Malvern

Kokoda Property are pushing forward with their $2.5 billion project pipeline despite the effects of the nationwide construction crisis currently plaguing the industry.

The situation has been exacerbated by a significant number of major property and construction companies facing collapse due to housing shortages, rising global material costs, and supply chain disruptions.

The resulting spike in construction company insolvency, which has increased by 90 per cent compared to the previous financial year, has left many in the industry feeling fearful and uncertain about the future.

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Kokoda Property Managing Director and Founder Mark Stevens said that they won’t be putting any projects on hold.

“Demand will soon outstrip supply based on forecasted population growth across major Australian capital cities and will be further exacerbated by record migration, especially in Queensland," Stevens said.&nbsp;

“While some view it as a volatile market and trickier to navigate, our 25-years of experience has seen us through many property cycles and difficult times. We have great relationships with reputable, quality construction partners and are confident in where things are heading.

“In fact, we’re actively searching for more sites and signing new deals for projects across Melbourne and Queensland."

Kokoda Property is currently in the midst of transforming Dandenong Road with its mixed-use precinct, Malvern Collective, which is currently 70 per cent sold with construction underway and due for completion in the first quarter of 2024.

Malvern Collective will feature two Jackson Clements Burrows-designed multi-residential towers with unparalleled views of Port Phillip Bay, the Dandenong Ranges and Melbourne’s CBD.

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The development comprises over 200 apartments designed by Carr, including a grand 463 sqm private New York-style penthouse with an exclusive lobby, dedicated lift and private rooftop and infinity pool, as well as a range of generous sub-penthouses that emulate the penthouse’s design inspiration, fixtures and finishes to create a six-star living experience across the board.

Malvern Collective’s ground level will be home to a brand new retail, dining and lifestyle precinct which includes the last Woolworths Metro to be built in Melbourne, as well as the Techne-designed, renovated Angel hotel, an iconic Melbourne pub with a rich legacy and history dating back to 1856.

The new precinct will connect with Glenferrie Road via new laneways with direct access to Malvern train station, providing residents and the local community a ‘0-minute development’, providing a lifestyle akin to living in the city, where everyday essentials and amenities are on the doorstep.

Kokoda is also pushing on with a growing pipeline in Brisbane. They recently completed their $165 million Milton project, The Ambrose, a 19-storey tower with 174 apartments and two retail spaces designed by Cottee Parker. That's 95 per cent sold.

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Kokoda Property acquired its <a href="https://www.urban.com.au/news/qld/kokoda-secure-prime-milton-site-for-cottee-parker-designed-apartment-tower">second Milton site on Crombie Street earlier this year</a> for $11 million, with plans to build a 22-storey, 160 apartment multi residential tower featuring a rooftop pool, private dining, health and wellness space and gym.

The Crombie Street project will have a total value of circa $160 million and will soon launch its expressions of interest campaign.

Earlier this month Kokoda spent $100 million on the <a href="https://www.urban.com.au/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">last remaining riverfront site in Teneriffe</a>, with plans to build another $1.75 billion mixed-use precinct across the huge 17,600 sqm Skyring Terrace block.

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With no signs of slowing down, Kokoda Property is currently in the midst of transforming Dandenong Road with its high end, mixed-use precinct, Malvern Collective, which is currently 70 per cent sold with construction underway and due for completion in the first quarter of 2024.

alisonwarters@gmail.com

Malvern Collective the latest in the pipeline for Kokoda Property 

Nestling in one of Malvern&rsquo;s leafiest pockets, King Bird Development&rsquo;s, Contour presents a boutique collection of residences designed by Ascui &amp; Co. Architects.

The sculpted homes are an embodiment of their address, inspired by the organic beauty of nature, with all of Malvern&rsquo;s cultural delights within reach.

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With consideration for site and neighbourhood context, Ascui &amp; Co. have envisioned a design that gives back to its occupants, nurturing an effortless and elevated living experience.

Combining understated materiality, a sweeping form and inherently practical planning, Contour delivers a collection of two and three-bedroom residences to Melbourne&rsquo;s inner suburbs.

Ascui &amp; Co. are a Melbourne-based firm who are often inspired by the curve motif &ndash; a design language they utilise with precision.

This is exemplified by Contour&rsquo;s rounded edges and the sinuous wave-like elements tracing the periphery of the building, reminiscent of nature&rsquo;s organic forms.

