Carlton

Marocci Property Group have found their place within the tree-lined streets of Carlton, recording over $30 million in sales already at La Storia.

With construction set to commence soon on the residential project, buyers have only a small window to gain off the plan prices, prior to August 1, beating significant price rises.

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Delivering just 20 apartments across the site, La Storia has been designed by the father and son led M3 Design, with each of the three-bedroom homes prioritising natural light and airflow.

Taking its lead from the Venetian architect Carlo Scarpa, La Storia bursts with lightness, spareness and balance, following an&nbsp;environmentally conscious&nbsp;design that seamlessly integrates into its surrounds

Technically part of the modernist movement, Scarpa&rsquo;s style was subtle and subversive, instead of shunning the past he honoured it, transforming buildings with stunning simplicity.

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Driven by beauty and permanence, La Storia is built of strong materials, including marble and concrete, with the exterior taking on a monolithic presence, to reflect the idea of immutability.

Finely detailed and honed in stone, La Storia imbues the legacy of Carlos Scarpa, along with his ethos of the handmade and warm-blooded mix of the old and the new. &nbsp;

Maximum functionality and movement are at the heart of each floor plan with indoor and outdoor spaces designed to entertain or simply retreat to and relax.

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alisonwarters@gmail.com

Quick sales at La Storia, Carlton apartments

Melbourne&#39;s Carlton is set to score a new collection of&nbsp;apartments on the sought-after fringe of the green Carlton Gardens.

The $80 million plans for a 13-level apartment tower and seven townhomes have been lodged by a company associated with Chinese businessman Wang Hau, the chairman of the Nanjing-based conglomerate Jeshing Group.

He paid $20.68 million for the site a 1-23 Rathdowne, on the corner&nbsp;of Rathdowne and Victoria Street, in 2013 from the&nbsp;Anti Cancer Council of Victoria. Currently on the 3,106 sqm block is the old 1970s Cancer Council building and a red brick warehouse.

Previously a much bigger site homed the Coffee Palace building, which was built in 1888. It was demolished after a fire in the late 1960s.

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.28.31_am.png" width="902" /></a> 
A c1888 drawing of the original Coffee Palace building. Source: Albert Charles Cooke.

There will be 77 apartments, designed&nbsp;to take in extensive views over the gardens with extensive vision glazing in all living rooms and bedrooms. The majority will be two-bedroom apartments, 42 of them. There will be only a single one-bed apartment, 27 three-bedders, six four-bedroom apartments, and a massive 557 sqm penthouse.

Just seven townhouses will be located on the ground level, a mix of one, two and three-bedrooms.

Residents will have access to private amenity on level one, which will include a pool, gym, yoga, sauna and steam room, and further amenity of two open space terrace areas with seating, a meeting room, and a library.

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="285" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.42.25_am.png" width="556" /></a>

There will be three office suites totalling around 615 sqm, and a 221 sqm ground floor cafe.

In readiness for Zero Carbon operation the development will be entirely serviced using electricity.

Bates Smart has designed the building to be separated into three distinct volumes that are arranged around a central landscaped forecourt. The two smaller volumes present as podium forms to the street,&nbsp;while the third volume comprising the upper levels &nbsp;is designed &nbsp;as a recessive and neutral element in contrast to the podiums below.

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="608" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.43.18_am.png" width="929" /></a>

&quot;The proposal is envisaged as a collection of stacked objects, with three&nbsp;distinct hierarchies, low, mid and upper,&quot; Bates Smart noted in their design statement submission.

&quot;These three&nbsp;distinct zones are further broken down through scale, form, setbacks and materiality, which respond to each orientation of the site.

&quot;Careful articulation of the facade, breaks these objects down even further and wrap around and inset balconies and recesses provide additional depth to the facade and a play of light and shade.

&quot;A primary fa&ccedil;ade grid is overlaid on the stacked objects and creates an ordered framework, framing balconies, windows and edges. The colour, materiality and texture of the fa&ccedil;ade grid is varied in response to the orientation.&quot;

Bates Smart worked in collaboration with the landscape architecture firm Barber, who in their statement said they&nbsp;landscape response to 1 Rathdowne Street is a unified program in close collaboration with Bates Smart Architects responding to the local context; the surrounding, existing victorian townhouse architecture, their private landscapes and the central urban milieu.

&quot;The landscape responds equally to the performance of landscape in buildings and specifically a tailored response to the proposed architecture and site development,&quot; they noted.

