Fender Katsalidis-designed St Kilda Road trophy apartments to offer residents Paul Bangay-designed private park
Melbourne’s first inner-city residential development situated within resident only parklands is now underway with Malaysian-based developer SP Setia partnering with Fender Katsalidis Architects and prominent Australian garden designer, Paul Bangay.
Located on 557 St Kilda Road next to Wesley College, the project known as Parque is a 9,000 square metre site with a planned 332 apartments and 6,000 square metres of private parklands with exclusive access to residents.
Inspired by its Victorian-era setting, Bangay blended the contemporary design of the building with the heritage-protected park’s existing 19th Century features, incorporating the 150-year old elm trees and hedges into the development.
“Parque’s entire building has been designed to take advantage of the site’s outlook and proximity to the garden,” said SP Setia Melbourne CEO Choong Kai Wai. “We wanted to provide residents with a beautiful home amongst nature.”
The building will not be short on luxuries, with level eight providing a 25-metre infinity pool and private outdoor lounge to residents and level 11 featuring an outdoor BBQ area, massage room and onyx relaxation room.
At ground level the foyer will provide 24 hour concierge services as well as a personal laundry service and picnic baskets for use in the park.
The project is being marketed by Andrew Leoncelli from CBRE
Parque will have various open plan apartments available for purchase with a one bedroom apartment ranging from 45 square metres to 58 square metres available for $410,313 and a one bedroom apartments with study from 55 square metres to 65 square metres starting at $530,000.
Two bedroom apartments from 66 square metres to 80 square metres starts at $669,222, and three bedroom apartments from 108 square metres to 134 square metres starts at $1.3 million.
The 205 square metre penthouse can be purchased for $3.1 million.
The display suite will be open late August.
Construction is expected to commence in mid 2014 and is due for completion in mid-2016.
