Developer Aims Higher with Camberwell Amendments

A Melbourne-based developer wants to add three storeys to its planned large luxury apartment project in a key eastern suburb.

Developer Royal Fund has filed amendments to its plans with the City of Boroondara to take the residential tower, called Bijou, from 9 to 12 storeys, and 37 to 53 two-bedroom apartments.

The development is being proposed for an 840sq m site at 699-701 Burke Road, Camberwell, 10km east of the CBD.

A cafe is included in the plans as well as 80 basement level carparking spaces, 20 bicycle storage spaces and six motorcycle parking spaces. Car stackers are included in the basement.

A gym and fitness centre and rooftop communal garden are also part of the plans.

The site is close to three schools as well as the Swinburne University and the Hawthorn Aquatic and Leisure Centre.

Read Garden and Lower Reserve are also nearby as is the Camberwell Train Station and a tram line.

The project is forecast to cost $48.5 million.

▲ A render of the previous tower planned for the site in Camberwell.

There is a single-storey warehouse built in the 1970s on the site currently.

CoreLogic property records list the site as last exchanging hands in November, 2015 for $5.7 million with settlement in February 2016. It does not list the vendor or the buyer.

ASIC records list Zi Chuan Bai as the director of the company Royal Fund 699 Burke Development Pty Ltd with Naidong Ma and Zi Chuan Bai as joint shareholders.

Zi Chuan Bai is also listed as a director for Royal Fund 699 Burke Land Pty Ltd with both companies registered at the same Zetland Road address at Mont Albert.