Designed to deliver a lifestyle that matches the desirable Southbank location, Melbourne Square’s larger apartments are proving exceptionally popular among local buyers.
Since launching, the development has had interest across the board. All residence sizes have been in demand and enquiries have come in from local and overseas buyers. However, CBRE has reported that the prevailing trend shows a strong demand amongst the local demographic for the larger, three bedroom apartments.
The selection of residences that have three bedrooms not only boasts more square footage and more spacious living areas but also belong to the more high-end collection of apartments at Melbourne Square. Crafted by Carr Design, the luxury inclusions throughout these apartments elevate the interiors to a new level of indulgence, where aesthetic vision and functional innovation have come together to create a truly compelling offering.
That the influx of enquiries for apartments priced at over $1million shows no sign of stopping is a reflection of Melbourne’s current property market and the ongoing and growing demand for the lifestyle that a modern, high-quality apartment can offer.
The growing decision Melbournians are making to sell their big house in the suburbs and downsize by moving into an elegant new apartment is fueled by a couple of factors. An obvious pull, especially in the case of Melbourne Square, is location. Living in the heart of one of Melbourne’s most prestigious suburbs, of course, has its benefits.
Perfectly positioned on the banks of the Yarra River, residents will be able to reach the city in minutes, and also benefit from the area’s artistic influence and culturally relevant destinations, including Melbourne Cricket Ground, The Royal Botanic Gardens, and Crown Casino.
Another attraction is the increasingly luxurious amenity that modern apartment developments are offering their residents. With Melbourne Square, the offering is second to none. Residents will be able to enjoy the development’s swimming pool, sun deck, and bar lounge for an afternoon of ultimate relaxation. If the suburb’s creativity has inspired you, there’s a cinema and music room to channel your newfound artistry. And for the sporty types, there is a gym and yoga studio, table tennis, and even a golf simulator.
This trend towards offering a vast range of activities and facilities to residents, all within the building, has created a new type of living for Melburnians to aspire to. And in comparison, that back garden with a small trampoline that a house in the suburbs can offer becomes less attractive.
The beauty of buying into a new off the plan development like Melbourne Square is that no matter what size apartment you are buying, you will reap the full range of benefits. Local investors have been quick to acknowledge this, showing strong interest in the smaller apartments in the building with fewer bedrooms. And with one bedroom apartments starting from $471,700, it’s understandable why.