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton">To be notified on the next stage of the development, enquire here.</a>

<a href="https://www.urban.com.au/new-apartments/1-23-rathdowne-street-carlton"><img alt="" height="716" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-17_at_9.33.24_am.png" width="1094" /></a>

There is no heritage issues following the heritage impact statement report, however it did note the importance&nbsp;&nbsp;of face brick, bluestone and rendered masonry construction materials within the precinct.

&quot;The proposed material schedule for the building directly references this combination of materials, however reinterprets them in a contemporary manner that ensures they will remain legible as new development,&quot; the report read.

The submission to the City of Melbourne Council noted the 99 walkability score from the development, with everything accessible by foot, as well as solid public transport infrastructure.

Joel Robinson

First look: New apartments to hit Carlton Gardens

A limited series of just 20 apartments, La Storia&nbsp;is a considered residential building designed to pay homage to both Carlton and Italy.

M3 Design, led by father and son, Frank and Gianni Mancuso, are behind the interiors, delivering a range of three-bedroom apartments within Marcocci Property Group&rsquo;s development.

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Each residence prioritises natural light and airflow, with functionality at the heart of each floor plan. The design has been inspired by the designs of the late legendary&nbsp;Venetian architect Carlo Scarpa.

The exterior takes on a monolithic presence to reflect the idea of immutability, with finer details of honed stone carrying Scarpa&rsquo;s legacy with mixing the old and the new. The development has four different&nbsp;residences available; Residenza Lusso, Residenza Centro, Residenza Giardini, and Residenza Allegria.

&nbsp;

<a href="https://kuula.co/share/collection/7qdBC?logo=-1&amp;info=0&amp;fs=1&amp;vr=1&amp;zoom=1&amp;initload=0&amp;thumbs=-1&amp;ovd=floodslicer.viewin360.co%22%3E%3C/iframe%3E"><img alt="" height="1420" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-16_at_4.06.38_pm.png" width="2544" /></a>

Residenza Lusso offers vast entertaining area, with the building&rsquo;s largest living room and balcony, which face toward the city.

Residenza Centro sits at the corner of Cardigan and Argyle Square, facing the east. With the largest overall floor space, these residences fearure a large kitchen island bench with seating, further encouraging entertaining and interaction.

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Residenza Giardini focuses on the green with the lush trees of Argyle Square immediately in view. Residents can choose to split these apartment in two, placing the living quarters to one side, with the ability to spill out onto the generously-sized balconies.

Residenza Allegria draws on its environment and the hive of Carlton&rsquo;s activity and neighbouring suburbs. Taking in the Scarpa aesthetic &ndash; filtering light with natural reflections, the residences glow and change in various organic tones depending on the time of the day.

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Located at the corner of Cardigan and Pelham Street, La Storia finds its home on the park lined streets of Carlton.

Inspired by the rich history of its surroundings and it&rsquo;s famous immigrant culture, La Storia has been designed to age gracefully and to leave its mark on an area that has provided so much to the culture of Melbourne.

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Each residence prioritises natural light and airflow, with functionality at the heart of each floor plan.

Marcocci Property Group launch Carlton apartments, La Storia

Construction is underway on the&nbsp;new Carlton apart​ment development,&nbsp;Encompass.

Designed by renowned architects Jackson Architecture and located on the corner of Elgin and Nicholson Streets, Encompass is a joint venture between Frasers Property Australia and Citta Property Group.

Encompass, which will be a&nbsp;minimum 5-star energy rated residential building, has already sold over 50 per cent of its 115 apartments.

Harris HMC has been appointed as the builder and construction of the residential tower is expected to reach completion in mid-2023.

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Sarah Bloom, General Manager Development Victoria, Frasers Property Australia, says the expansive city views, location just 2.5km from Melbourne&rsquo;s CBD as well as having local cafes, shops and restaurants at its doorstep, make Encompass a popular choice for purchasers wanting to experience cosmopolitan Carlton.

&ldquo;There is a real &lsquo;wow&rsquo; factor to Encompass, not only from its impressive aesthetic design, but also its many sustainability features, such as water management initiatives, natural light and ventilation to every corridor, consideration of orientation and shading maximising light and ventilation to all apartments,&rdquo;&nbsp;Bloom says.

&ldquo;With all these benefits on offer in one place, it&rsquo;s no wonder that more than 50% of Encompass&rsquo;s apartments have already been sold.

