Cementing its track record of delivering signature lifestyle developments in enviable inner city locations, Little Projects has today announced the sell-out success of its Central South Yarra development.
Adding a further 357 apartments to Melbourne’s famed Forrest Hill precinct, the project located at 2-4 Yarra Street, South Yarra is now completely sold out, over 12 months ahead of the building’s mid-2015 anticipated completion date.
Little Projects purchased the site from Stockland in May 2011 for $22.5 million. Stockland purchased the site for $26.25 million from Michael Yates in March 2008 before announcing its exit from the apartment market.
Little Projects Managing Director, Michael Fox said the 30 storey development located off South Yarra’s vibrant Toorak Road and Chapel Street precincts, has resonated with buyers seeking the ultimate lifestyle in a premier address.
“We are proud to see yet another project completely sold out prior to construction completion, delivering our purchasers their new home or investment ahead of schedule. This result is a real vote of confidence in Little Projects and our quality offering and has been our most successful project to date.
“The success of Central South Yarra demonstrates our continued understanding of delivering what our buyers are seeking in multi-residential living, as we continue to offer contemporary lifestyle developments in enviable inner city lifestyle locations,” says Fox.
This signals yet another sell-out prior to completion for Little Projects, with its nearby project, ILK South Yarra, located at 227-229 Toorak Road, South Yarra also selling out months prior to its construction completion in October 2013, along with its Halo development in Fitzroy Street in St Kilda completed in early 2013.
“Our buyers are assured of the quality of the amenity, through to the fixtures and fittings installed into each and every apartment. It’s this commitment to quality that sees loyal customers return to purchase in future projects,” says Fox.
Positioned in the heart of one of Melbourne’s most livable suburbs just 3.4km from the CBD, Central South Yarra residents will be spoilt for choice with access to parklands, trendy cafes and bars, renowned restaurants and the Yarra River. The Botanic Gardens and the fashionable Chapel Street shopping district are also on the doorstep.
The $220 million development successfully reinvents modern living, comprising of 355 contemporary one and two bedroom apartments and two luxurious penthouses, with a striking facade designed by renowned architects RotheLowman and apartment interiors by Plus Architecture.
The ultimate in luxury and convenience, this outstanding residential landmark features a world class resort inspired Rooftop Retreat exclusive to residents on level 30, complete with a large landscaped outdoor sky terrace where residents and their guests can enjoy the panoramic views whilst soaking up the sun.
Inside, a stunning shared kitchen is complimented by floor-to-ceiling windows looking out over the city; an intimate dining room provides the perfect space to host a dinner party with a ten-seater dining table; a lounge where residents and guests can unwind by the fireplace and relax in this intimate extension of their own living room.
A sky pool, a second sky terrace and a well-equipped state-of-the-art gym complete over 600m2 of amenity on the top floor, level 30, a space traditionally reserved for penthouse spaces. This incredible Rooftop Retreat has been provided for all residents to enjoy the incredible panoramic 360 degree uninterrupted views of Melbourne.
“Little Projects continues to push the bar higher with each new development and Central South Yarra demonstrates this perfectly. We knew we were offering something special to residents and that it would sell quickly. The construction progress onsite has been excellent, we are really excited to be welcoming new residents to this building next year,” says Fox.