Developers Join Forces In Approval Push

Spacious Property Group and Hayball have joined forces to create the developer's next two apartment projects in Melbourne.

Yet to receive developmental approval, St Kilda and West Melbourne are set to feature the respective mid-rise projects.

The St Kilda project will stand on a 2,110sqm site at 54-60 St Kilda Road acquired by the developer in early 2016 for a reported $13.7 million.

The current low-rise commercial complex will make way for a 10 storey residential building holding 103 dwellings, including apartments, townhouses and three bedroom penthouses.

504 sqm of retail space is spread across the design's St Kilda Road frontage, whilst the facade features an urban lighting installation involving colour-programmed LED luminaires set behind perforated vertical metal screens.

According to Hayball, key attributes of the property’s location and employment drivers are:

• Located within the St Kilda Junction offering a range of public transport and road
  networks linking St Kilda to the CBD and Metropolitan Melbourne.
• Within walking distance (1.2km*) to the iconic St Kilda Beach, offering spectacular
  lifestyle amenities along with multiple cafes and beach side restaurants.

• Located just 6km from the Melbourne CBD with multiple tram routes and St Kilda
  Road providing direct access the world’s most liveable City.
• 200m from Fitzroy Street, one of Melbourne’s busiest precincts, the street is filled with
  bars, cafes and restaurants, it is a popular spot for both locals and visitors from all over
  the world.
• Around the corner (780m) from the internationally acclaimed Chapel Street, providing
  an abundance of world class retailers, cafes, restaurants and bars.