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&ldquo;We&rsquo;re excited to get started and to mark this exciting milestone with our project partners and members of the community,&rdquo; she says.

Alister Woods, Director, Citta Property Group says Encompass combines stunning architecture with premium amenities for residents to create a compelling lifestyle offer for buyers.

&ldquo;Encompass will elevate the local community with its striking design and range of quality resident facilities,&quot; Woods says.

&quot;The strong sales achieved to date demonstrate the value proposition Encompass represents and today&rsquo;s sod-turning means we&rsquo;re on the way to delivering a premium quality, sustainable, lifestyle-focused development that takes full advantage of its convenient and cosmopolitan Carlton location.&quot;

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The eight-level building, offering a mix of one, two and three- bedroom apartments, is set to cater to&nbsp;a wide range of purchasers, from first home buyers and young families to downsizers and investors.

Each apartment will include its own private balcony or courtyard, accessed by floor-to-ceiling sliding doors. There will be&nbsp;2.7 metre&nbsp;high ceilings to living areas, premium kitchen appliances,&nbsp;oak timber finish floors in living areas and 100% wool loop pile carpet in the bedrooms.

Another highlight is the residents-only rooftop lounge, complete with alfresco dining area and outdoor barbeque, fully-equipped kitchen and a formal lounge area with television and library.

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Harris HMC has been appointed as the builder and construction of the residential tower is expected to reach completion in mid-2023

Construction starts on Frasers' Encompass, Carlton apartments

Rising nine stories in Melbourne&rsquo;s inner-northern suburb of Carlton, Encompass is the latest residential project from leading developers Frasers Property and Citta Property Group.

The development, under construction by the reputable construction firm Harris HMC,&nbsp;has been designed by Jackson Architecture to present a collection of premium one, two and three-bedroom residences.

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building, establishing a unique urban presence within Carlton.

Staying true to the neighbourhood&rsquo;s cultural heritage, the architects utilise &lsquo;masonry stone&rsquo; textured concrete on the fa&ccedil;ade, reminiscent of the original blue cobblestone streets of Carlton.

The building&#39;s form is sculpted by its balconies and terraces, creating a layered effect, and providing a level of privacy, outlook and outdoor living for residents to enjoy.

&ldquo;Pop-out perforated metal clad balconies and staggered anodised window hoods add another element of articulation to the fa&ccedil;ade&rdquo;, the project marketing reads.

The lobby is also framed by perforated metal finishes which continues into the foyer, merging the fa&ccedil;ade with the interior.

[smartcode_project:default project_id=5116 project_image_fid=188246]

Open and bright living spaces are the feature of each residence, with 2.7m ceilings, paved terraces and balconies and floor-to-ceiling windows.

Oak timber finish flooring and the choice between two colour schemes, light or dark, add a warmth to the home

&ldquo;The kitchens at Encompass are the perfect combination of contemporary style and functionality&rdquo;, the developers note.

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Premium appliances, matte timber-look, full-height cabinetry and dual-tone cupboards contrast against the reconstituted stone benchtop in raw concrete.

Kitchens also include a pull-out pantry and&nbsp;sophisticated matte black tapware to present a cohesive minimalist style. An&nbsp;integrated fridge and freezer is an optional upgrade.

Bedrooms are similarly warm and inviting with built-in robes, wool loop pile carpets and some featuring a study nook.

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Encompass bathrooms follow on from the clean lines and minimalist style of the residence, with feature black fittings, terrazzo floor tiles and a hand-blown Hollywood-style wall lamp.

Creative architecture and considered landscaping mean residents can feel excited whether they are in their private apartments or enjoying the communal amenities on offer.

The development features a rooftop lounge, outdoor barbeque, alfresco dining and lounge areas and a fully-equipped kitchen to provide an escape from the hustle and bustle of the city below.

[smartcode_project_cta: project_id=5116]

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building

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Inside Frasers Property’s new Carlton apartments, Encompass

Encompass is a new development rising nine storeys in Melbourne&rsquo;s inner-northern suburb of Carlton, delivered in partnership between Frasers Property and Citta Property Group and currently under construction by the reputable Harris HMC.

At the &ldquo;centre of everything&rdquo;, Encompass is located on the corner of Elgin and Nicholson Streets, and the latest in a strong portfolio of premium residences by the two leading property groups.

Comprised of one, two and three-bedroom apartments, the project provides a great lifestyle opportunity for discerning buyers seeking the best of architecture, outdoor spaces, sustainability, and urban living.

