Hampton is renowned for its beaches, charming streets, and strong community spirit.

Its open parklands and lively centre featuring popular cafes, restaurants, and shopping destinations contribute to making <a href="https://www.urban.com.au/developments/hampton-vic">Hampton</a> an appealing residential choice at any stage of life.&nbsp;

Future residents of developer <a href="https://www.urban.com.au/developers/wickton">Wickton</a>'s <a href="https://www.urban.com.au/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a> can anticipate various local amenities within convenient reach, starting with Linacre Private Hospital just next door, ensuring peace of mind especially for older residents and their families.

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Positioned on a quiet, tree-lined street at 8-10 Linacre Road, residents can enjoy a peaceful environment that is characteristic of Hampton living.&nbsp;

Peace Park, just a two-minute walk away, offers a quiet green space for relaxation and meditation.&nbsp;

The dog-friendly beach at Sandringham Harbour is an eight-minute walk, providing an opportunity for residents to enjoy the beach with their furry pets.

Meanwhile, golf enthusiasts can indulge in their passion at the Sandringham Golf Club, only an eight-minute drive from Linacre Rise.

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Connectivity is another strong point for Linacre Rise. Hampton Train Station is a convenient seven-minute walk away, facilitating easy commuting for residents relying on public transport. There is also a Woolworths situated near the station.

Within a 500-metre radius, residents can explore several restaurants and cafes, including Merrymen Café with just a three-minute walk, and Jac and Mooki, Sebastian’s Food &amp; Wine, and Brown Cow all within a five-minute walking distance.

Education options are also easily accessible. Sandringham Primary School, St Mary's School, and Hampton Primary School are all just a five-minute drive away.&nbsp;

St Leonard's College is six minutes away, and Monash University can be reached within a 20-minute drive.

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Linacre Rise offers 15 two-bedroom apartments starting at $1,275,000, and 12 three-bedroom apartments at $2.05 million.

The development is released back-to-back with its six-apartment counterpart <a href="https://www.urban.com.au/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>, located just a six-minute walk away.

[smartcode_project_cta:default project_id=95289]

Positioned on a quiet, tree-lined street, Linacre Rise residents can enjoy a peaceful environment that is characteristic of Hampton living. 

Urban Editorial

Between Hampton and Sandringham: How Linacre Rise takes advantage of two of Bayside's best suburbs

Developer Wickton&nbsp;entered the Hampton off the plan apartment market late last year with two different projects.

They're both aimed at the owner-occupier, but their more boutique project, <a href="https://www.urban.com.au/new-apartments/58-beach-58-beach-road-hampton">58 Beach</a>,&nbsp;only has two of the six large beachside apartments left, just a four-minute walk from <a href="https://www.urban.com.au/developments/hampton-vic">Hampton</a> Beach.

[smartcode_project:default project_id=141530 project_image_fid=229655]

Designed by <a href="https://www.urban.com.au/architects/ewert-leaf">Ewert Leaf Architects</a> and landscaping by <a href="https://www.urban.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, 58 Beach is a balance of the built and natural environment.

"The architecture’s coastal-inspired palette combines smooth, filleted concrete spandrels and textured parchment tone bricks, all crowned by verdant pre-oxidised shingles."&nbsp;Ewert Leaf described.

"From within, full-height windows frame immersive views of the lush gardens and the indigo hues of the bay beyond, with intention.

“Each residence is individually crafted through practical spatial planning, abundant natural light, refined materiality, bespoke detailing and premium fixtures and fittings. The interiors are both honest and unique, tailored for the address and crafted for the residents. A distinct feeling of home.”

The living and dining spaces are designed to flow into wraparound garden courtyards or expansive terraces, providing residents with wide beachfront vistas.&nbsp;

[smartcode_project:default project_id=141530 project_image_fid=229653]

The warm, minimalist interiors boast wide-plank engineered European oak timber flooring, concealed shelf lighting, and a natural stone plinth.

The kitchen, a practical and elegant space, features natural stone benchtops, extensive joinery, brushed nickel cupboard pulls, premium tapware, feature spotlights above preparation areas, and is well-equipped with Swiss V-ZUG appliances housed in a tower arrangement.

