Allure – St Kilda

ST KILDA “ ALLURE”

11-15 Wellington St, St Kilda

  • Est. Commencement – Mid 2011    Est. Completion –  End 2012
  • Situated on the northern side of Wellington St, with secondary access via Nelson St
  • Fantastic Blue Chip Location
  • Cosmopolitan Residential Development
  • Striking individual designed façade – perforated metal screens – butterfly design – 50 % visual –  sun / privacy blockout
  • 75 luxurious  1  plus study,   2 and 2 plus study bedroom apartments
  • Most apartments boast a large study area
  • Every unit has a car space and storage facility on title

Upper levels have views of Port Phillip Bay, CBD or Royal Botanical Gardens

PRICE RANGE

  • 1 plus study ( 49 – 52 sqm )- $400 – $500 ( depending on floor , higher floors have fantastic views
  • 2 bed  and 2 plus study   ( 70 – 80 sqm ) from $520,000 – $700,000   ( quite a number of units under $600K !!)

VIEWS ( indicative not guaranteed)

  • South – Wellington St – from level 3 , from level  5 bay views
  • West – from level 6 – water / lake views
  • North – Nelson St  – from Level  3 – city views

DEVELOPMENT

  • 7 levels        77 apts total – units feature:
  • Feature foyer – Curved  wave ceiling , walls with lounge , feature sculptures etc
  • Intercom and security entrance
  • Security Basement Carpark
  • Visitor Car Parking
  • Interior designed entry foyer – CARR DESIGN
  • Premier fixtures and fittings included –
  • Fly screens
  • UV Holland Blinds
  • Caesar Stone benches
  • Downlights with dimmers
  • Broadband/ Foxtel connections
  • Roger Seller tap ware / basins
  • Reverse Cycle Air Conditioning
  • Integrated Fridge and dishwasher
  • Integrated study alcove with adjacent book  shelf
  • Miele appliances
  • Glass Balcony Balistrades
  • Double Glazing – all units Nth facing and above level 6 and 7 on West
  • Floating floorboards to living areas
  • Choice of light and dark schemes

AREA

  • FANTASTIC Blue Chip Location  – CBD 5 km North
  • Size 3 sqkm   –  14 parks in St Kilda covering 17% of area
  • 2 schools, 4 childcare centres

St Kilda –  1 KM

Fitzroy St, Acland St entertainment , fashion , restaurant/ café and shopping precincts

Popular tourist destination for visitors with attractions such as St Kilda Beach, The Espy Hotel, Luna Park, Palais Theatre, Astor Theatre, Blessington Gardens, St Kilda Foreshore for  restaurants, watersports – kitesurfing , St Kilda Botanical Gardens,  Catani Gardens, Sunday Esplanade Markets and restuarants and St Kilda Pier

Home to several annual festivals – St Kilda Festival, Global Garden Party, Gay Pride March etc

Chapel St, Windsor   – 1 KM

Entertainment , fashion , restaurant/ café and shopping precincts

Albert Park Lake and Parklands – 500 m

Chapel St Prahran / Sth Yarra – 2 KM

Transport

Trams 16, 69 and 96

Key Arterials

Easily accessible to all parts of Melbourne

Adjacent to – Punt Rd, Dandenong Rd / Princes Hwy, Kings Way, West Gate / Monash Fwy, St Kilda Rd


DEMOGRAPHICS – ST Kilda – RP Data

2001 to 2006 population growth 4%

Predominant age groups 30 – 39 yrs and 20 – 29 years

Forecast change in age structure  to 2030 – 45 – 49 yrs  largest increase, followed by 30 – 45 yrs  and 50 – 54 yrs groups

Majority in professional occupation

63 % renting

UNIT Capital Growth – 46% since 2005

07 Growth – 13.8%, 08 Growth –  8.5%,  09 Growth – 5%, 2010 Growth 14.2%

Household Structure:

  • Lone Households –  48.2%
  • Childless Couples 21%
  • Total of 70 % living in small 1-2 person households !!!!!

Current median sale price of HOUSE is   $1,725,000

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