The trendy suburb of Brunswick is keeping up with Melbourne’s fast-paced property market with the refurbishment of its Barkly Square shopping precinct along with a new nearby apartment complex.
A brisk stroll from Barkly Square is the new apartment complex Albert Apartments (pictured below), by Grange Development Group.
Sitting opposite a 5,665-hectare park, the Albert Street complex will comprise 150 apartments, with nine of its own retail and commercial premises.
One-bedroom apartments are priced at $369,000 to $459,000.
Two-bedroom apartments are priced at $495,000 to $660,000, and three-bedroom apartments are priced at $759,000 to $839,000.
The site was previously owned by the Sires Menswear family since 1920 but was rezoned by the Moreland Council.
“We don’t build run-of-the-mill apartments. Our projects have a point of difference, which is apartments with large living spaces, 2.7-metre ceiling heights, plus quality fixtures and fittings,” says Grange Development Group director Daniel Casper.
“Together we have achieved apartments that are 10% larger than the average and also 10% cheaper than our competitors. It’s a great balance,” says Casper.
The demand for sustainable energy efficient developments means there are 110 solar panels on the roof, expecting to meet 50% of the estimated energy requirements.
Albert Apartments are designed by Carbott Holt Architects.
The Albert Apartments are being offered for sale off the plan through Knight Frank and Avion Properties.
Construction will commence in May 2013 with an expected completion date mid to late 2014.