Why funders have confidence in Pitard's Eva Elsternwick mixed-use apartment development
The Melbourne developer, Pitard, is offering a rare opportunity to buy a new apartment in the heart of the inner south east Melbourne suburb of Elsternwick, which ideal location enjoys bay views.
The project, dubbed EVA, Elsternwick Village Apartments, has the joint backing of the real estate investment trust giant Dexus, who manage a portfolio of over $30 billion and funding partner Solido, who went in 50/50 as the senior consulting financing facility for the development.
Comprising 100 apartments set for completion in early 2023 by the builder and developer, EVA puts residents in the heart of the lifestyle-centric Elsternwick Village from its Glen Huntly Road location.
There's been a conscious effort to give residents convenience, with retail located at the foot of the building.
Residents will also have access to EVA's onsite amenity, including a private gym and a number of outdoor spaces.
The apartments have been designed by Via Architects to be as open plan as possible, letting in as much light through extensive windows, maximised by high ceilings.
Most apartments are centred around the kitchen's island bench. The kitchen's have been designed in the popular Hamptons-style, complete with engineered stone benchtops and fitted with European ILVE appliances.
Each apartment features a balcony or an outdoor terrace.
Prices start from $599,000 for the one-bedroom, one-bathroom apartments with a parking space. Two-bedders start from $849,000 and three-bedroom, two-bathroom with two parking spaces start from $1,135,000
The location is one of the main drivers of enquiry so far. Elsternwick, famed for its cafe culture and bar scene, is a short trip in to the Melbourne CBD from Elsternwick Station, just a few hundred metres from EVA.
With construction underway by Pitard, access for display viewings are available via appointments.
