Melbourne CBD

The Peak is the latest Melbourne CBD development from the property developing Auriton Group.

The $102 million building, rising 140 metres above La Trobe Street, has been a landmark addition to the city skyline since its completion in mid-2020 due top its strikingly thin design.

The Peak homes 177 apartments across its 43 levels, with just four apartments per floor, resulting in each apartment having a corner aspect.

Urban has taken a look at five reasons why The Peak should be on a buyer&#39;s shortlist.

[smartcode_project:default project_id=2905 project_image_fid=162748]

1. The Location

The Peak is located at 141 La Trobe Street, on the quieter north-eastern side of Melbourne just off Carlton Gardens.

Within short walking distance of The Peak is the State Library Victoria, one of Melbourne&#39;s most impress heritage-listed buildings.

The transport options&nbsp;are immediate, with bus and tram stops located at the foot of the building.

2. The Value Proposition

The Peak has been reasonably priced given its location and apartment prices of surrounding apartment developments.

Nearby developments are selling between 20 per cent and 40 per cent higher than The Peak.

[smartcode_project:default project_id=2905 project_image_fid=162746]

The Peak is also located just off Spring Street, one of Melbourne&#39;s premier apartment addresses.

3. The Stamp Duty Savings

The Victorian Government announced in the budget that all apartments&nbsp;within the City of Melbourne that had been built for 12 months or longer would see $0 stamp duty paid by buyers.

The concession only applies&nbsp;for apartments under $1 million.

The Peak just falls in to the category, having finished construction just over 12 months ago. The most expensive apartments remaining in The Peak are the two bedrooms which max out at $767,000 for the biggest floorplates.

[smartcode_project:default project_id=2905 project_image_fid=163853]

4. The Architecture

The Peak was designed by the national architecture firm&nbsp;Plus Architecture.

&quot;The design focus was to create the highest quality of luxury apartment living with an engaging eastern fa&ccedil;ade providing uninterrupted views to Carlton Gardens and beyond,&quot; Plus Architecture advise.

&quot;The Peak is located at the very heart of Melbourne and forms a dramatic pinnacle within the urban fabric of the city.

[smartcode_project:default project_id=2905 project_image_fid=163859]

&quot;The striking eastern fa&ccedil;ade, comprising triangular forms and abstract shapes, creates a signature building in this part of town.

&quot;With its striking jagged peak towering above, the edge to the glass tower forms a sharp triangular point, framing views over the city skyline and Carlton Gardens beyond.&quot;

5. The Investment Potential

Since The Peak has been completed, and despite the raft of COVID-19 induced lockdowns, landlords have continued to see a solid take-up in the apartments held by investors.

There&#39;s currently long terms tenants in The Peak, as well as short-term, those who are seeking to stay in the Carlton Gardens location for a slice of the price as surrounding developments.

The pool of owner-occupiers and tenants tend to be the young professional demographic, who want to stay away from Melbourne&#39;s busier areas but still want to be within walking distance to the action.

Auriton are also offering a rental guarantee for investor purchasers.

The Peak homes 177 apartments across its 43 levels, with just four apartments per floor, resulting in each apartment having a corner aspect

Joel Robinson

Five reasons The Peak in Melbourne should be on a buyer's shortlist

Located in the hive of Preston, Due North is the latest residential offering to hit High Street.

The architecturally designed apartment boasts rooftop living, Melbourne views and spacious apartments.

Urban takes a look at seven reasons you should consider securing an apartment at the project.

1. Located in a vibrant neighbourhood

[smartcode_project:default project_id=5502 project_image_fid=155335]

From its artisanal caf&eacute;s to trendy breweries, Preston is a cultural, foodie and retail hotspot beloved by Melburnians.

Situated within 20 minutes of the Melbourne CBD, residents at Due North can enjoy the diverse choice of restaurants, bars, fashion stores found on High Street.

Preston&rsquo;s dynamic population helps foster a sense of community and charm, and the suburb is well-serviced by lush parks and convenient transport options.

