This article is from the Australian Property Journal archive
THE remainder $130 million collection of luxury high-rise city apartments with 360-degree views of Melbourne’s CBD have been launched after most were sold off-market.
Developer ICD Property’s “Aspire Residences” have been developed in collaboration with world-renowned interior designer David Hicks and include 73 penthouse, sub-penthouse, full floor and quarter floor apartments.
They occupy the highest 15 levels of the 65-storey, $440 million Aspire Melbourne tower at 299 King Street, which is being developed with commercial project financier MaxCap.
All residences have been bespoke-designed by David Hicks, with penthouse and sub-penthouse purchasers privy to exclusive one-on-one design meetings with David Hicks to custom tailor their home to taste.
Residents will have exclusive access to Aspire Melbourne’s amenities such as whiskey and champagne bars, which are separate to the general amenities located on lower grounds accessible by the whole building.
ICD touts Aspire Melbourne as the city’s last super tower, granted a permit prior to the Victorian government’s change to planning regulations in 2016 that lowered plot ratios.
Aspire Melbourne’s residences collection has sold 80% of available stock to date via off-market deals.
Construction kicked off in May last year and is a week ahead of its schedule.
An archaeological dig at the site last year found six-room sandstone cottage used as a 19th century girls school and thousands of artefacts dating back to early European settlement, as well as remnants of shops and warehouses that were used as grain stores, grocers, stables, spirit merchants, and hay merchants.
ICD and Singapore-based partner First Sponsor Group have just lodged plans for a 50-storey mixed-used development and revitalisation of the City Tattersalls Club site in Sydney’s CBD.
The stage two development application include plans for a 101-room hotel and 241 high-end residential apartments, new club facilities such as ground floor retail, an upgraded lower bar and grill, new restaurants, a commercial fitness centre, and event spaces.
