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New Riverside Project Release
IronFish Property Investment Company

Riverside address in Brisbane's most prestigious suburb

Quality building by two of Australia's leading publicly listed developers

Only 6km from the CBD 

Part of Northshore - the largest urban renewal program in Brisbane

IronFish Property Investment Company
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Southbank (VIC) - New Project

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Property Summary

Location:                                 Southbank, Melbourne VIC

Type:                                        Apartment 

Expected Completion:         2012

Tenant Profile:                       Mainly professionals



PROJECT DESCRIPTION  

A beautiful and striking residential tower, this development is Melbourne’s latest and most exciting lifestyle address. Located within the highly sought-after inner city location of Southbank, it features a contemporary architectural design that truly celebrates its superb city and bay views.

This enviable position provides exceptional access to Melbourne’s very best lifestyle amenity, with CBD cafés, restaurants, retail shopping and public transport, plus the stunning Port Phillip Bay beaches, all within easy reach.

This development is the perfect balance in high quality residential real estate and lifestyle, designed to create a premium living environment. 

 

PROJECT FEATURES

  • The project features a stylish and contemporary selection of 1 and 2 bedroom apartments with spacious floor plans and abundant natural light through floor to ceiling windows in each apartment. 
  • Stunning interiors by iconic Melbourne design group Collectiv. The company’s Principal Cassandra Hill was responsible for designing the interiors of many of Melbourne’s best luxury residential projects including The Melbournian on St Kilda Road and Yara’s Edge at Docklands
  • Apartments feature fully integrated kitchens with concealed appliances - including refrigerator and microwave 
  • Stunning lifestyle facilities, the development features an architecturally designed swimming pool and a residents lounge 
  • 5 star energy rating - environmentally friendly design and construction 
  • Most apartments come with a carspace - highly sought after in the area

INVESTMENT OUTLOOK

Capital Growth:         

  • Southbank is one of Melbourne's most popular and established inner city suburbs with over 8,000 residents and a continually growing population for people who want to live on the fringe of the CBD 
  • Only meters from the new $1billion Melbourne Exhibition Centre, Crown Casino Entertainment Complex, the Yara River and trendy south Melbourne markets and shopping.
  • Unlike most Southbank projects, it is in an enviably quiet street - city lifestyle but without the “noise” 
  • Apartments will appeal to professional tenants, landlords and owner-occupiers due to their spacious design and should ensure strong growth over the long term

Rental Return:

  • Approximately 5%+ pa. 


"X" FACTORS / KEY GROWTH DRIVERS

  • Southbank is undergoing a $2 billion plus building boom surrounding this development. These projects include the new Melbourne Convention Centre ($1b) including a new retail and café precinct, Crown Hotel ($300m), Melbourne Theatre Company and Recital Hall ($120m) and beautification of City Road which will occur in coming years.
  • The Southbank Plan was approved by the Victorian Government to guide future and current public investment in the Southbank Arts and Entertainment precinct. The State Government has already committed $5million to the first project around the Sturt St, which will transform the area into a major pedestrian-friendly arts and cultural attraction.

For more information about the project, fill in your details below and one of our expert consultants will contact you.

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