A 43-level apartment tower opposite the Treasury Gardens will give residents of the 270 apartments a choice of views that take in some of Melbourne’s most famous landmarks.
The block, at 35 Spring Street, is being developed by Cbus Property, the construction arm of the building industry’s superannuation fund, which has undertaken other residential developments including at the old Herald and Weekly Times building in Flinders Street.
Designed by Bates Smart, the building – on the corner of Spring Street and Flinders Lane – has a glassy exterior stepped back. With 270 apartments that include 86 one-bedroom, 139 two-bedroom, 43 three-bedroom and three half-floor penthouses, there is a wide range that will draw a mix of buyers.
The one-bedroom apartments range in size from 59 square metres to 80 square metres and begin at $450,000. About 60 per cent of these will have parking.
Advertisement The 139 two-bedroom apartments all come with two bathrooms and are significantly larger than average, ranging from 90 square metres to 124 square metres. Prices begin at $750,000 and buyers have a choice of Park apartments with a Spring Street frontage and garden views or City apartments with views down Flinders Street and over the Yarra River.
Three-bedroom apartments are huge, from 160 square metres to 189 square metres, and all will face east over the Treasury Gardens. They begin at $1.5 million. Penthouses are about 330 square metres and begin at $6 million.
Buyers will have a choice of three interior colour schemes that are, essentially, neutral, formal, and a slightly bolder contemporary look. All apartments will have Miele appliances, reconstituted stone benchtops and timber veneer joinery.
There will be extensive resident facilities – similar to a five-star hotel, according to the marketing agents. On level nine, they include a lap pool with lounge area, gym and a deck with barbecue facilities, as well as a dining room with wine storage, a concierge and mail room, and a restaurant on the ground floor.
Two apartments – a one-bedroom and a two-bedroom – have been built and are on display on level 10 of the existing building, as well as a full-size display of a three-bedroom apartment’s kitchen and living area.
These provide an idea of the views and the quality of finishes. Inspection is by appointment through Colliers International (9940 7280, 0418 172 807). Construction of 35 Spring Street is expected to begin in 2014 and be finished in 2017.
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