H&F Property secures Avani Hotel for Box Hill; Malvern East is next on the agenda
Box Hill's emerging hotel sector will welcome another operator with Avani Hotel confirmed for Central Park Box Hill.
The 20 level development which has yet to appear above ground is backed by H&F Property and is in the hands of builder Maxcon. H&F Property is a Melbourne-based development firm which brings together Richard and Eddie Hirsch (United Petroleum) and Daniel Faigen (Deague Group).
Daniel Faigen confirmed to Urban.com.au that Minor International will occupy 75 suites within the mixed-use project under their Avani Hotel brand, with the balance dedicated to 93 private apartments.
Minor International's Avani Hotel is an upmarket designer brand; the hospitality and leisure company also controls Oaks Hotels & Resorts which are prevalent across Melbourne's CBD.
Supplementing Avani Hotel and the private apartments is 1,500 square metres of consulting suites within the podium, owing to the development's location opposite Box Hill's medical precinct.
According to Daniel Faigen Minor international was drawn to the development due to its high-quality design. Created by SJB Architects, Central Park Box Hill includes extensive outdoor rooftop amenities which include an indoor/outdoor dining areas, full-size kitchen, gym, pool and sauna.
Minor International's push into the Melbourne market will see its Box Hill presence supplemented by a new CBD hotel which is slated to open next month. Avani Central Melbourne will be located within the 55 level Avant tower at 60 A'Beckett Street which is rapidly approaching construction completion.
Daniel Faigen noted that H&F Property and Minor International are in discussions regarding the prospect of further outlets across the developer's land portfolio.
Looking ahead and H&F Property's upcoming project at 107 Darling Road will signify the developer's first foray into the fledgling build to rent sector.
Small in stature, 107 Darling Road will consist of only 9 high-end townhouses split between 7 x 3 storey townhouses with private lifts and 2 x 2 townhouses. Bruce Henderson Architects have undertaken the design for the development which includes underground car parking.
Daniel Faigen explained that on the back of H&F Property's particular success in selling the designated 3 bedroom stock within their completed Grace Apartments at 1555 Malvern Road, the developer recognised the underlying depth for this product in the area. Consequently the compact site was always earmarked as a boutique project.
H&F Property also has another significant development in the pipeline which Daniel Faigen has described as a "very special building." More details on that particular project in coming weeks.