[smartcode_project:default project_id=141530 project_image_fid=229649]

The master suite features a walk-in robe and built-in robes in additional bedrooms.

The estimated completion date for 58 Beach is&nbsp;December 2024. Construction company&nbsp;<a href="https://www.urban.com.au/builders/2-moro-group">2 Moro Group</a>&nbsp;is overseeing the building for&nbsp;<a href="https://www.urban.com.au/developers/wickton">Wickton</a>.

[smartcode_project_cta:default project_id=141530]

The estimated completion date for 58 Beach is December 2024. Construction company 2 Moro Group is overseeing the building

Only two apartments remain at Hampton's 58 Beach apartments

National apartment developer Sun Property Group is continuing its push into Melbourne with their second project in the city's most affluent postcode getting the green light.

Following on from their debut Melbourne apartment development in <a href="https://www.urban.com.au/new-apartments/toorak-vic">Toorak</a>,&nbsp;<a href="https://www.urban.com.au/new-apartments/the-brookville-5-brookville-road-toorak">The Brookville</a>, Sun Property Group (<a href="https://www.urban.com.au/developers/sun-property-group">SPG</a>), has secured approval for their next project, around 500 metres away on a double block at <a href="https://www.urban.com.au/new-apartments/226-228-williams-road-toorak-victoria-3142">226-228 Williams Road</a>.

They'll be building a three-level block of just 18 high-end apartments designed by Cera Stribley, a mix of&nbsp;10 two-bedroom apartments, four three-beds, and four penthouses.

<img alt="SPG Toorak" data-entity-type="file" data-entity-uuid="9482e1d3-b884-43f5-ac36-2210f53af632" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.20.14%20am.png?VersionId=a8iTR2Ti9RhmmH2DwdPNbeEQ7mSQiv88" />

The prime 1,114 sqm site is just 250 metres to Hawksburn Train Station and 400 metres from the 59 Tram. SPG will be retaining the Smooth Bark Apple Tree, which will stand in front of the building and be accompanied by new landscaping by <a href="https://www.urban.com.au/architects/jack-merlo">Jack Merlo</a>.

The apartments will sit above a two-level basement which will home 38 parking spaces for residents and visitors.

<img alt="SPG Toorak" data-entity-type="file" data-entity-uuid="b536810f-234e-471b-b0a7-2f1631303d52" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-26%20at%209.22.41%20am.png?VersionId=3VJmFyAjBrLMaWMPxRVmEQpqAHYH.o_1" />

Cera Stribley said the site, near the&nbsp;intersection of Toorak, Prahran, and South Yarra, is ideally located in a vibrant and upscale neighbourhood in Melbourne.

"This intersection seamlessly blends the charm of Toorak’s leafy streets, Prahran’s urban lifestyle, and South Yarra’s cosmopolitan atmosphere," Cera Stribley said in their submissions to the local council.

They said the proposed development aims to bring together the strengths of these areas by providing a variety of residences that cater to the broad demographics that may be attracted to this location.

SPG, whose HQ is in Sydney, also has a project in Chatswood at <a href="https://www.urban.com.au/new-apartments/1a-17-bowen-street-chatswood-nsw-2067">1a-17 Bowen Street</a>, next to the Great Northern Hotel. They're currently working on <a href="https://www.urban.com.au/new-apartments/aurora-453-willoughby-road-willoughby">Aurora</a>, a boutique development of one, two, three and four-bedroom apartments in Willoughby.

[smartcode_project_cta:default project_id=109761]

Cera Stribley said the site, near the intersection of Toorak, Prahran, and South Yarra, is ideally located in a vibrant and upscale neighbourhood in Melbourne

Joel Robinson

Sun Property Group secure approval for second Toorak apartment development

Richmond-based architectural builder <a href="https://www.urban.com.au/builders/sinjen">Sinjen</a> has been appointed by local developer <a href="https://www.urban.com.au/developers/upscale-property-group">Upscale Property Group</a> as builder for their upcoming Loller St apartment development in Brighton.

<a href="https://www.urban.com.au/new-apartments/loller-st-1a-loller-street-brighton">Loller St</a> comprises just six dual-aspect apartments featuring two, three, and four bedrooms, all within a 15-minute walk to Brighton Beach.

