Prices Revealed For One-Per-Floor K1 Apartments


Prices have been revealed for the exclusive one-per-floor K1 residential apartments located at 1 Union Street, Melbourne, with prices from $2million to $3.6million, according to The Australian Financial Review.

K1 - delivered by Russian-backed developers, Optimus - overlooks Albert Park Lane and is comprised of 13 full-floor apartments, each over 175sqm. The design has been inspired by the surrounding lush parklands and features full-grown trees, which will be deep planted on the K1 facade – the effect of which will be glorious gardens aloft in the air.

Crowning the b building will be a stunning penthouse with a 135 sqm entertainment terrace, sleek rooftop lap pool and breathtaking 360-degree view.

According to The Australian Financial Review, three residences have been sold to local buyers before the official launch of the project this week.


K1 residential apartmentsDeveloper Andrew Karpati, Chief Executive Officer of Optimus Developments, said “Fully delivered by Optimus Developments, we believe that K1 Residences will set a new benchmark for innovation and elegance in Melbourne. These are sophisticated and generous homes, with a sense of expansiveness that will embrace you upon arrival.”

Director of DE atelier architects, Leon Eyck says: “The surrounds of K1 have been acknowledged and have helped inform the identity of the building. The urban streetscape, and especially, the gardens of Albert Park and the mature tree lined St Kilda Boulevard have inspired the greening of K1.”

For K1, Bergman and Co, is collaborating with Melbourne’s internationally acclaimed local designers such as bespoke lighting and custom shelves by Paul Grummisch of Please Please Please with sparkling lights by Mark Douglas.

Optimus Developments was founded in late 2014, describing themselves as "a new player with a fresh, overseas vision".

Established as an investment vehicle and a real estate developer, Optimus aims to combine its European perspective with the very best that Australia has to offer, delivering top quality development projects in the residential and commercial sectors.

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