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ResidentialLindsay SaundersWed 12 Oct 22

Developer Moves Ahead with $65m Kew Apartment Block

The Walton at Key by Carpe

A Victorian-based boutique developer is moving ahead with its $65-million residential project in a blue-ribbon Melbourne suburb.

Carpe’s The Walton received planning permission in July and is slated to begin construction of the three-storey project in June next year.

The developer acquired the 2570sq m site at 86-88 Walpole and 32 Eglinton Streets in the inner-eastern suburb of Kew in October last year. The site has 103m of street frontage.

The Warren-and-Mahoney designed block comprises 27 apartments in a mix of two and three bedrooms.

Carpe director Stuart Kacir said the vision for the project, which has been launched to market, had been to create an address that “celebrates Kew for both what it was and what it is today”.

“The property’s aspect is pretty amazing and we’ve worked with Warren and Mahoney to capitalise on the site’s positioning on the side of a small rise, perched above the horizon.”

He said the site had views to the Dandenong Ranges to the east while some apartments would look over the Yarra River bend.

Fellow director Tim Campbell, who co-founded Carpe with Kacir in 2016, said the oversized apartments would feature large master bedrooms, oversized robes, wide hallways and European oak flooring.

Renders of The Walton, a luxury residential project by Melbourne developer Carpe, to be built in Kew.
▲ Renders of The Walton, a luxury residential project by Melbourne developer Carpe, to be built in Kew.

The apartments’ “generous terraces and expansive gardens” as well as street entrances for ground floor apartments also spoke to the project’s high-end nature, he said.

Gardens for the ground floor and boxed greenery will be curated by landscape gardener, author and former Gardening Australia presenter John Patrick.

Carpe has specialised in higher-end residential developments in affluent Melbourne suburbs, including its Eaglemont Residences, comprising 13 apartments in three and four bedrooms in Eaglemont, 10km north-east of the city, that is due for completion late next year.

Also under way is its Grandview Brighton, with 10 three-bedroom apartments, due to finish early next year in the south-east’s Brighton, where the developer has already completed Brighton Est and The Brighton Collection.

Construction on the project is planned to begin later next year.
▲ Construction on the project is planned to begin later next year.

One of the Victorian capital’s upmarket locales, Kew is a magnet for high-end development with a number of projects under way and completed in recent times, including The Grounds of Kew by Beulah, 21 large-scale apartments across three levels. Also in the suburb is The Urban Developer Awards of Excellence shortlisted Oakwood, Kew by the Walker Corporation.

ResidentialAustraliaMelbourneMarketingSector
AUTHOR
Lindsay Saunders
The Urban Developer - News Editor
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Article originally posted at: https://theurbandeveloper.com/articles/carpe-kew-luxury-aparment-block-melbourne