A new Chapter for Ashburton
KM Develop, the development arm of investment and advisory firm KordaMentha, has recently launched its luxury Ashburton apartment project to the market.
The development, known as Chapter, delivers a boutique collection of just 24 one, two and three-bedroom apartments at 363-367 High Street, Ashburton - in the heart of Melbourne's thriving southeast.
KM Develop's Managing Director Steven Wong says Chapter is a rare offering for Ashburton and surrounding suburbs.
"Apartment projects of this quality do not exist in Ashburton" Wong says.
"The options for people to downsize within this area are very limited. People love living in Ashburton because of it's great vibe and strong sense of community. We saw an opportunity to fill a gap and to provide high quality apartments equal to those you see in Glen Iris, Malvern and Camberwell.”
Wong says Ashburton and the location of ‘Chapter’ is similar, if not better to other high end apartment projects you see along High Street and Malvern Road in Glen Iris and Toorak Road in Camberwell.
"We can offer the same quality and amenity at Chapter for a far more affordable price, and there is far less competing projects in Ashburton which assists capital appreciation and rental values," Wong added.
Designed by renown architects Ewert Leaf, Chapter presents secure residences encased in a timeless façade, with spacious and well thought out open plan living arrangements, lots of natural light, generous private open spaces and high quality fixtures and fittings.
Ewert Leaf Managing Director, Will Leaf says “Chapter incorporates a timeless façade and immaculate interiors reflecting an organic palette of warm timbers and natural stone, taking cues from the leafy surroundings of Gardiner’s Creek, local parks and reserves set in amongst the heart of Ashburton.”
‘Chapter’ is being marketed and sold by Farey & Co
Director Jarrod Farey says Chapter is a high quality, boutique development in a fantastic location.
"We’ve had some strong success to date and the majority of the buyers have been downsizers and owner occupiers attracted by the amenity, surrounding the project, the generous apartment sizes, design quality and value," Farey says.
Green spaces and landscaping has been designed by John Patrick Landscape Architects.
“Chapter’s generous outdoor spaces have been designed to foster a seamless connection between in and out," Farey added.
"The plant palette features lush, fast growing vegetation that will provide a wonderful sense of tranquillity, and an exceptional level of privacy.”
The site has been cleared in preparation for the commencement of construction. Hamilton Marino, one of Victoria’s most respected residential apartment builders has been earmarked for the project.
Completion is slated for third quarter 2023.
