New Glen Iris townhouse development Lori approaches sellout ahead of Christmas move-in
LK Property Group is approaching the sell-out of its Glen Iris townhouse development, Lori.
Lori has only two of its eight three-bedroom townhouses left, driven by demand predominantly from local buyers.
LK Property Group, led by billionaire property developer and NBL owner Larry Kestelman, has partnered with award-winning architectural practice Megowan for the design of Lori.
The townhouses are situated on a sloping block, which allows for expansive views of the surrounding treescape through large picture windows.
The units feature high ceilings and full-length windows to maximise natural light and provide views of the preserved 100-year-old trees on the site.
Each townhouse includes three bedrooms across two levels and a secure, flexible garage space. The garage can accommodate and charge two cars or be used for business, artistic pursuits, or workouts.
The development is also fully electric, emphasising a more renewable path and reduced environmental footprint for residents.
The construction of Lori by builder Immerse Constructions is well underway and is expected to be completed later this year, with move-in dates projected before Christmas 2024.
Read more: Family friendly and surrounded by nature: Lori's supreme location in Glen Iris