Wickton launch second Hampton apartment development in as many weeks
Developer Wickton has decided now is the right time to push the go button on their two Hampton apartment developments.
Wickton, led by property industry veteran Blanco Norton and well known architect Will Leaf, have brought to the market two different kinds of projects, albeit both developed for the owner-occupier.
The first project, Linacre Rise, comprises 27 modern apartments, while the latest release, 58 Beach, has just six apartments with views to both Hampton and Sandringham Beach. Both were designed by Leaf's architecture firm Ewert Leaf.
Read more: Wickton launch new Hampton apartment development, Linacre Rise
The timing of completion of both 58 Beach and Linacre Rise, late 2024 and mid-2025, is something which North thinks will make sense for a downsizer.
"There's an opportunity for downsizers coming out of their family home," Norton says.
"They can lock in the apartment at 2023/24 prices, then benefit of selling into a market where values are expected to have increased off the back of interest rate drops."
Both projects have been well received by the market within the first few weeks of the campaign, Norton adds.
58 Beach has been designed by Ewert Leaf to take advantage of its location. The ground floor apartments feature landscaped wraparound courtyards by John Patrick, while the terraces above take in never to be built out water views.
The kitchen, with natural stone benchtops, brushed nickel handles and tapware and premium Swiss V-ZUG Appliances arranged in a tower setup, meets the open plan living and dining space which opens to the outdoors.
The two-bedroom apartments at 58 Beach start from $1.65 million, and the three-bed units are priced from $2.15 million.
Linacre Rise brings a little more supply to Hampton, with 27 two and three-bedroom apartments, but with the same intent as 58 Beach.
"Capitalising on a location in one of Hampton’s highest areas, each residence at Linacre Rise has been carefully designed to capture superb views in every direction," the architecture firm said.
"Here, among the calm of a peaceful leafy boulevard, you can relax and recharge, with everything you love about Hampton close by," the architecture firm said.
The 15 two-bedroom apartments start from $1,275,000, while the 12 three-bedroom apartments are priced from $2.05 million.
Wickton has another two projects in the pipeline, another in Bayside and one in Stonnington.
