THE PROPERTY OBSERVER INSIGHT
St Kilda's tallest building S.T.K apartments snapped up ahead of official launch
Caydon’s $200 million project and St Kilda’s tallest building, S.T.K., is already 50% sold, ahead of its official launch date later this month.
Located on St Kilda Road, the development will include 309 apartments and 19 townhouses upon completion.
The development is yet to be launched to the public but has secured sales through registrations of interest and previous purchasers of Caydon developments.
The 26-level building, made up of two structures within one façade, will house one- and two-bedroom apartments, as well as two-bedroom dual level rooftop terraces.
Two-bedroom townhouses will be located on Barkly Street.
One-bedroom apartments range in size from 50 square metres to 61 square metres and range in price from $380,000 to $527,000.
Two-bedroom apartments range in size from 64 square metres to 87 square metres and range in price from $560,000 to $842,000.
Townhouses on Barkly Street range in size from 68 square metres to 71 square metres and rooftop terrace townhouses range in size from 82 square metres to 100 square metres.
Townhouses range in price from $645,000 to $820,000.
Designed by Eades and Bergman, apartments will feature textured splashbacks, marble finishes, satin chrome fixtures and timber flooring.
Residents will have access to the S.T.K club, comprising of a 20-metre infinity edge pool, gym, steam room, yoga room, business lounge and a library.
“S.T.K’s appeal is its location and luxury build,” says Joe Russo, principal of Caydon.
“S.T.K offers an unrepeatable opportunity to live in this location and our architectural design makes the views a primary consideration with over 70% of apartments featuring incredible water and city views,” says Russo.
Caydon purchased the 2,827-square-metre site for $20.9 million.
Construction is scheduled to commence early next year with an expected completion date of late 2015.