Situated on a corner site, the fa&ccedil;ade follows the natural path of the land, with its soft, rounded edges complimented by a series of contours, sweeping from one face to the other, giving definition to the balconies, slabs and large glazed windows throughout the project.

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Contour is expressed in a simple materiality, with white concrete and deep grey metals providing a counterpoint to the verdant garden setting.

Ascui &amp; Co. Director, Gonzalo Ascui, said light was paramount to the design of Contour, drawing it deeply into the internal spaces through vast expanses of glass, in addition to the expansive terraces and balconies fostering a seamless flow between indoor and outdoor living, while affording panoramic views of the leafy streetscape as well.

&ldquo;There is an elegant softness to the building &ndash; we&rsquo;ve avoided rigidity and sharp lines. The building curves around the corner site, following the natural path of the land. Sinuous wave-like elements trace the form of the building, sweeping from one face to the other in a flowing gesture,&rdquo; said Ascui.

Curated again by the Melburnians, Ascui &amp; Co., the interiors reflect the sophistication of the architecture.

Each space has been generously appointed, boasting high-end finishes with rich textures, creating a sense of open grandeur to th&nbsp; interiors that brightens everyday life and allows residents&nbsp;to connect with the outdoor environment.

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Chosen from the industry&rsquo;s most trusted suppliers and creators, apartments are home to a collection of considered finishes and touches, including natural stones, engineered European Oak herringbone timber floors, soft 100 per cent polyamide carpets, textured joinery, ribbed feature tiles and glass elements.

&ldquo;Together, these premium materials create an aesthetic of timeless sophistication while gifting a low-maintenance lifestyle and unrivalled durability.&rdquo;

Recognising the importance of first impressions, Ascui &amp; Co. curated a considered and inviting apartment entrance.

A robust stone plinth, with a built-in draw, presents a place for things like ornaments, indoor plants, keys and letters, backlit for a striking effect with a curved mirror, creating an air of elegance while the layout of the floorboards emulates the experience of a hallway.

Contour&rsquo;s living room presents a sunny and expansive setting, adorned in a palette of luxurious yet neutral finishes, complete with a fireplace.

Defined by floor-to-ceiling windows, the open-plan living room is awash with abundant natural light and verdant vistas of the landscaping and surrounding treetops, in addition to a seamless connection between indoor and outdoor living.

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Housed within stone joinery, the fireplace creates a cosy atmosphere as well as efficiently heating the space, while engineered timber Herringbone floors provide the perfect base for living.

Ascui &amp; Co. have featured contoured edges at the apartment entrance and in the island bench, evoking an instant air of continuity, where elements of the exterior have been translated within to enhance the unique language of the design

Contour&rsquo;s generous kitchen is the heart of the home, fitted out by a functional design and abundant storage, as well as premium appliances and finishes, from solid quartzite to fluted glass.

Entering the space, the solid quartzite stone island bench instantly draws in the eye, distinguished by the same sweeping contour seen on the facade and at the apartment entrance.&nbsp;

Full-height joinery with a wood grain texture has been paired with elegant fluted glass cabinetry, bringing a sleek and modern feel to the palette, along with a suite of premium Gaggenau appliances.

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&ldquo;Walking into these spaces, the curves are a visual delight. They blend and bend space, allowing light to flow around the corner, coming right into the room and illuminating the finishes,&rdquo; Ascui added.

Stepping into the bedrooms, featuring fluid curved walls and ample sunlight, the master bedroom has been designed as a private sanctuary.

Set upon plush carpet, the room is complete with a spacious walk-in-wardrobe, equipped with custom shelving and a refined fluted-glass door.

Presenting sophistication at its most tranquil, Contour&rsquo;s bathroom offers a private oasis, illuminated by dappled light, with a calming palette, exhibiting full-height tiling on all walls, solid stone benchtops and fluted-glass partitions.

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Rounding out the room, a double vanity affords a sense of hotel-style luxury, complete with integrated storage, as well as an expansive shower and free-standing bathtub.

Construction has begun on the Malvern project, with interested buyers left with only a small window now to secure an apartment with just a 5 per cent deposit before settlement.

Three-bedroom apartments can still be secured in Contour, with prices starting from $1,647,500.