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Designed collaboratively by <a href="https://www.urban.com.au/architects/telha-clarke-architects">Telha Clarke</a>, <a href="https://www.urban.com.au/interior-designers/mim-design">Mim Design</a>, and <a href="https://www.urban.com.au/landscape-architect/paul-bangay-garden-design">Paul Bangay</a>, Loller St reflects the harmonious blend of modernist architecture, meticulous interior design, and thoughtful landscaping.&nbsp;

Loller St's modern design allows for abundant floor-to-ceiling windows blurring indoor and outdoor spaces, clean lines, and open spaces conducive to free-flowing floor plans overlooking views of gardens and <a href="https://www.urban.com.au/developments/brighton-vic">Brighton</a>.

Each apartment will feature custom Mim-designed pieces, wine cellars, fireplaces, and dedicated walls for art displays.

The heart of these homes is a Taj Mahal Quartzite kitchen equipped with Gaggenau Appliances and Brodware tapware.

[smartcode_project:default project_id=142223 project_image_fid=228672]

Security features are also a priority, with each apartment equipped with an individual alarm system and CCTV cameras installed in all common and public areas of the building. Electric vehicle chargers will be provided for each home, catering to the growing demand for sustainable living solutions.

Loller St is slated for completion in October 2025. Jellis Craig Projects is marketing Loller.

[smartcode_project_cta:default project_id=142223]

Loller St is slated for completion in October 2025.

Sinjen appointed to build Brighton's newest apartment development, Loller St

Bespoke Melbourne apartment developer Wickton has appointed Balmain &amp; Co. to deliver their upcoming Linacre Rise apartment project in Hampton.

The appointment follows the completion of site clearing works on site at 8-10 Linacre Road, <a href="https://www.urban.com.au/developments/hampton-vic">Hampton</a>, with the next stage of excavation.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/how-wickton-brings-confidence-to-the-off-the-plan-apartment-market-with-an-in-house-team-five-minutes-with-blanco-norton-and-will-leaf">How Wickton brings confidence to the off the plan apartment market with an in-house team: Five minutes with Blanco Norton and Will Leaf</a>

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<a href="https://www.urban.com.au/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a>&nbsp;will feature just 27 two and three-bedroom apartments next to Linacre Private Hospital and a few hundred metres from Peace Park, Sandringham Golf Club and Sandringham Beach.

Architecture firm <a href="https://www.urban.com.au/architects/ewert-leaf">Ewert Leaf</a> has designed the low-rise project which will sit in landscaping by <a href="https://www.urban.com.au/architects/john-patrick-landscape-architects">John Patrick Landscape Design</a>.

The 15 two-bedroom apartments start from $1,275,000, while the 12 three-bedroom apartments are priced from $2.05 million.

[smartcode_project:default project_id=95289 project_image_fid=229698]

<a href="https://www.urban.com.au/developers/wickton">Wickton</a> has created <a href="https://www.urban.com.au/new-apartments/linacre-rise-hampton-8-10-linacre-road-hampton">Linacre Rise</a> to be environmentally responsible and energy efficient for residents.

The inclusion of solar panels aims to decrease dependence on traditional energy sources to lower electricity bills and reduce carbon footprint.&nbsp;

<a href="https://www.urban.com.au/builders/balmain-co">Balmain &amp; Co.</a> is anticipating a Q1 2025 completion for Linacre Rise.

[smartcode_project_cta:default project_id=95289]

Balmain & Co. is anticipating a Q1 2025 completion for Linacre Rise

Wickton appoints Balmain & Co to deliver Linacre Rise

Melbourne developer&nbsp;<a href="https://www.urban.com.au/developers/chapter-group">Chapter Group</a> has appointed <a href="https://www.urban.com.au/builders/cobild">Cobild</a> as the builder for their latest development, Fitzroy Fitzroy.

<a href="https://www.urban.com.au/new-apartments/fitzroy-fitzroy-411-421-smith-street-fitzroy">Fitzroy Fitzroy</a>, a striking mixed-use project in the heart of <a href="https://www.urban.com.au/developments/fitzroy-vic">Fitzroy</a>, is a joint venture between Chapter Group, run by Dean Lefkos,&nbsp;<a href="https://www.urban.com.au/developers/cdl-australia">CDL Australia</a>, and <a href="https://www.urban.com.au/developers/crema-group">Crema</a>.