2. Delivered and designed by Caydon

[smartcode_project:default project_id=5502 project_image_fid=155342]

The 12-storey apartment is delivered and designed by the privately-owned Melbourne developer, Caydon.

The group manages every aspect of its projects from architecture and interior design, sales and development to its settlements team.

With $4 billion in the development pipeline and $2 billion in completed projects, Caydon have established themselves as a trusted Victorian developer.

3. Commissioned artwork by an Australian artist 

<a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" height="1104" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-10_at_12.18.45_pm.png" width="1848" /></a>Due North has teamed up with Melbourne born, Brooklyn-based artist and illustrator, Brogola, who is known for large-scale outdoor art and street murals in New York.

Customised exclusively for Due North, the artwork will reveal Brolga&rsquo;s unique characters and bold palette that reflects the heart and soul of this vibrant community.

&ldquo;The piece that I&rsquo;ve created for Due North is a snapshot of daily life in the Preston area. It contains traces of everyday city life with mixes of nature flowing through it, similar to that area of Melbourne&rdquo;, Brogola said.

4. Spacious apartments

[smartcode_project:default project_id=5502 project_image_fid=155333]

Offering 107 apartments, Due North is thoughtfully designed and inspired by the industrial past of Preston.

The fa&ccedil;ade features raw brickwork, exposed concrete, custom metalwork and glass.

&ldquo;Floor-to-ceiling windows flood the apartments in sunlight, while the spacious balconies offer a sense of freedom&rdquo;, the project marketing reads.

Other features of the apartments include timber flooring, reconstituted stone benchtops and the choice to include additional study or balcony sizes to match your needs.

5. Stunning views and great amenities

[smartcode_project:default project_id=5502 project_image_fid=155331]

Due North offers residents the chance to make the most of Northside living, boasting rooftop space, a coworking area in the lobby and three retail spaces.

&ldquo;There&rsquo;s been a shift in the way we work, which has been reflected in the spaces we&rsquo;ve designed for Due North&rdquo;, said Giuditta de Santis, Caydon&rsquo;s director of architecture and design.

The unique rooftop features a pool, an outdoor gym, yoga space, seating area and entertainment booths with barbeques.

6. Great rental returns

<a href="/buildings/due-north-preston-70-82-high-street-preston"><img alt="" height="926" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-10_at_12.25.14_pm.png" width="1504" /></a>

Preston is highly sought-after by investors thanks to its affordability, and opportunities for great rental returns.

The Northside suburb offers one of the best rental returns and also the best overall return on investment thanks to strong rental yields.

&ldquo;Everything is close at hand in this suburb&rdquo;, the project marketing reads.

With a walk score of 91, residents are within snacking distance of the best bars, cafes and restaurants, and moments away from retail, schools and parks.

7. Sustainable considerations 

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Caydon is committed to sustainability, with a strong track record in delivering developments that reach a minimum 6.5-star energy rating.

The Due North project boasts environmentally conscious features and is designed to decrease your energy consumption; helping you save more on your next power bill.

Features include rooftop solar panels, bike space, increased insulation, rainwater harvesting and high-performance glazing.

Urban takes a look at seven reasons you should consider securing an apartment at Due North

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Seven reasons to secure a new apartment in Preston at Due North

The Shakespeare Group are offering a number of incentives for buyers in their recently completed Melbourne CBD collection of towers St. Boulevard.

Buyers at St. Boulevard, which was&nbsp;shortlisted as a finalist for Development of the Year High-Density Residential in 2020, can currently buy an apartment with just a five per cent deposit, the other five per cent matched by the developer.

The Shakespeare Group are also waiving fees for the first year of ownership, as well as offering buyers a white goods package and a voucher for the pricey furniture house Coco Republic.

[smartcode_project:default project_id=1260 project_image_fid=80580]

The offers apply for the development&#39;s completed one and two bedroom apartments. One bedroom apartments start from $433,500, with two bedders priced from $830,000.