But why invest? Urban takes a look at eight reasons why investors are showing interest in this new development.

1. Melbourne&rsquo;s most walkable neighbourhood

Carlton has been named Melbourne&rsquo;s most walkable neighbourhood by Walk Score, with a score of 97 attributed to its convenient local amenities.

[smartcode_project:default project_id=5116 project_image_fid=188289]

Residents at Encompass can walk to around 50 restaurants, bars and coffee shops within five minutes.

Benefitting from strong local retail and amenity, education and employment hubs, as we shall soon explore, Carlton has it all.

2. Apartment affordability

Apartments in Carlton offer an affordable option for renters with median weekly rents registered at $360 for the year to March 2021, according to Urbis.

For new apartments&nbsp;in Carlton, median weekly rents registered at $410; a $50 premium over older apartment stock.

[smartcode_project:default project_id=5116 project_image_fid=188281]

This, coupled with a gross rental yield of 5.1 per cent, provides a big positive for potential investors looking to purchase an apartment in Carlton.

Investors are also likely to achieve a better return on investment as the rental market stabilises as a result of ongoing tenant activity.

3. Public transport

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With trams running along Swanston Street, Nicholson Street and Lygon Street, Encompass residents can feel connected to the Melbourne CBD.

The new Parkville station will also enhance the local public transport offering of Carlton, providing nearby access to the CBD and the remainder of Melbourne.

4. Open space and neighbourhood amenities

Leisure and open space are an important part of any neighbourhood, and Carlton is rich with parklands and gardens.

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World heritage site Carlton Gardens boasts nearly 20-hectares of parkland, and contains the Royal Exhibition Building, Melbourne Museum and tennis courts.

Other neighbourhood amenities include the Carlton Baths, which features a 25-metre public pool, as well as a health club and sporting facilities.

5. Retail and restaurants 

Carlton is characterised by its young and culturally-diverse population, reflected in its great bars and trendy caf&eacute;s.

Lygon Street, or &ldquo;Little Italy&rdquo; as it&rsquo;s known by locals, features almost 150 retail stores, including 80 caf&eacute;s, bars and restaurants, many of which are Italian. &nbsp;

Residents are never far from local retail amenity, with a Woolworths shopping centre nearby, as well as an IMAX cinema, bank and clothing stores.

6. Over $11 billion in infrastructure investment

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$11 billion in state and local government infrastructure investment is currently in the pipeline to benefit Encompass residents.

Key projects include the $11 billion new metro tunnel project to improve train capacity by close to 60 per cent and the $9 million University Square masterplan.

The $500 million redevelopment of the inner-city innovation precinct will also serve to introduce a new mixed-use precinct to the suburb that features office space, public engagement space and retail offerings.

7. Great design

Designed by Jackson Architecture, the design of Encompass is sure to see renters seek out an apartment in the new development.

[smartcode_project:default project_id=5116 project_image_fid=188287]

The architecturally distinctive building will establish a unique urban presence within Carlton and Fitzroy, while staying true to the neighbourhoods&rsquo; cultural heritage.

This extends into the interiors with open and bright living spaces, a paved terrace or balcony in each residence and carefully considered floorplans.

8. Nearby educational institutions

A number of educational institutions are within close proximity of Encompass, including Australia&rsquo;s leading university, the University of Melbourne, which sits along the western border of Carlton.

Several major universities are situated within walking or cycling distance for Carlton residents, including RMIT University, Victoria University Flinders Campus and the University of Melbourne&rsquo;s Parkville campus.

Primary schools nearby include the Carlton Gardens Primary School, Carlton Primary School and Carlton North Primary School.

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Urban takes a look at eight reasons why investors are showing interest in this new development

Why invest in Carlton: Find out why investors are eyeing Frasers Property’s Encompass

<html><body>
Situated on the border of the vibrant inner city Melbourne suburbs of Carlton and Fitzroy, Found offers 65 apartments and four exclusive townhomes in one boutique residential building. Designed by award-winning Jackson Clements Burrows Architects, the architectural vision is inspired by the community and character of Carlton.