The Smith Street development has seen a wave of buyer demand since its launch, recently hitting a new high following the sale of three amalgamated apartments that sold for around $10 million, the priciest sale in Fitzroy

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/confidence-in-melbournes-off-the-plan-apartment-market-soars-with-record-10-million-fitzroy-sale">Confidence in Melbourne's off the plan apartment market soars with record $10 million Fitzroy sale</a>

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“Fitzroy Fitzroy initially launched with 56 apartments and six townhomes but following a number of amalgamations, the project make-up has shrunk to 52 apartments and five townhomes,” says Dean Lefkos.

Buyer interest has been predominantly from local owner-occupiers, including downsizers, empty nesters, and young professionals. &nbsp;

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Designed by <a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a>, Fitzroy Fitzroy sits behind a grand heritage brick facade, once home to MacRobertson’s Garage and Workshop, and reaches nine storeys high, complete with angular rooftops and a chamfered western side to create sunlit internal spaces and generous viewlines.&nbsp;

At ground level, an internal laneway connects Smith Street to the residents’ lobby, inspired by the local arcades in Melbourne’s CBD, complete with ground-floor residential amenities and two retail tenancies.&nbsp;

Fitzroy Fitzroy is 70 per cent sold and is currently under construction. Custom floorplans are still available, with completion scheduled for Q4 2025.&nbsp;

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Buyer interest has been predominantly from local owner-occupiers, including downsizers, empty nesters, and young professionals

Chapter Group appoint Cobild as builder for Fitzroy Fitzroy

A Hong Kong-linked developer has been given the green light for a mixed-use development in one of&nbsp;Melbourne's Major Activity Centre-nominated suburbs.&nbsp;

The Box Hill development at 810-812 Whitehorse Road will include&nbsp;three distinct towers of varying heights, 23 storeys on Elgar Road, 26 storeys on Whitehorse Road, and 32 storeys to the rear/ centre of the site, along with residential amenity and open space, four commercial storeys, retail tenancy, five basement levels, and 424 car parks and 165 bicycle spaces.&nbsp;

Ricardo Energy Environment and Planning prepared a planning report on behalf of Hanex Investment Ltd who own the land, with the investment firm a subsidiary of Harbour Guidance Pty Ltd, the company that currently owns Jeanswest.

<img alt="Hong Kong developers lodge plans for Fender Katsalidis-designed mixed-use Box Hill tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-24%20at%2011.10.34%20am.png?VersionId=vlpbxMymC17fV5BuOWVw51ZRE0i1D2GM" />Render of the proposed Box Hill development.&nbsp;

The group engaged renowned architects&nbsp;<a href="https://www.urban.com.au/architects/fender-katsalidis-architects" target="">Fender Katsalidis</a>&nbsp;to design the project, which the town planners say is set to critically shape the Box Hill MAC.

"It delivers a highly resolved, modern architectural development befitting of the site’s future urban context, and will enhance the public realm through landscaped forecourts and the ground level retail uses that will activate this section of Whitehorse Road, Elgar Road, and Prospect Street," Ricardo Energy Environment and Planning said in their report.&nbsp;

"The strategic role of Box Hill is arguably the key MAC in the&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic" target="">Melbourne</a>&nbsp;eastern suburbs, giving it a stand out role, while the site also sits within Built Form Precinct F which permits taller buildings enabling increased density."

The site is currently occupied by a three-storey commercial/office building which is occupied by Stanley &amp; Decker, BMM Test Labs and Box Hill Super Clinic.&nbsp;

The surrounding land is currently occupied by mid-rise office buildings, taller mixed-use towers, and (on the opposite side of Elgar Road) post-war housing. However, there is a visible shift towards higher-density development.

There will be 368 apartments constructed within the towers, with 114 one-bedrooms, 57 one-bedroom plus study, 143 two-bedroom and 54 three-bedroom floorplans.&nbsp;

Commercial and retail spaces will occupy the ground floor with seperate entrance lobbies for the residential and office components of the project.