Elenberg Fraser designed the three glass-swathed towers,&nbsp;Magnolia,&nbsp;Anaca and&nbsp;Ginko, which have 403 apartments each with a kitchen finished in natural stone.

Each apartment has views, either toward the CBD, over the treetops of St Kilda Road, out to Albert Park Lake and Port Phillip Bay&nbsp;or the poolside garden view.

The heated lagoon and lap pool is one of many luxury amenities on offer. In the pool area there&#39;s resort-style pavilions and water sun beds, while also outside there&#39;s barbecue pods, garden seating areas and an outdoor children&#39;s play area.

There&#39;s a number of informal and formal lounges and reading rooms, private dining rooms and a kitchen as well as a gym complete with heated spa, sauna and steam room.

Elenberg Fraser designed the three towers, Magnolia, Anaca and Ginko, which have 403 apartments each with a kitchen finished in natural stone.

Find out what incentives The Shakespeare Group are offering at their newly completed Melbourne apartment tower St. Boulevard

Melbourne Quarter is one of the most lavish completed&nbsp;developments located in the&nbsp;heart of&nbsp;Melbourne&rsquo;s vibrant CBD.

As we near the end of the First Home Buyer and HomeBuilder Grant,&nbsp;Urban have put together ten reasons why you might like to consider purchasing a&nbsp;home in&nbsp;the Melbourne Quarter development.&nbsp;

<h2>1. Developed by the Lendlease Group</h2>

The project&nbsp;is being developed by Lendlease, a multinational company headquartered in Sydney, with a&nbsp;very strong track record across Australia, Europe, the Americas and Asia.

They have won a number of awards&nbsp;across numerous Sydney and Melbourne projects and remain one of the&nbsp;most sustainable real estate funds in the world.

<h2>2. International design&nbsp;firm Fender Katsilidis have architected&nbsp;the building</h2>

Fender Katsalidis once a Melbourne-centric architectural practice, and now&nbsp;a highly awarded, multi-disciplinary international design firm is responsible for the architecture of this&nbsp;project among many others.&nbsp;

<a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_quarter_full.jpg" /></a>

They have their stamp on renowned&nbsp;developments such as&nbsp;Australia 108, Flinders Bank, Fulton Lane and High Society just to name a few.

<h2>3. Three whole floors of resort-style amenities. &nbsp;</h2>

The project includes a hotel-style lobby, concierge and exclusive access to Club MQ, which also means access to the three entire floors of resort-style amenities on offer.

[smartcode_project:default project_id=3459]

<h2>4. The Melbourne Quarter precinct</h2>

Melbourne Quarter offers residents more than just the one East Tower currently on offer. It is a sprawling&nbsp;2.5-hectare site dedicated to public open space, surely to be&nbsp;named Melbourne&rsquo;s greenest city precinct, with a mix of both retail and parkland on offer for residents.

<h2>5. $458,000 is below the Melbourne CBD&#39;s median apartment price</h2>

Home buyers can enjoy a one-bedroom, one-bathroom apartment in the Melbourne Quarter for as low as $458,000, below the $490,000 median apartment value, calculated by realestate.com.au

<h2>6. Range of luxury residences&nbsp;available</h2>

Currently on offer in the Eastern Tower of the Melbourne Quarter&nbsp;is a collection of spacious one and&nbsp;two-bedroom architecturally designed apartments, with a range of price points from $458,000 all the way to a pricier $1,032,000.

<a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_quarter_apt.jpg" /></a>

<h2>7. Located in the heart of the Melbourne CBD</h2>

Bordered by the renowned Collins and Flinders Streets, Melbourne Quarter offers residents the convenience of living in Melbourne&rsquo;s vibrant CBD at affordable prices for first home buyers or investors.

<h2>8. Nearby developments of a similar quality are more expensive</h2>

For example another development with top of the line amenities, R. Iconic has&nbsp;prices starting from $507,000, across their range of one, two and three bedroom suites.

