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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

Malvern

Melbourne
|
Victoria

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.

3.47%
p.a.
∙
5
months
∙
S$ 5 M
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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