Identified as a gateway site into Box Hill, Fender Katsalidis has incorporated a layered design, with three distinct tower forms that step down to lower shoulders to the west and north.&nbsp;

<img alt="Hong Kong developers lodge plans for Fender Katsalidis-designed mixed-use Box Hill tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-24%20at%2011.06.46%20am.png?VersionId=pCC9M0AV1vaOnr_8cok7hhLBN.KcK4qV" />Render of the proposed Box Hill development.&nbsp;

The shape of the northern and western shoulder towers has been curved to increase sight lines through the site, while articulation has been achieved through curved horizontal concrete profiles and vertical bronze banding.

The tower will comprise a light coloured off-form precast concrete panel, with clear glazing to the windows and balustrades, while the upper levels will feature glazing and concrete precast panel treatment in a light grey, coupled with metal or metal look banding elements in bronze and horizontal landscaping.&nbsp;

A suite of residential amenity will be on offer across the towers, with an 851 sqm outdoor terrace planned for level four, along with 1,446 sqm of seating and dining, a swimming pool, spa and gym.&nbsp;

A second terrace is proposed at level 24, providing a further 327 sqm of open space for residents.&nbsp;The group are also planning to enhance a currently under-utilised pocket park at 808 Whitehorse Road.

An array of convenient amenity surrounds the site, with the Whitehorse Road site well-connected through public transport links, including&nbsp;<a href="https://www.urban.com.au/news/suburban-rail-loop-in-focus-box-hill" target="">Box Hill Train</a>&nbsp;Station, which is located 400-metres away, and the Box Hill Bus Interchange further east of the train station. There's also several bus routes located along Whitehorse Road and Elgar Road, while tram services operate along the Whitehorse Road corridor directly in front of the site.&nbsp;

Box Hill Gardens is located within 500 metres of the site, while Kingsley Gardens is within 250 metres. Box Hill Public Hospital, Epworth Eastern Private Hospital and Elgar Medical Suites are also within close proximity, as is Box Hill Lawn Bowls, Box Hill TAFE, and the suburb's Town Hall and library.&nbsp;

Identified as a gateway site into Box Hill, Fender Katsalidis has incorporated a layered design, with three distinct tower forms that step down to lower shoulders to the west and north.

Fender Katsalidis apartment tower approved for Box Hill

2022 and 2023 have been the year of the downsizer and rightsizer demographic in the Melbourne off the plan apartment market

<a href="https://www.urban.com.au/developers/osk-property">OSK Property</a>'s $2.8 billion <a href="https://www.urban.com.au/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a> precinct has proven to be one of the most popular projects on Urban in 2023, and continues to be in 2024, with newly completed and off the plan opportunities.

OSK has the final apartments in the completed East and West Towers on Kavanagh Street, as well as the recently launched <a href="https://www.urban.com.au/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> which is slated for completion in late 2026.

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Downsizers have come from all over to take advantage of the rare opportunity to move closer to the city. Williamstown downsizer Moira has been living in Melbourne Square for the last two years. The 63-year-old and her partner secured a three-bedroom apartment in one of the completed towers.

Moira said the unprecedented quality of finish and amenities at Melbourne Square, as well as its location and security, were the driving factors behind their&nbsp;purchase.

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Each completed tower features two levels of amenities on the podium, including a 50-metre swimming pool, a gym, seating and lounge areas, and several dining spaces.

"I use the eighth-floor gym up to five times a week, helping me keep fit and do bone-strengthening exercises for my osteoporosis," Moira says.

"We have used the outdoor pool with grandkids often, mainly in summer," Moira says, adding that the 54th-floor spa serves as a retreat for both her and her partner, offering a space for relaxation and de-stressing. Both her sons and grandsons have used the recently opened basketball courts outside.

"The diversity of age groups and ethnicities is also very warming to see, young and old. All life-stages live here, and enjoy the great location and amenities."

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Moira has also used the bookable function rooms when she's entertained family and friends.

"The quality of the rooms and facilities is excellent, from the premium lounger through to the dining room and demo kitchen on the eighth floor. There is a function room to suit nearly all occasions, and based on our extensive review of other inner-city apartment options, has by far the best facilities we saw."