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"Sweeping from one face to the other": How Ascui & Co. designed the Malvern apartments, Contour

Buyers at Kokoda Property&#39;s Malvern Collective, on the southern end of the dress circle Glenferrie Road, will be offered the ultimate convenience, with Woolworths signing as anchor tenant at the new mixed-use project.

The 600 sqm Woolworths Metro will adjoin&nbsp;the precinct&#39;s central piazza,&nbsp;a mix of high-end food and entertainment-focused specialty retailers, which connect via laneways to Glenferrie Road and offers direct commuter access to Malvern train station.

Malvern Collective will home 265 residences across its JCB-designed tower, with interiors by Carr Design.

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Kokoda Property&rsquo;s founder and managing director, Mark Stevens, says as the largest privately led urban renewal development in the suburb&rsquo;s history, Malvern Collective is set to restore a significant part of Malvern&rsquo;s original high street.

&ldquo;The arrival of Woolworths is testament to our group&rsquo;s vision to reinvigorate this prominent section and bring it back to its former glory,&rdquo; Stevens said.

Today with a median house price of $3.1 million, Malvern is a highly sought-after lifestyle suburb.

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&ldquo;Malvern Collective presents a rare opportunity to introduce luxury apartments alongside carefully curated fresh food retail, health and wellness services, and high-end food and entertainment offerings,&rdquo; Stevens added.

&ldquo;Ultimately, this is about place making and bringing together the fundamental elements that contribute to community wellbeing, and reflecting where the suburb&rsquo;s culture, design and demographic are moving.&rdquo;

Furthermore, approximately 1.1 million passengers use Malvern station each year &ndash; representing an average of 3,000 commuters per day. This number is set to increase when the $2.7 billion Metro Tunnel project is completed in 2025.

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&ldquo;The precinct will not only reinvigorate the southern end of Glenferrie Road, but also create considerable convenience, connectivity and amenity to commuters who frequent Malvern station,&rdquo; Mr Stevens said.

Early site works commenced at Malvern Collective in 2020 with the $1 million refurbishment and reopening of the suburb&rsquo;s oldest pub, The Angel. The historic watering hole reopened in March with a new front bar, kitchen and head chef, alongside regular live entertainment.

The next phase of construction has commenced earlier this year, with the mixed-use development scheduled for completion in Q1 2024.

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Malvern Collective will home 265 residences across its JCB-designed tower, with interiors by Carr Design

Joel Robinson

Kokoda Property secure Woolworths as anchor tenant at Malvern Collective development

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A Malvern residence has been listed with hopes of selling for between $3,650,000 and $4,000,000. 
Located in the sought after Sorrett Avenue, the two-storey property offers outdoor entertaining with automated shutters and an in-built barbecue. 
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-05-14%20at%203.00.52%20pm.png" alt="">
The home offers a versatile floorpan with a formal open-plan living space, a study, a home theatre and four generous bedrooms. 
Situated steps from Glenferrie Road and High Street, the home is close to daily amenities and leading schools. 
The property last traded for $2,430,000 in 2009.  
Jellis Craig’s Will Bennison and Tim Bennison hold the listing. 
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Malvern residence listed with $4 million hopes

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An extended Robin Boyd residence in Malvern has been listed for sale at $5.1 million.
The rejuvenated Boyd home is now a six-bedroom, three-bathroom property on three levels that combines historic elements with contemporary living.
The Boydesque timber entrance hall of <a href="https://www.realestate.com.au/property-house-vic-malvern-122019990" target="_blank">700 Toorak Road</a> leads to the sitting room with open fireplace, formal dining room with bar, gourmet kitchen and an large living and dining room.
The living areas open to surrounding private landscaped terraces with water feature and a north-south tennis court.
The entertainment zone on the ground level comprises a large recreation/billiard room, fitted home cinema with kitchenette and al fresco pavilion with teppanyaki grill next to a north-facing heated pool, spa and sun terrace.
The main bedroom suite includes a bathroom and study; there are five additional bedrooms, two bathrooms, a large retreat and second study.
The land size is 1,317sqm.
It last sold in June 2010 for $3,505,000.
It has been listed by Justin Long and Trevor Gange of Marshall White.
When is a pre-purchase building inspection a must?  What do they entail?  How does one interpret the results?  What defects can be fixed and which ones should prompt you to walk away. Jarrod McCabe, associate director, Wakelin Property Advisory and Peter Alexander, building inspector, Safehome Building Inspections present a webinar for Victorian home buyers on April 20. <a href="https://wakelin.com.au/inspection" target="_blank">Click here to register</a>.
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Malvern Robin Boyd trophy home offering