Or the similarly lavish&nbsp;The Docklands Residences which&nbsp;sits atop a brand new 8-floor Marriott Hotel and offers a number of luxury amenities.

<h2>9. The Melbourne CBD will always be in demand</h2>

The Melbourne CBD has overall managed despite&nbsp;downturn predictions of the market and may have even seen price values grow if not for&nbsp;on and off state-wide lockdowns. In fact a number of economists are extremely optimistic Melbourne prices which are&nbsp;tipped to climb by 8 per cent this year followed by 10 per cent in 2022.

A number of economists predict the battle between banks for new customers and the successful rollout of the coronavirus vaccine may super-charge even the national property market.

<h2>10. Views from your future home</h2>

Many apartments in the&nbsp;Melbourne Quarter hold sweeping views across both the city and skyline.

<a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_quarter_view.jpg" /></a>

Learn more and <a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands">enquire with Urban&nbsp;about the Melbourne Quarter</a>.

jordan_55689

10 reasons to buy a brand new home in the Melbourne Quarter

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Developed by award winning developer, Evolve Development and designed by award winning architect, SJB Architects, BOTANIC is the 5th residential project collaboration for this team. BOTANIC is seen as a further contribution to the growing reputation of Melbourne as one of the world’s most liveable cities and Evolve Development, along with SJB Architects are proud to be associated with and contribute to this significant project.

<figure><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/botanic-25-27-coventry-street-southbank-5aac16a2face4b073cb0275e3b7020ee.jpg?itok=ohJyvEeR" style="width: 580px; height: 290px;"></figure>Designer apartments comprising 1,2,3 and 4 bedrooms all with abundant natural light and supreme quality finishes including timber flooring to the kitchen and lounge areas, stone benchtops and Miele appliances. 
Choose from three beautifully conceived colour palettes, expertly designed by SJB.

Botanic Melbourne offers magnificent northern views towards the city skyline and eastern views over the Royal Botanic Gardens, providing an opportunity rarely available so close to the city centre. Upon arrival into the lobby, you are greeted by elegance and luxury. The inclusion of a dedicated business hub with a boardroom and private meeting room on a mezzanine level provides residents with an impressive work space.

<figure><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/botanic-25-27-coventry-street-southbank-bf57a72abe439aa17eec926ce693eff1.jpg?itok=qV4Xg7Mu" style="width: 580px; height: 232px;"></figure>Amenities are plentiful with premium shared facilities on level 5 including a serene garden retreat with BBQ, fireplace and outdoor dining, luxurious swimming pool, residents kitchen and dining area, lounge area, well-equipped gym, and beautiful landscaped surroundings.

<figure><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/botanic-25-27-coventry-street-southbank-1606e0979c13036c50f7ee37cb2ffd71.jpg?itok=0yQHpnh4" style="width: 580px; height: 290px;"></figure>Live close to the exciting CBD and feel the thrill of the Arts Precinct and the calm of the Royal Botanic Gardens. The historic and cultural significance of the immediate surrounds ensures the magnificent views from these luxurious apartments are protected and will remain interrupted.
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urban.com.au

Southbank - Endearing off-the-plan opportunities for Melbourne's hottest new development

<html><body>Olea is located in Mill Park, one of Victoria's fastest-growing suburbs within the new Mason Point community. The residences are adjoined by vast reserves and parklands, nestled in a safe and lush botanic community combining amenities and effortless connectivity. 
Mason Point is a mixed-use development located in Melbourne’s north in the heart of the South Morang Activity Centre – situated on the corner of Plenty Road and Bush Boulevard. Upon completion it will provide a prime location for both residents and employees. 
It offers excellent opportunities for residential, commercial and retail investments. Comprised of 52 apartments and 7 retail tenancies at ground level, Release Six will be the tallest structure in the Mason Point Precinct reaching six storeys. The corner apartments on level four provide stunning, uninterrupted views of Melbourne City, while Mason Point is only 23 kilometres from the CBD. Olea is reshaping Melbourne’s affordable luxury residential future. 
Internal floor spaces range from 73sqm to 84sqm with balconies ranging from 10sqm to 49sqm. Each of the boutique residences boasts superior finishes, including island benches, stone bench-tops, and integrated European appliances to reflect contemporary tastes. 
All residences come with secure undercover carparks and homes are built using finishes and fixtures that are thoughtfully chosen for today’s modern living. 
Olea has also sold off large retail tenancies, meaning purchasers will have a range of lifestyle, retail and eateries available at their doorsteps. 
Olea is now complete and ready to move in! 
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Affordable Luxury in one of Melbourne’s fastest growing suburbs

