8 Garfield St - 8 Garfield Street, Cheltenham

Jo Arbid, director at Captains Property, says Cheltenham has long been a great place to live, however it is now being considered as a great place to invest

Cheltenham in Melbourne&#39;s south-east, a stone&#39;s throw from the Bayside district,&nbsp;is benefitting from an infrastructure pipeline which has investors and owner occupiers interested in the area.

The talk of the town is the proposed metro loop, which would&nbsp;start in Cheltenham and stop at all stations en route to the airport and connect the area as far as Box Hill in Melbourne&#39;s east.

Jo Arbid, director at Captains Property, says Cheltenham has long been a great place to live because of its family-orientated amenities like great parks, schools, shopping and some of the best golf courses in Melbourne.

However, it is now&nbsp;being considered as a great place to invest in due to major infrastructure the government is spending on in the area.

And the decision by the property developer NewCity to create a more boutique residential project than the area is accustom to has paid dividends throughout COVID, with owner-occupiers now seeking more space in apartments.

The majority of new developments in Cheltenham have between 30 and 40 apartments.

But 8 Garfield Street, near Southland and Southland Station, has just 17 apartments across three levels.&nbsp;Designed by Point Architects, 8 Garfield Street is made up of one,&nbsp;two and three-bedroom apartments, with some&nbsp;of the two bedrooms with study rooms over 90 sqm internally.

[smartcode_project:default project_id=7518 project_image_fid=42519]

&quot;We have been selling all the way through COVID,&nbsp;mostly due to the quiet location on a no through road, spacious apartments and two&nbsp;mins walk to Southland&rdquo;, Arbid says. There&nbsp;there are now only five apartments left in the development which is slated for completion in&nbsp;November.

Each apartment features a kitchen with stone benches and&nbsp;with Miele appliances. That meets the open plan living and dining area which opens either to&nbsp;a courtyard or alfresco terrace. Every apartment also has&nbsp;a storage cage and at least one car space.

[smartcode_project:default project_id=7518 project_image_fid=42520]

The development has catered for all needs, even down to a ramp up the stairs for families with prams, the active residents&nbsp;with bikes or scooters and the elderly with wheelchairs or walkers.

About the developer

NewCity, with decades of experience in&nbsp;Melbourne and China, has a very experienced local development team led by its development director&nbsp;Sam Failla.

In their local pipeline they have&nbsp;65 Clarke St, the $415 million mixed-use Southbank tower which will comprise over 350 apartments, a 5-star hotel and a co-working office space&nbsp;across its 67&nbsp;levels.

8 Garfield St

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