How apartments at 8 Garfield Street check all the boxes in the evolving Cheltenham

Jo Arbid, director at Captains Property, says Cheltenham has long been a great place to live, however it is now being considered as a great place to invest

How apartments at 8 Garfield Street check all the boxes in the evolving Cheltenham
8 Garfield Street, designed by Point Architects. Image supplied

Cheltenham in Melbourne's south-east, a stone's throw from the Bayside district, is benefitting from an infrastructure pipeline which has investors and owner occupiers interested in the area.

The talk of the town is the proposed metro loop, which would start in Cheltenham and stop at all stations en route to the airport and connect the area as far as Box Hill in Melbourne's east.

Jo Arbid, director at Captains Property, says Cheltenham has long been a great place to live because of its family-orientated amenities like great parks, schools, shopping and some of the best golf courses in Melbourne.

However, it is now being considered as a great place to invest in due to major infrastructure the government is spending on in the area.

And the decision by the property developer NewCity to create a more boutique residential project than the area is accustom to has paid dividends throughout COVID, with owner-occupiers now seeking more space in apartments.

The majority of new developments in Cheltenham have between 30 and 40 apartments.

But 8 Garfield Street, near Southland and Southland Station, has just 17 apartments across three levels. Designed by Point Architects, 8 Garfield Street is made up of one, two and three-bedroom apartments, with some of the two bedrooms with study rooms over 90 sqm internally.

"We have been selling all the way through COVID, mostly due to the quiet location on a no through road, spacious apartments and two mins walk to Southland”, Arbid says. There there are now only five apartments left in the development which is slated for completion in November.

Each apartment features a kitchen with stone benches and with Miele appliances. That meets the open plan living and dining area which opens either to a courtyard or alfresco terrace. Every apartment also has a storage cage and at least one car space.

The development has catered for all needs, even down to a ramp up the stairs for families with prams, the active residents with bikes or scooters and the elderly with wheelchairs or walkers.

About the developer

NewCity, with decades of experience in Melbourne and China, has a very experienced local development team led by its development director Sam Failla.

In their local pipeline they have 65 Clarke St, the $415 million mixed-use Southbank tower which will comprise over 350 apartments, a 5-star hotel and a co-working office space across its 67 levels.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and new developments across the country

Tags: 
Melbourne apartments Cheltenham

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