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Melbourne entrepreneur Simon McNamara, co-founder of Grill’d, sold his 1930s Malvern family home last month.
It had been his family home since 2009 when his wife, Georgina paid $1.25 million.
Michael Armstrong of Kay Burton secured the sale with an undisclosed price.
The 4 Derril Avenue, Malvern home had $3.5 million plus hopes by the entrepreneur who is also into trampolining playparks Bounce.
There's a trampoline in the backyard too.
 
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Grill'd Simon McNamara sells 1930s Malvern home

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A luxury family home in Malvern sold at the weekend at $3.8 million.
The four-bedroom, three-bathroom home at <a href="https://www.realestate.com.au/property-house-vic-malvern-123138190" target="_blank">41 Horace Street</a> comes with its own mud room, stone kitchen and gym area.
The property also has a solar-heated swimming pool, located near the landscaped garden. 
The contemporary design features remote internal and external blinds, a comprehensive AV system, intercom and security CCTV. 
Emma Bloom and Darren Lewenberg at Kay &amp; Burton, South Yarra sold the property.
The median house price in Malvern is $2 million according to <a href="https://www.urban.com.au/property-observer" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en-GB&amp;q=https://www.propertyobserver.com.au/finding/location/suburb-data/10809-malvern-vic.html&amp;source=gmail&amp;ust=1471341232312000&amp;usg=AFQjCNFaQiVHD1UNZT89uZR2TaeGMLluMw">CoreLogic RP Data</a>.
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Luxury Malvern home with own mud room sold

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The former Melbourne Demons president, and insurance salesman, Don McLardy and wife, Clare have their Malvern home listed.
<a href="https://www.realestate.com.au/property-house-vic-malvern-122019990" target="_blank">The Marshall White Real Estate agent Justin Long</a> has just knocked $200,000 off the ask to $4.9 million.
McLardy paid $3.505 million in 2009. Apparently the teppanyaki grill beside the pool has walls covered with AC/DC memorabilia.
There's also Melbourne memorabilia in the billiard room.
This article was first published in the Weekend Australian Mansion Australia property section.
 
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Former Melbourne Demons president Don McLardy lists in Malvern

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A record $8 million is expected for the Malvern East property once owned by Little River Band guitarist songwriter Beeb Birtles.
It was sold by the singer's Broke Again Productions Pty Ltd for $1,265,000 in 1991 to the current vendors.
The <a href="https://www.realestate.com.au/property-house-vic-malvern+east-123853666" target="_blank">10 Manning Road</a> property sits in the tree-lined Gascoigne Estate.
Harleston Firs, built in 1905, is a red-brick Victorian with five bedrooms, a study, billiard room, music room and triple garage.
Birtles restored and extended it more than 30 years ago.
Kay &amp; Burton’s Gowan Stubbings is taking offers until November 15.
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Harleston Firs, East Malvern listed 

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A two level, freehold property at Malvern in Melbourne’s inner-east has sold for $1.32 million at auction.
A private Melbourne investor outbid five others for the 17 Glenferrie Road property, which had the same owner for 30 years.
The two level, 197 square metre building is on a 192 square metre site, with five metres frontage to Glenferrie Road and rear access to on-site parking. It is zoned Commercial 1.
According to marketing agents, Teska Carson’s Tom Maule and Adrian Boutsakis, they received more than 100 pre-auction enquiries from a mix of owner-occupiers, investors and developers, and 30 bids from a crowd of 60 plus.  
They claimed that the response reflected the high demand for properties in a tightly held precinct
“Glenferrie Road, and Wattletree Road, Malvern is a well-known and strongly performing retail precinct, including the David Jones and Woolworths anchored Malvern Central Shopping Centre, major banks, and national and international food chains, along with numerous restaurants and fashion boutiques,” Maule said.
“Properties on the market within this precinct, when they do become available, always attract a high level of interest from a broad range of buyers and this was no exception.”
Boutaksis said the property offered the potential for multiple tenants and dual income streams, in an location only seven kilometres from Melbourne CBD.
The property was sold with vacant possession.
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