Over 6000 sqm of public space has been included across the ground floor of the towers, with a landscaped public park, along with several green spaces and walkways, in addition to a full-line double-storey Woolworths and retail and dining options&nbsp;including a restaurant, café and bottle shop.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=200843]

Moira says she heads to Woolworths almost every day, given it's so close to the building, and she visits the sushi bar, Malaysian restaurant Sama Sama, and the fresh bakery frequently.

Moira and her partner have embraced the Melbourne Square community and are kept updated through the building’s WEWumbo app on all social initiatives, from wine clubs and book clubs to occasional big events like the&nbsp;Grand Prix or Lunar New Year that ignite the precinct.

Melbourne Square is also drawing lots of locals, showcasing the precinct's appeal as a central hub for residents and visitors.

"With its garden areas for dog walkers, other meeting areas, and retail venues having been introduced, it is clearly drawing lots of locals to Melbourne Square, beyond the current towers' residents," Moira suggests.

[smartcode_project:default project_id=2929 project_image_fid=255379]

The walkability factor at Melbourne Square was another major drawcard for Moira and her partner.

"We love to walk whenever we can and the central location to everything is a main attraction of living at Melbourne Square. We walk to the footy, to the city, to the markets - everywhere we can. My son came over from the UK and he walked around the Botanical Gardens, Albert Park Lake and down to the beach, South Melbourne Market, and into the city. Everything is on our doorstep here."

The final apartments remain in Melbourne Square's complete East and West Tower, while BLVD is Melbourne Square's latest off the plan tower.

[smartcode_project_cta:default project_id=2929]

Why I bought an apartment at Melbourne Square: Urban Buyer Q&A

Melbourne-based developer ICD Property has created two of Melbourne's tallest residential towers in the last five years.

Their Aspire tower was the fastest-selling project in 2019, selling a significant number of the near 600-apartment project quickly following its launch.

Since then the team has also moved into different markets.

They're currently undertaking a restoration and redevelopment of the <a href="https://www.urban.com.au/new-apartments/city-tattersalls-club-194-204-pitt-street-sydney">City Tattersall Club</a> in the <a href="https://www.urban.com.au/new-apartments/sydney-nsw">Sydney</a> CBD, while in Adelaide they're creating over 230 apartments in a new mixed-use precinct called Market Square.

With everything going on at ICD, we caught up with their Managing Director Matt Khoo to talk about ICD's approach to development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/15Cb1qjvkVg?si=1rlSTaSYrGZJo2gk" title="YouTube video player" width="560"></iframe>

Since ICD was founded 15 years ago, they've delivered over 1,500 homes across Melbourne.

"Each one of them we've got the same philosophy: we want to build something that stands the test of time and really deliver value for our purchasers," Khoo says.

Khoo believes you're only as good as your team when it comes to creating a new project.

"We obviously employ the right people internally, but it's about the consultants, it's about the builders. We&nbsp;would only ever trust the build and the build quality, of something like <a href="https://www.urban.com.au/buildings/aspire-melbourne-301-king-st-melbourne">Aspire</a> or <a href="https://www.urban.com.au/buildings/eq-tower-127-abeckett-street-melbourne">EQ Tower</a>, or our project in Adelaide or Sydney, to tier one builders.

"We're crafting and designing it, they're only the tools, putting the materials in. They're backing themselves to say that it's going to last to the purchaser.

"We invest a lot with having the best consultants and the best builders. With the idea of doing the right thing, we can sleep comfortably at night knowing we have engaged in the absolute best."

To read more about ICD Property, visit their <a href="https://www.urban.com.au/developers/icd-property">Urban Profile here</a>.

With everything going on at ICD, we caught up with their Managing Director Matt Khoo to talk about ICD's approach to development

Michael Bird

Why an apartment development is only as good as its team: Five minutes with ICD's Matt Khoo

Prominent Melbourne fringe developer Salvo is set to kick off the demolition phase of its now-unveiled Southbank tower, Moray House.

Moray House, rising 56 levels on a prime corner site across <a href="https://www.urban.com.au/new-apartments/moray-house-42-moray-street-southbank">42 Moray Street</a> at 11-13 Hancock Street, will be the first major inner-city high-rise apartment&nbsp;development to launch this year.

