Urban Inc’s newest venture, Oxley, will form a new micro neighbourhood within one of Melbourne’s oldest and fastest growing inner-city pockets.
The mixed-use development comprises 233 one and two-bedroom apartments and penthouses across four individually designed low-rise buildings connected by two laneways.
The $140 million project will also include three retail spaces totalling 300sqm and will provide residents and locals with access to retailers such as a produce store, café and wine bar.
Located in the heart of Collingwood at the junction of Stanley Street and Oxford Street, just one kilometre away from Melbourne’s CBD, Oxley is designed by renowned architects and interior designers
The four buildings - Tailor, Foy, Mason and Gibson - feature between 51 and 68 apartments and vary in height from four to nine levels.
Two-bedroom apartments are priced from $485,000 and are approximately 60sqm in size. Two-bedroom penthouse apartments are priced from $590,000 and are around 70sqm.
Urban Inc set out to create a long-term solution to the rising demand for property in Collingwood. A key consideration for Oxley was to provide an access point for Collingwood residents wishing to remain in the inner city rather than being pushed out by rising property prices.
With more than 30 tailored apartment types within the complex, first homebuyers and investors are expected to be attracted to Oxley’s mix of housing provisions.
Urban Inc director Tim Gurner says: “Oxley marks the intersection between two iconic Collingwood streets and has been designed to enhance the Collingwood experience. It offers access to eclectic lifestyle options and encourages the people who give Collingwood its unique style to remain in the community they want to be part of.”
While Oxley has been designed for the modern lifestyle, it pays homage to the historic terracotta masonry buildings of Collingwood’s Cambridge Street.
“Oxley offers subtle architecture inspired by its surrounds. The materiality used in this project is derived from the area’s manufacturing past…” says Callum Fraser, director of Elenberg Fraser.
The use of bronze glass reflects the rustication of the area and the charcoal oxide concrete allows the building to integrate into the local environment. Oxley’s façade adds a green edge with vertical gardens and climbing vines, complimenting the development’s indigenous planting, courtyards and winter gardens.
Apartment interiors’ feature simple clean lines and light-filled spaces framed by industrial-style materials and neutral colours. Interior palettes are available in a classic light modern scheme or a dark polished scheme. Buyers can upgrade to the luxurious Oxley industrial scheme, which features Miele appliances, track lighting, polished concrete, natural stone, timber and industrial stainless steel finishes.
All apartments feature a generous balcony and double-glazed windows.
Designer kitchens feature tailor-made joinery fitted with composite stone benchtops and sheet tile splash backs. Premium upgrade options are available and include natural stone benchtops and a stone splash back.
Large format wall tiles are used for bathrooms and residents can choose floorboards or natural stone tile for kitchen and natural stone or tile for bathroom flooring.
Oxley’s internal and external ground floor common areas provide residents with space to relax and entertain and reflect Collingwood’s rich history of furniture production with iconic pieces cast in stone throughout.
The sky terrace on level four features a swimming pool decorated with traditional Collingwood materials combining steel, masonry and glass. Views of Melbourne’s city skyline and surrounding gardens and heritage buildings feature prominently. Outdoor entertaining facilities include a barbeque area and secluded gardens overlooking Collingwood’s eclectic streets.
Oxley also includes 201 resident car spaces and 238 bicycle parks, including 28 designated visitor spaces at ground level within the laneway spaces.
Construction is scheduled to commence in late 2013 and is due for completion in mid-2015.