<figure><a href="https://www.urban.com.au/new-apartments/found-23-palmerston-crescent-carlton"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/found-23-palmerston-crescent-carlton-cf61496d9388e06ba1382e70fe2c2725.jpg?itok=C_yMyxat" style="width: 580px; height: 435px;"></a></figure>Offering contemporary one, one plus study, two and three bedroom apartments, as well as two and three bedroom townhouses, Found delivers unique, innovative layouts and extremely high quality finishes. Clever design principles and open plan layouts capture views and are awash with natural light filling living spaces. Many apartments feature second bathrooms and dedicated study areas, perfect for the location as Found is incredibly close to some of Melbourne's leading Universities and Tertiary institutions. The exclusive townhouses overlook tree-lined Palmerston street, containing a luxurious sense of space and outdoor terraces.

<figure><a href="https://www.urban.com.au/new-apartments/found-23-palmerston-crescent-carlton"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/found-23-palmerston-crescent-carlton-1e738e7bbcd12376480d01684d42a867.jpg?itok=Pdyj9ztl" style="width: 580px; height: 435px;"></a></figure>3km from the CBD, Found Carlton presents the latest project in an outstanding portfolio of quality residential developments, adding a new dimension to the diverse and dynamic Carlton community. With variations in depth and height, the building's clean geometric lines rise above the treetops.  This meeting of unique architecture and nature are what give Found its living identity. Planter boxes are designed to house climbing plants that wrap the building in a living green façade. 

<figure><a href="https://www.urban.com.au/new-apartments/found-23-palmerston-crescent-carlton"><img alt="" class="image-article_full_width_580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/found-23-palmerston-crescent-carlton-faaf28c38042f316a0e3e1bcae73e29e.jpg?itok=FQE0nP37" style="width: 580px; height: 435px;"></a></figure>Carlton and Fitzroy are full of eclectic character and offbeat laneway surprises. Offering shopping, cafe's, restaurants and bars just a short walk away, find yourself immersed in all the local treasures nearby such as:

<ul>
<li>Melbourne CBD, only 2.6kms away.</li>
	<li>Smith Street, Brunswick Street and Gertrude Street shopping precincts.</li>
	<li>The University of Melbourne</li>
	<li>RMIT University</li>
	<li>The Royal Melbourne and Royal Children's Hospitals</li>
	<li>Melbourne Zoo</li>
	<li>Melbourne Museum with IMAX</li>
	<li>Queen Victoria Market</li>
	<li>Lygon Street, Melbourne's hub of Italian cafe's and restaurants.</li>
	<li>Capital City Bicycle Trail</li>
	<li>Numerous tram lines and train access within walking distance. 
	 </li>
</ul>
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urban.com.au

Carlton - High quality, sustainable apartments FOUND in Carlton

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A new modern Asian cuisine venture is set to open on an iconic Carlton strip.
Chris James of Fitzroys negotiated the lease at 263 Lygon Street in Carlton on behalf of a private owner.
The five-year lease with further options was struck at $83,000 per annum plus outgoings and GST, and the new venture will host diners from the 95 sqm ground floor of the building.
James said the long-term lease in the prime section of the strip reflects the operators’ confidence in the transformation of Lygon Street.
His Fitzroys colleague Terence Yeh have also been marketing 259-261 Lygon Street next door, which is under offer.
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j.ballantyne1990-6AQqhLzZaK

Iconic Lygon Street, Carlton retail strip sees premises leased

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A Carlton unit has sold for $680,000 at weekend auction. 
The two-bedroom apartment, at 6/2 Carnarvon Street, features two car spaces, a large balcony, and a single bathroom.
There is 149 square metres of internal floorspace (not including the balcony).
It came onto the market with a price guide of between $600,000 and $650,000.
It previously traded in 1998, when it sold for $225,250.
Carlton's median unit price is $645,000.
John Kastellorios, from Laing+Simmons St George, listed the property. 
 
 
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Carlton unit sells at weekend auction

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A former hotel-turned-commercial office building in Carlton has sold for $6.8 million.
It is the first and only sale on the iconic Lygon Street strip for 2019
Colliers International’s Daniel Wolman, Oliver Hay and Dave Walker and MMJ Real Estate’s Joel Wald were appointed to auction the 659 sqm double storey corner freehold at 186-190 Lygon Street.
Their price expectations were around the $6 million mark.
“A land rate of over $16,000/sqm is exceptionally strong for this precinct and a recent record if you consider the undevelopable rear laneway which is on title,” Mr Wolman said.
Mr Walker said the prime location, directly opposite the leafy Argyle Square, and within walking distance from the University of Melbourne and RMIT, was a key selling point.
</body></html>

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