The best apartment developments to take advantage of St Kilda Road's new Anzac Station

ANZAC Station, situated at the corner of St Kilda Road and Domain Road, is set to be a game changer for the St Kilda Rd precinct when it opens in 2025
The best apartment developments to take advantage of St Kilda Road's new Anzac Station
Joel Robinson January 11, 2024PROJECT ROUNDUP

Melbourne is undergoing massive infrastructure works as part of Victoria's $11 billion Metro Rail Project.

The Metro Rail Project includes the construction of a twin nine-kilometre rail tunnels from Kensington to South Yarra as part of a new end-to-end service from Sunshine to Dandenong.

Five new underground train stations are also being built for the project: North Melbourne, Parkville, State Library, Town Hall, and ANZAC. 

The stations will not only enhance public transport accessibility, but also offer retail opportunities and benefits to the local areas. The new stations are also expected to alleviate congestion in the Swanston Street/St Kilda Road tram corridor in particular.

ANZAC Station, situated at the corner of St Kilda Road and Domain Road, is set to be a game changer for the St Kilda Rd precinct when it opens in 2025 on the edge of the Shrine of Remembrance Reserve. It will be just one stop to the CBD.

It will serve thousands of residents and workers in the area, with a daily passenger capacity of up to 40,000 by 2031. The station is designed with a distinctive canopy above the tram interchange and will have three main entrances for an integrated passenger experience.

We've had a look at what's being developed in the area, and which new projects will take advantage of the new station.

Project: The Albertine

Address: 31 Queens Lane, Melbourne VIC 3000

Developer: Mirvac

Residents at leading property developer Mirvac's latest $200 million Melbourne apartment development, The Albertine, will be ideally positioned to take advtange of the new ANZAC Station from its Queens Lane address.

Mirvac snapped up the prime 2,323 sqm site in mid-2022, with the driving force behind the purchase being the unbeatable location. 

Read more: A parkside haven: How Mirvac's The Albertine takes advantage of Melbourne's best parks

The all-electric building will see around 100 large-sized one, two, three and four-bedroom apartments across 15 levels. 

Like Mirvac's portfolio, particularly across their Sydney and Melbourne projects, there's also a high level of amenity for residents.

The resident facilities are split across different levels. The Circadian Club will feature an indoor pool and spa, state-of-the-art gym, yoga and Pilates studio, and sauna, while the Elysian Room on level 10 will be residents' exclusive dining space with sweeping views across Melbourne.

Mirvac's award-winning design team handled the interiors, while Plus Architecture created a striking facade with sweeping curves and organic forms.

Read more: Mirvac partners with interior designer Brahman Perera on The Albertine, Melbourne apartment development

Project: The Eighth

Address: 8 Palmerston Crescent, South Melbourne VIC 3205

Developer: Projects by Crema

Projects by Crema's recently completed The Eighth is a mixed-use development between three of Melbourne's best parks and a few hundred metres to St Kilda Road.

The Eighth is in an ideal transport pocket, just off the bus stops on Park Street and the new ANZAC Station.

Designed by Elenberg Fraser and Kennon, the 18-level building is home to two levels of commercial office space, 36 high-end apartments, a resident rooftop with a swimming pool and bar, and a new holistic corporate wellbeing business taking up the whole podium level.

The Eighth offers three and four-bedroom apartments ranging from 128 to 256 sqm starting at $1.595 million, featuring an open-plan living room, modern kitchen, stone baths, and private lift access.

Read more: Projects by Crema approach completion of South Melbourne apartment development, The Eighth

Address: 424–426 St Kilda Road, Melbourne

Developer: GURNER™

Developer GURNER™ plans to create an $800 million mixed-use development on St Kilda Road after snapping up 424–426 St Kilda Road, a 4,651 sqm site opposite Albert Park.

The unnamed project aims to include between 160 to 180 residences with uninterrupted views over the Royal Botanic Gardens, Domain precinct, city skyline, and Albert Park Lake.

The best apartment developments to take advantage of St Kilda Road's new Anzac Station

The residences are designed for downsizers and lifestyle upsizers, focusing on wellness and lifestyle.

The plans include on-site retail that complements the prestigious location and wellness amenities to promote a healthy lifestyle among residents.

Read more: Gurner to create "the next St Moritz" at newly acquired St Kilda Road, Melbourne site

Address: 437 St Kilda Road, Melbourne

Developer: Cbus Property

Property developer and investor Cbus Property marks the first venture into the St Kilda Road precinct with an acquisition of a residential development site at 437 St Kilda Road, which the company aims to bring the development to the market in 2024.

The site is described as one of Melbourne's premier undeveloped residential opportunities due to its prime location with views across Fawkner Park and proximity to the CBD, Toorak Road, South Yarra, Albert Park, and the future ANZAC Station.

The best apartment developments to take advantage of St Kilda Road's new Anzac Station

The proposed development, designed by the renowned architecture firm Bates Smart, envisions 83 apartments spread across 17 levels and will include various residential amenities such as an indoor pool, gym, residents' lounge, and private dining room. 

The forecasted end value of the development is $350 million, and it is currently in the process of obtaining development approval from the Department of Transport and Planning.

Read more: Cbus Property set for first St Kilda Road apartment development

Project: 333 StK

Address: 333 St Kilda Road, St Kilda VIC 3182

Developer: Matrix Developments

Situated strategically on a 540 sqm corner site along St Kilda Road and Blanche Street, Matrix Development's 333 StK offers convenience and accessibility at its core.

Boasting an excellent transit score of 81, future residents at 333 StK will be just a few metres from a tram stop, benefiting from improved access through Anzac Station.

The Rothelowman-designed 333 StK comprises 76 one, two and three-bedroom apartments, including two limited penthouse duplexes. They will sit above ground level which will have two retail spaces, expected to be a mini grocer and a specialty bakery cafe.

Communal areas include a fully appointed private dining room, a multifunctional lounge that can serve as a media room, conference, and meeting space, a rooftop retreat with a built-in barbecue and comfortable seating areas, and a fully equipped gym exclusively for residents' use.

333 StK will also place residents in proximity to various local amenities and attractions, including St Kilda Esplanade Market, The Avenue Hospital, St Kilda Park Primary School, St Mary College, St Kilda Beach, St Kilda Botanical Garden, and Luna Park.

Construction, led by Balmain & Co on track for completion in Q4 2025. 

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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