More than 240 of the 305 apartments have already been snapped up by a various cohort of demographics, from&nbsp;parents purchasing apartments for their children, professionals seeking a city base, families moving back to inner Melbourne post-COVID, and investors.

The $200 million project is primarily made up of two and three-bedroom apartments designed by interior designer David Hicks, as well as two double-level penthouses with&nbsp;never-to-be-built-out views. Moray House also comprises eight levels of office space, hi-tech co-working facilities and two floors of residential amenity with wellness and relaxation at its core.

Resort-grade facilities located in the most premium parts of the building include health and wellness zones such as luxury day spa, yoga and steam rooms, pool, gym and massage suite accessed by a spiral staircase. Additional amenity includes a hotel-style reception, concierge, ground floor café and bar, private dining rooms, outdoor BBQ areas, residents’ lounges and additional storage spaces.&nbsp;

<img alt="Salvo" data-entity-type="file" data-entity-uuid="f2c307cb-5479-4f69-88f2-f2e95f8077b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.38.00%20am.png?VersionId=1qKYTj.5NK6als2YjEQiGODQ9i6KENdK" />

Residents can&nbsp;also make use of state-of-the-art co-working spaces complete with 40 hot desks, meeting rooms and collaboration zones, video conferencing, printing and other services.

The residences feature uninterrupted views of the city skyline, Albert Park Lake and Port Phillip Bay, enhanced layouts, abundant natural light and full-height glazing.

<a href="https://www.urban.com.au/developers/salvo">Salvo</a> Managing Partner James Maitland said Salvo’s&nbsp;Now Generation&nbsp;blueprint underscores the project’s design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries.

“The pandemic accelerated a shift in the way people live and awareness of the critical role that internal and external environments play in our physical and mental health and wellbeing," Maitland said.

“Traditional apartment living has evolved to vertical communities and urban placemaking where residents can make new social connections in various communal indoor and outdoor spaces. They also expect resort-style amenities and connectivity with their local environment."

<img alt="Salvo" data-entity-type="file" data-entity-uuid="7704b2df-7166-4145-bda3-1755b267be4a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.38.14%20am.png?VersionId=gaf7n7yIjEcY8iMnw4Wg57n9NVcxWRl0" />

Maitland said <a href="https://www.urban.com.au/developments/southbank-vic">Southbank</a> has matured from an urban regeneration precinct to an established suburb with world class lifestyle infrastructure.

“Moray House enjoys a prime location with a walk score of 98%. Residents are an eight minute walk to South Melbourne village and market, Albert Park Lake and MSAC, as well as Southbank’s dining and entertainment precinct. A city commute also takes just a few minutes with two tram lines within 100 metres,” he said.

The development is due to be completed in late 2026.

The project’s two-bedroom apartments range from $639,000 to $765,00, and three-bedroom apartments start from $1.075 million.

Industry data reveals 16,000 dwellings are required in the City of Melbourne alone over the next three years to meet demand, research from Urbis Apartment Essentials; City of Melbourne report showed.

Data from Charter Keck Cramer also shows only 2,600 new apartments were launched in Melbourne in 2023, the lowest in a decade. Recent ABS data has shows apartment approvals in Victoria declined to a 17-year low.

<img alt="Southbank" data-entity-type="file" data-entity-uuid="e99bc97c-12e9-4b59-90bb-479c9a170658" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.37.54%20am.png?VersionId=3b3TDqwN9rD0va73yxpLuC3F.mOlgowL" />

“We’re keen to see the right investment and planning settings that provide confidence for both developers and buyers regarding the delivery of key infrastructure in urban renewal projects to enable multi-unit developments to do the heaving lifting to boost housing supply,” Maitland added.

“On the demand side, revisiting off-the-plan stamp duty exemptions and reducing taxes on foreign investors would go some way to speed up the much-needed delivery of housing and easing the rental crisis.”

Salvo has had success in Southbank previously. Last year they completed <a href="https://www.urban.com.au/buildings/stature-southbank-119-clarendon-street-southbank">Stature Southbank</a>, also designed by Rothelowman.

[smartcode_project_cta:default project_id=144998]

Salvo Managing Partner James Maitland said Salvo’s Now Generation blueprint underscores Moray House's design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries

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