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Gardenia Apartments is a boutique collection of 74 contemporary one and two bedroom residences in Clayton South, just 20 kilometres from Melbourne’s CBD. 
This impressive development offers a unique community lifestyle with the convenience of nearby retail, public transport, education and employment opportunities. 
Located within the prestigious Jackson Green master planned community, Gardenia Apartments comprises stylish new apartment living in the leafy south eastern suburbs. 
A perfect home or investment opportunity in a first-class development, designed by award-winning architects DKO and developed by Cedar Woods. 
Gardenia Apartments are now 100% settled. 

<a href="/buildings/aster-apartments-456-haughton-road-clayton-south">Aster Apartments</a> are now the final release available within Jackson Green. <a href="/buildings/aster-apartments-456-haughton-road-clayton-south">View more details.</a> 
Located in the heart of Clayton South, Gardenia brings the convenience of accessible transport, leading schools and shopping precincts to residents within walking distance.

Along with the recently completed upgrade to Clayton Train Station is the extended Djerring Trail for pedestrians and cyclists which weaves through and around new urban parks that follow the train line, connecting Gardenia Apartments to nature and convenience. 
Monash University and Australia's fashion capital Chadstone are also a short drive away. 
 
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Boutique collection of one and two bedroom apartments at Jackson Green

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With a clarity of architectural intent and a presence that is both memorable and distinguished, Light Edge is a stunning residence of 31 apartments over 6 levels. Situated less than 3 kilometres from Melbourne’s Central Business District (CBD) and upon the nexus of Melbourne’s most vibrant cultural and food hub, Light Edge offers a unique and enviable theatre of experience for residents.

<ul>
<li>Coveted location in the heart of Richmond.</li>
	<li>Well designed and spacious apartments.</li>
	<li>Maximised natural daylight in living spaces.</li>
</ul>
Light Edge’s considered mix of one and two-bedroom residences offer both a sanctuary and stage for residents looking to participate in the magnetism of local bars, nightlife and restaurants or curate an in-house entertaining experience. Carefully considered spaces are framed by a selection of generous balconies that offer stunning views over Melbourne’s city skyline to the West and South West while Northern balconies connect residents to the energy of the surrounding streetscape.

Both striking and luxurious, residents are welcomed into curated spaces of exquisite materials and finishes including stone, polished chrome and beautifully considered oak timbers. Light Edge’s interior design responds to the demands of contemporary urban living, while car and storage facilities deliver convenience and security.

Supporting a seamless transition between inside and outside spaces, Light Edge’s oscillating and geometric facade provides the discretion required for inner city living while maximising the natural daylight from the North. A palette of alternating black and white textured walls are offset by a stunning black metal entrance creating a statement of contrasts – light and dark, liberation and restraint, sunlight and shadow.
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Light Edge is a stunning residence in Richmond, complete and ready to move in

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Perfectly situated within walking distance to Flagstaff Gardens, Queen Victoria Market, and the free tram zone, <a href="https://www.urban.com.au/buildings/melbourne-grand-560-lonsdale-street-melbourne" target="_blank">Melbourne Grand</a> offers the coveted inner-city lifestyle. 

