Diversified property group Pellicano have launched their newest development, the $53 million “Alke”.
Located in Oakleigh, Melbourne, Alke was designed by the SJB architects to fit within the suburb’s existing architectural fabric through its use of brickwork, sculpted form and setbacks.
Pellicano managing director Nando Pellicano said the developer’s aim was to set a new design and quality benchmark in the suburb of Oakleigh.
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“Oakleigh holds a great significance to Pellicano and we want to uphold our history by bringing a more premium product to the area, adding value to the urban context and providing long-term, quality homes for its inhabitants,” he said.
The developer completed its first residential project in Oakleigh nearly 50 years ago.
Originally approved for 115 apartments, Pellicano reduced the number of dwellings to 89 and increased the size and ratio of larger apartments in order to better appeal to the owner-occupier.
Alke is made up of two buildings over six-storeys. The development also features a retail tenancy on the first level.
SJB director Tristan Wong said the vision behind this project was to create inviting residential dwellings with excellent amenity and outlook, that residents could make their own.
“The communal areas are light-filled and landscaped with vegetation, offering spaces for social interaction or quiet respite, and adding to the quality of life for Alke residents.”
Apartments range from two and three-bedrooms, including garden loft residences, terrace homes and three-bedroom penthouse-sized dwellings.
Balconies and courtyards range from seven to 105 square metres, and all apartments come with car park and storage.