Monson Property Group has herald an innovative residential trend, 'flexi-living' with the launch of new development,
Located in Essendon Melbourne at 64-66 Keilor Road, Vivre will comprise 67, one- and two-bedroom apartments ranging from $375,000 to $550,000.
90% of the one-bedroom apartments feature flexible floor plan concept, which Monson Property Group partnered with award-winning architect
ClarkeHopkinsClarke to create.
The ‘flexi-apartment’ concept includes one-bedroom apartments that feature a space that can be easily transformed into a second bedroom, study or a larger living area through the positioning of a moveable wall.
“Buyers today are accustomed to a flexible lifestyle. They’re social and are constantly on the move, especially in the inner-city where they have cafes and restaurants on their doorstep,” said Monson Property Group Director Simon Mehegan.
“We’ve incorporated this lifestyle into the design and layout of Vivre, which is French for ‘live’. The flexi-apartments mean residents don’t have to move if they need a larger living space or if their life circumstances change – they can simply adapt the layout and turn the extra space into a second bedroom, dining room or study.”
Mehegan sees flexi-apartments as an affordable way for first-timers to enter the market.
“It’s become common for people to buy two apartments and merge them into one for more space but this is expensive. We’re turning this concept on its head and making added space affordable," said Mr Mehegan.
Sophorn En from Riveren
, the development’s marketing agent from specialist real estate firm said, “We’re essentially offering a two-bedroom apartment for the price of a one-bedroom, which is a huge leg up for first home buyers. It also offers astute investors the opportunity to secure a higher yield on what should be a one-bedroom apartment, but is offering the return of a two-bedroom.”
Vivre overlooks the city skyline and the Essendon parklands and each apartment will be open plan and light-filled, fitted with stone bench tops dressed with chrome fittings, timber floorboards, state-of-the-art stainless steel appliances and mirrored splashbacks to create a modern look and feel.
ClarkeHopkinsClarke architect Fei Chau
said simplicity was a key design component and was used within the interiors right through to the architecture.
“Our aim was to create a smart, simple and timeless space,” Chau said.
Construction is expected to start in September and is due for completion in March 2016.