A strong feature of the project’s locality is its central location to a number of Melbourne’s most prominent schools, including Toorak Primary School, Melbourne High School, and Melbourne Girls Grammar.
Ended
Melbourne
|
Victoria

Malvern

A strong feature of the project’s locality is its central location to a number of Melbourne’s most prominent schools, including Toorak Primary School, Melbourne High School, and Melbourne Girls Grammar.

Project Details
S$ 5 M
Funds Invested
3.47%
Nett Interest Rate Per Annum
5
Tenure (Months)
Monthly
Repayment Scheme
June 6, 2022
Loan Start Date
September 30, 2022
Loan End Date

Project Description

Project Location

Adjoining the prestigious suburbs of Toorak and the bustling South Yarra, Prahran is one of the premium inner city suburbs and is well serviced by retail and community amenities including local recreational, lifestyle and sporting facilities. Public transport is accessible with tram services along Malvern Road which provides access to the Melbourne CBD within circa 25 minutes. In addition, Hawksburn railway station is located 500 metres north of the subject site, affording quick access to the Melbourne CBD within circa 8 minutes.

Project Development

The proposed development was architecturally designed by Telha Clarke, with a contemporary design, incorporating a mix of 1, 2, and 3 bedroom apartments, with the majority being 3 bedrooms. Average apartment sizes are circa 110sqm with all but the 1 bedroom unit having external balconies/courtyards and the majority with two car parks allocated.

The interior of each apartment will be finished to high standard, with modern fixtures and fittings including Miele appliances, Astra Walker and Kohler tapware, Caroma bath ware, and LED lighting denoting a level of finishes that is considered in line, if not superior to the majority of competing developments in the surrounding area.

The immediate area is of mixed amenity, comprising along the main roads commercial and retail facilities amongst an established residential area characterised by older style housing and established flats. The immediate precinct around the development site has been subject to mixed use and residential development in the form of smaller boutique low rise developments. The development site is situated in close proximity to the highly-regarded Hawksburn Village with an abundance of retail amenities within walking distance, whilst the Chapel Street retail precinct and Prahran Market, are both located 800 metres to the west.

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The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.

Landen Construction Note

The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.
6.10%
nett p.a.
|
12
months
The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.

Broadmeadows

The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.
6.28%
nett p.a.
|
12
months
The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.

Mittagong

The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.
6.08%
nett p.a.
|
8
months
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