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/c5e7h7OFJk0" width="660"></iframe>

<h2>MELBOURNE GRAND AT A GLANCE</h2>

Developer: <a href="https://www.urban.com.au/developers/central-equity">Central Equity</a>

Location: 560 Lonsdale Street, Melbourne VIC 3000

Number of residences: 652

<a href="https://www.urban.com.au/buildings/melbourne-grand-560-lonsdale-street-melbourne" target="_blank"><img alt="" height="2560" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/04-vs-melbgrand_type_a3_4313_kitchen_lowres.jpg" width="3840"></a>

Many apartments offer sensational views, with luxurious Miele appliances, marble look splashbacks and high gloss joinery, with ample storage, dual sinks with quality German tapware.

Living areas are generous, with plush carpet and high ceilings, The modern open plan layout, makes the most of the panoramic city views via floor-to-ceiling glazing, extending to private sheltered balconies. 

Bathrooms include semi-frameless showers, with wall hung vanities, large format tiles and an expansive mirrored storage cabinet. Concealed behind bifold doors you'll find your own laundry, with plenty of storage for linen and towels. 

The large double bedrooms offer the most exquisite city views, with plenty of natural light. Some bedrooms also include integrated wardrobes, with floor-to-ceiling mirrored sliding doors. 

<a href="https://www.urban.com.au/buildings/melbourne-grand-560-lonsdale-street-melbourne" target="_blank"><img alt="" height="2560" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne-grand-560-lonsdale-street-melbourne-bf8915aa6de55755e8b86775de250aad.jpg" width="3840"></a>

An entire floor has been dedicated to providing resort-style facilities for residents, including a large kitchen and dining area, perfect for entertaining friends and family. A fully equipped boutique cinema provides the perfect space to relax and enjoy a movie, and the state-of-the-art gymnasium means you can give up your gym membership and instead, exercise at home. 

And that's not all, Melbourne Grand also includes a swimming pool, a 24-hour concierge service, barbeque facilities and more for residents to discover. 

Love the look of Melbourne Grand? <a href="https://www.urban.com.au/buildings/melbourne-grand-560-lonsdale-street-melbourne" target="_blank">Request a call from a Central Equity sales consultant</a> today via Urban.
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Olivia Round

Urban's tour of a completed Melbourne Grand apartment

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Amid the economic uncertainty and lockdown environment, the property market in the Melbourne CBD continues to feel the pandemic pinch, according to the November Herron Todd White residential report.
Their latest market report found, the volume of prime sales has declined by 25 per cent compared to the first quarter and average days on market for prime property in Melbourne increased from 86 days to 90 days in the June quarter. Moreover, COVID restrictions have redirected buyers’ minds on their priorities and lifestyle. Along with the decline in international migration, we expect the housing market in the Melbourne CBD to remain stalled in the near future.
Compared to last year, the volume of prime property sales has dropped significantly. Highlighted below are the city centre’s highest priced transactions to date and highest current listings on the market.
23 Guildford Lane (pictured), Melbourne was the highest priced house sale in 2020, selling for $2.815 million in February. This luxurious townhouse features three bedrooms, two bathrooms and parking for two cars and is located in the heart of Melbourne’s CBD within a short distance of Melbourne Central, Emporium, RMIT University and Queen Victoria Market. This four-level residence offers three bedrooms, two bathrooms and a private double garage. This property spent only 39 days on the market and is currently leased for $1000 per week.
The highest selling apartment was 12/181 Franklin Street, Melbourne. This property was sold in August through an online auction for $1.68 million, which was $330,000 above the reserve price. The apartment offers over 170 square metres of internal area with two oversized double bedrooms, two bathrooms, an upper mezzanine work-from-home space, large laundry and wine store.
Currently, the highest priced listing is an apartment located at 292/299 Queen Street, Melbourne, with an asking price of $3.75 million. The vendor purchased this property for $4.25 million in May 2019. Located in Republic Tower, the apartment was personally designed by Nonda Katsalidis and offers 350 square metres of unsurpassed living with two bedrooms, two bathrooms and two car parking spaces. The property has been listed on the market since May 2020.
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