The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OfficeStaff WriterThu 09 Feb 17

Buyers Whet Appetite For Luxury Residence Prahran East Village

VIEW_03_LR_620x380

With a value exceeding $45 million, Goldfields' project '525 High Street' in Prahran East Village sold every one of its 46 luxury residences in less than 12 weeks.

Goldfields Chief Operating Officer Lachlan Thompson revealed they were quietly confident the apartments would attract a great deal of attention because of buyer appetite for Goldfields’ stylish design and luxury offerings.

He said the pace at which 525 High Street has sold highlights the appetite for product with an "enviable lifestyle on the doorstep and a visually stunning design".

“We have seen both the well-appointed one and two bedroom apartments to the enormous multi-million dollar penthouse fly off the books. It tells us that the luxury apartment market is alive and well for quality, highly considered product in Melbourne."The seven-storey building attracted particular attention from downsizers, empty-nesters, and professional couples – every buyer has been an owner-occupier - speaking volumes to the quality of the project and the unanimous appeal of well-designed homes.

“The charm of 525 High Street is the juxtaposition of perfectly designed residences with the lifestyle to match. The attention to detail by the designers, the acknowledgement of the heritage legacy present in surrounding areas and the existing lifestyle and ease of access to fashion destinations, restaurants and galleries, all made 525 High Street very desirable to buyers.”

525 High Street reflects Hecker Guthrie’s signature interior design style of attention to detail and features luxuries generally found in traditional homes, including an entry hall, butler’s pantry, traditional fireplace and even a designated bar.

All residences have a car park space – some have two or more spaces – with many also including a study area, laundry room, bar and additional storage.

For Goldfields, the sales success popularity indicates the desire in the market for great location and design in new projects, and has inspired the team to continue working on new high quality projects in order to replicate the figures experienced with High Street.

ResidentialAustraliaConstructionReal EstateArchitectureConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Exclusive

Paperwork to Plate: The Rise of Brisbane’s Midtown

Taryn Paris
6 Min
Wel Co's Thornhill Park, 40km west of the Melbourne CBD.
Exclusive

Waiting for Victoria: Why Wel.Co says State Planning isn’t Working

Marisa Wikramanayake
6 Min
Woods Bagot Principal Alex Hall and Penny Place Adelaide
Exclusive

Amplified Affordability: Woods Bagot Cracks Housing Cost Code

Leon Della Bosca
8 Min
Goodman Brisbane Industrial EDM
Exclusive

Olympics a ‘Springboard’ for Brisbane’s Industrial Age

Clare Burnett
6 Min
View All >
Burleigh Heads townhouse development EDM
Residential

Luxury Townhouse Plan Revealed for Burleigh Heads

Clare Burnett
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
It is less than 3 per cent of the sector but cold storage is heating up as the fund manager makes a $66.5-million acquis…
LATEST
Burleigh Heads townhouse development EDM
Residential

Luxury Townhouse Plan Revealed for Burleigh Heads

Clare Burnett
3 Min
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
3 Min
Ocean reef marina in perths northern beaches will include a new marina, business area, dining and homes
Development

Perth’s Ocean Reef Marina Development Site Sale Looms

Renee McKeown
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/buyers-whet-appetite-luxury-residence-prahran-east-village