New Glen Iris townhouse development Lori approaches sellout ahead of Christmas move-in

New Glen Iris townhouse development Lori approaches sellout ahead of Christmas move-in
Mikah July 1, 2024PROJECT SPOTLIGHT

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

Editor's Picks

ANGLE secures new Camberwell apartment project
First look: Hall St, Bondi Beach transformation to continue with new shoptop housing pitched
City Beat January 2025: Sydney property market cooldown slows as new apartment pipeline ramps up
26 Vista Street, Surfers Paradise apartment development, hits 70 per cent sold
Latent Defects Insurance 101: What is the Technical Inspection Service (TIS) Program