020

Central Equity has appointed Brookfield Multiplex to construct Australis Melbourne Apartments on Little Lonsdale Street.

The Melbourne CBD development, at 601 Little Lonsdale Street, is a $135 million project from Central Equity.

The 46 level glass facade tower will include one, two and three bedroom apartments, as well as a number of penthouses in the Australis tower.

Residents will have access to an indoor heated swimming pool, a gym and a grand foyer with concierge.

Graham Cottam, regional managing director Victoria for Brookfield Multiplex, said that Central Equity has a relationship with Brookfield Multiplex.

"Central Equity is a market leader and pioneer in the Melbourne development arena and we are proud of our ongoing relationship," said Cottam.

In fact, they have completed 14 apartment buildings for the development company, with another three currently under construction, including Southbank Grand Apartments and Melbourne One Apartments.

These apartment developments include Southbank One Apartments, City Tempo Apartments, Mainpoint Apartments, Southbank Towers, Boulevarde Apartments, Sovereign Apartments, Melbourne Tower Apartments, Kings Park on Southbank and City Tower Apartments.

Australis is set to be a complex construction, located adjacent to Central Equity’s Melbourne One apartment tower construction site – which will be a 47 level tower.

Some apartments will include reverse cycle air conditioning and double glazing. Many will have parking available.

One bedroom apartments with a balcony and air conditioning start from $429,000. One bedroom plus study with a balcony and air conditioning are priced from $484,000.

Two bedroom apartments with one or two bathrooms are priced from $595,000.

Penthouses are available on the 45th floor, with three bedrooms and two car parks, priced from $1.65 million.

All the three bedroom apartments, including two bathrooms and a car park, are currently sold out. They were priced around the $880,000 mark.

Completion for Australis is expected for late 2016.

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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