Five things we love about Bensons Property Group’s Chelsworth at Ivanhoe
Chelsworth is among developer Bensons Property Group’s latest developments to be delivered in Melbourne’s north-east.
Situated at 1031 Heidelberg Road in Ivanhoe, the project offers 50 apartments in two-bedroom configurations, set between parklands and Ivanhoe's best transport links to the CBD.
Urban has taken a deeper look at what Chelsworth can offer buyers.
1. Sought-after location
Situated in the premium Melbourne suburb Ivanhoe, Chelsworth overlooks leafy treetops and is surrounded by the convenient education, transport and leisure offerings.
The suburb is renowned for its abundance of private and public school offerings, vibrant café culture and the bustling Upper Heidelberg Road.
“Prestigious educational facilities and family friendly amenities have made Ivanhoe one of the most highly sought-after suburbs in Victoria”, Bensons advise.
2. Designed by local architects
Chelsworth showcases the best of modern architecture, presenting itself as a piece of public artwork and grand complement to the streetscape.
Designed by Melbourne-based architects, BG Architecture, the premium development features a combination of face brick and timber cladding finishes that provide a soft visual blend with the surroundings.
The firm, established by Donna Brzezinski and Adam Grundmann, is recognised for its design adaptability and expectation for high quality.
Past residential projects include Citiplan’s Richmond Place in Richmond and ITUM’s Hunter Apartments in Prahran.
3. Sophisticated living spaces
Each residence has been designed with a classic, neutral palette, full-height, glass sliding doors and functional floorplans.
“The apartments are practical in use and sophisticated in design, embracing an urban, stylish aesthetic,” Bensons say.
From their private terrace, homebuyers can soak up sunlight and enjoy views across leafy treetops to the Melbourne CBD.
The kitchens feature European appliances, stone benchtops and custom-designed joinery with a concealed fridge upgrade option.
4. Enviable amenity
Chelsworth is perfectly positioned to enjoy the essence of Ivanhoe living, with lush parklands and green open spaces within walking distance.
Some of Melbourne’s most picturesque parklands are nearby, such as Chelsworth Park, Ivanhoe Park and Wilson Reserve. There's also the walking or cycling routes; the Main Yarra Trail and Darebin Creek Trail.
Residents are also in close proximity to the Ivanhoe Public Golf Course, as well as the Ivanhoe Makers Market and Hatch Contemporary Arts Space.
5. Enter a strong market
According to SQM Research, Ivanhoe has a median unit price of $771,398, significantly higher than the metropolitan Melbourne median unit price of $563,910.
“Ivanhoe is home to many established families, while an abundance of amenities, as well as proximity to public transport and major arterials, makes it a popular choice for all ages”, Bensons state.
Two-bedroom units have weekly asking rents of $416, a 2.3 per cent per annum change over the last ten years, according to SQM Research.
The marketing materials claim the properties in the area boast an annual capital growth of six per cent.