Apartment
FOR SALE Melbourne`s First New York Style Residential Tower In The Heart Of The Cbd
Melbourne Vic Australia
PRELIMINARY SYNOPSIS
The Premier Location
The tower is to be built on the west end of Collins Street, Melbourne CBD’s premier thoroughfare.
Its location is superb being nestled in amongst the centre of Corporate Melbourne and adjacent to the Rialto, the ASX and significant other corporate and government departments. A number of new corporates are making the flagship head offices in this location (i.e. Fairfax).
It is also a link between the CBD and the burgeoning Docklands precinct. Purchasers will have the benefit of having exposure to tenants from the Docklands (given the proximity) whilst still being in the centre of corporate Melbourne CBD. This dual tenant exposure will ensure strong rental demand and growth, underpinning the quality of the investment offering.
The Property is also adjacent to a significant amount of retail, be it fashion, food and entertainment. There is a large Coles within 300 metres, all the ancillary food and coffee shops, discount department stores, 500 metres to the world famous Crown Casino Complex and all the Southbank offerings (cinemas, world class restaurants, entertainment venues) and a short walk to the DFO and Harvey Norman stores next to the Melbourne Exhibition Centre.
This proximity to significant amenity is extremely unique in the CBD and Docklands. In fact, this is usually lacking in such locations. This proximity is a luxury and will set the projects location well apart from all other proposed projects. This also strengthens the investment offering – the luxury of the amenity. Access to public transport is excellent. With trams on Spenser, Collins and Bourke street effectively link the project to the whole CBD and all the suburbs. Access to Melbourne University and RMIT is on one tram. The New Southern Cross Train Station on Spencer Street links every suburb, being the hub of rail transportation in metropolitan Melbourne. Even Monash University is a short ride from here. Trams efficiently access the Docklands, Albert Park, and St Kilda beach.
The Project
The tower is to be an iconic skyscraper in the heart of corporate Melbourne CBD. It will be approximately 65 levels in height and will tower over all other surrounding buildings. The residential component will effectively commence at Level 30. This will afford every purchaser with spectacular views. The views will encompass the whole breadth of Melbourne. The South, South/West, North and North/West views are panoramic, taking in all of Albert Park, the beach and the bayside suburbs, through to the Docklands. Sunsets over the city will be spectacular. The Eastern views encompass the Yarra River, the lights of the city, the MCG (Melbourne Cricket Ground) all the way through to the Crown Casino complex.
EVERY APERTMENT WILL HAVE A VIEW
Between Levels 10 and 28 will be a serviced apartment/hotel operation, which will be of a high standard, attracting all of corporate Melbourne. The entire amenity will be on Levels 28 and 29 and the Roof. A spectacular pool will have a sweeping view, as will the steam rooms and sauna. There will be a gym, corporate facilities, bowling alley, a restaurant, café and other amenities. There will also be landscaped designed Roof Garden where residents can relax and take in the magnificent vista. It will be the only one in Melbourne at that height.
The Apartments
The apartments will be approximately 40 sqm to 85sqm There will be one bedders and two bedders, with a small amount of three bedders. There will be no studios. The minimum area of an apartment will be 40sqm. For purchasers requiring larger apartments, the merging and redesigning of units will be considered also on a case-by-case basis.
Car Parking
With the number of car parking spaces being increasingly restricted by the Melbourne City Council within the CBD, hardly any developers are now providing car parking spaces for any of their apartments, even for their two and three bedders. Collins Street will be guaranteeing on site car parking spaces on title for all the two, one plus study and a large proportion of the one bedroom apartments, hence further maximising the prospects of an investor securing a tenant and guaranteeing owner occupiers with an extremely precious and almost indispensable commodity which could only enhance the apartments capital gain potential over time.
The Developer
The developer has led many successful and large-scale projects in Australia and is in the BRW Rich 200 list. The financial strength and experience of the developer is almost sure to see this project join its ranks of accomplished quality icons for the Australian real estate market.
The Unparalleled Opportunity
Collins Street represents an opportunity not to be missed by investors and owner-occupiers alike. With the maximum stamp duty saving being available and settlement not estimated to be until early to mid 2013, now is the time for the discerning buyer to beat the general public and express their written bonafide interest in assessing this unique project that is destined to be an Australian icon. With the official release only several weeks away, if ever there was a project well worth the wait, Collins Street is without a doubt the one.
Registration Of Interest
To register your interest and be guaranteed to view and reserve an apartment before the general public, please contact Realcorp VIC on our phone number or email below.
Con Nichols 0418 992 228
cnichols@realcorpvic.com.au
RealCorp#CN80111
Price
To be advised
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Testimonial from Mr J Holmes, "Con Nichols has always carried out and followed up his commitment as a Real Estate Agent in all our dealings and always to a mutual and happy completion. Conís after sales service is always available, through to our setting out Strata Company Minutes and meetings to complete projects to Purchasersí and Vendorsí satisfaction. I have no hesitation in recommending and personally engaging Con Nichols as my Real Estate Agent."
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