Salta Properties has commenced construction of its $350 million luxury residential development, The Park House.
Ideally situated on the banks of the Yarra River at 627 Victoria Street, Abbotsford, The Park House will provide residents with superior apartment living in inner-city Melbourne when it is completed in 2019.
Designed by world-renowned architects SJB, The Park House will feature facades accentuated with curved podiums and sculptured balconies, providing residents with superb views of the city and surrounds.
Construction company Icon Co is responsible for building the two residential towers that will house 539 premium apartments.
Each residence will also have access to a private courtyard landscaped by TLC landscaping, who have selected a range of native and indigenous trees and plants to complement the existing flora along the Yarra.
Salta Properties’ Managing Director, Sam Tarascio, said that the company was excited to see construction in progress.
“We are eager to see our new residential development come to life and create homes that will truly exemplify luxury inner-city living in Melbourne.
“Salta Properties prides itself on building first-class residential apartments that reach new heights both in functionality and style,” said Tarascio.
The Park House is Salta Properties’ fourth residential project in the Victoria Gardens Precinct and will provide residents with a piece of prime real estate, where they can experience riverfront living without sacrificing proximity to the CBD.
The Park House features state-of-the-art amenities with a designated residents’ lounge, library finished with plush velvet and sand wood panelling, golf simulator, movie theatre, gym, bike workshop, children’s playroom and two pools.
Apartments range from one bedroom to three bedrooms and are fitted with quality Gaggenau kitchen appliances.
Respected interior design group Carr Design has created a luxurious and contemporary feel throughout the interiors, with light and dark palettes and bronze and marble bathroom detailing.
On completion, the development will feature four retail spaces fronting Victoria Street as well as a contemporary café.
Salta Properties will also enhance and open up access to the parkland and active transport links on the banks of the Yarra River as part of its continued support of the local community.
The Park House aims to attract owner-occupiers, downsizers, first home buyers and investors who are looking for a slice of luxury close to the city. One-bedroom apartments are priced from $435,000 and three bedroom apartments are priced from $779,000.
The Park House display suite has been custom-built, overhanging the Yarra River on the corner of Walmer Street and Victoria Street in Abbotsford. It is open daily from 11.00am – 3.00pm or by appointment.
To find out more or to book an appointment, please enquire on The Park House listing.