Clayton

Clayton in Melbourne’s south-east is benefitting from Schiavello’s M-City project, which provides a sophisticated ‘mini-city’ within the suburb.

“M-City is the new gateway to Melbourne’s South East growth corridor,” the project marketing reads.

[smartcode_project:default project_id=528 project_image_fid=46031]

Located just 20 minutes from the Melbourne CBD, M-City rises from a prominent corner on Princes Highway and Blackburn Road and offers the largest lifestyle and retail destination outside of the CBD.

The mixed-use development delivers residents with a mix of apartments, retail and commercial offerings, creating its own vibrant community that has been carefully curated by leading urban planners.

Designed by&nbsp;Buchan Group, the spacious new residence features a mix of one, two and three-bedroom configurations, as well as resort-style facilities, premium office spaces and an international hotel.

<blockquote>
“M-City’s own International Hotel, emblazoned with a distinctive bronze façade, is set to become a new local landmark, providing understated yet luxurious accommodation for visitors.”
</blockquote>

The hotel provides residents with a range of function venues that offer spaces for memorable occasions, such as meeting rooms, a ballroom and a hotel bar.

[smartcode_project:default project_id=528 project_image_fid=46028]

Each apartment contains floor-to-ceiling glazing, spacious balconies and luxury amenities, including a heated pool, landscaped gardens, private tennis court barbeque areas.

According to the developers, M-City also offers everyday shopping, anchored by Woolworths and Kmart. The retail precinct delivers up to 60 speciality stores, including a butcher, pharmacy and bakery.

[smartcode_project:default project_id=528 project_image_fid=46030]

Just 700 metres from Monash’s Clayton campus, the community features a world-renowned education and science precinct on its doorstep.

The vibrant suburb, which has had an average annual growth of 12 per cent over the last three years, also boasts numerous grocery stores, restaurants, bars and more within walking distance from the home.

The first building, M1, sold out within 14 days, reflecting the attractive investment opportunities the residences present for first home buyers and seasoned investors alike.

[smartcode_project:default project_id=528 project_image_fid=46023]

About the developer

Schiavello has been creating and servicing world-class work and living environments for over 50 years.

Since 1966, Schiavello has worked with thousands of brands across a wide range of industries including office, hospitality, health, retail, residential and education.

&nbsp;

The mixed-use development delivers residents with a mix of apartments, retail and commercial offerings, creating its own vibrant community

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‘The pulse of Monash’: Inside Schiavello’s M-City in Clayton

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The build-to-rent developer Assemble will deliver 3,300 dwellings for low and moderate income households alongside the national not-for-profit provider Housing Choices Australia.

The initial tranche of the pipeline will be focused in Melbourne's inner and middle ring, with Carnish Road in Clayton earmarked as one of the key sites to be delivered under the partnership.

At least 20 per cent of the dwellings will be within the low-income housing component of each community.

Groups offered tenancy may include women experiencing domestic violence, young people living with disabilities, or key workers on low, fixed incomes that provide essential community services.

Housing Choices Australia will manage community housing across Assemble's $1.5 billion future project pipeline of build-to-rent developments. Under the partnership, Housing Choices Australia and Assemble will co-invest alongside institutional equity investors in all projects. 

[smartcode_project:default project_id=4124]

Assemble managing director Kris Daff said that the timing of this partnership is critical as Australia has an affordable housing shortfall in excess of one million dwellings that must be met by 2036.

“We are proud to partner with Housing Choices Australia to deliver much needed long-term mixed-income rental housing. Our partnership demonstrates how the private and not-for-profit community housing sector can work in unison to deliver real solutions to Australia’s critical housing shortage,” said Mr Daff.

“At a time that has been socially and economically devastating for Victoria, fuelled by uncertainty in housing tenure and barriers to home ownership, our communities need support now more than ever to ensure we do not reach crisis point.”

“Build to rent is a scalable model, and when executed to its best effect, it has the potential to meet our nation’s demand for secure-tenure affordable housing. We see mixed-income communities as a blueprint for the future of Australian housing,” said Mr Daff.

Housing Choices Australia managing director Michael Lennon said although new to Australia, build to rent is widely adopted internationally

“The establishment of build to rent as an asset class reflects the growing maturity of the community housing sector in Australia," Lennon said.

“Build to rent recognises that there are very significant unmet housing needs in Australia coupled with a strong desire by institutional investors to diversify and to contribute solutions to the housing crisis. The community housing sector offers ideal partnership opportunities because of its depth of experience in managing tenancies and communities cost effectively.”

“International examples of build to rent offer a wider array of housing choices, enrich city communities, benefit local economies and most importantly, take pressure off the housing system overall,”  Lennon added.

Assemble currently has a significant project pipeline in Victoria – the largest private portfolio of mixed-income housing.
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At least 20 per cent of the dwellings will be within the low-income housing component of each community

Joel Robinson

Assemble strike $1.5 billion affordable housing deal with Housing Choices Australia

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Although some student apartment markets are currently impacted by a lack of demand due to the fall in international students, investors can still secure a strong performing long-term investment.

Apartments in student markets more affordable than ever, and according to the Demographics Group’s Simon Kuestenmacher, international students will likely drive a correction in prices for student-focused apartments in the longer term.

“Sooner or later, international students will come back to Melbourne because the demand for a high quality, English-speaking, in-person university experience is not going to shrink while we’ve got those growth economies in Asia,” Kuestenmacher told Domain.

As one of Victoria’s best performing universities, Monash hosts more than 85,000 students at its various campuses around Melbourne.

Urban takes a look at five apartments perfect for students nearby Monash, ideal for scholars and academics, high-income postgraduates and investors.

<h2>Apartments close to the Monash Parkville Campus</h2>

Home to the university’s Faculty of Pharmacy and Pharmaceutical Sciences, the Parkville campus is made up of five buildings on Royal Parade and is close-by Monash Law’s city campus.

Property investors with investments in the surrounding suburbs benefit from the campus, which enrols around 1,100 undergrad and postgrad students, which attracts international students, part-time students and professional researchers.

1. Melbourne Grand, Melbourne 
Address: 560 Lonsdale Street, Melbourne VIC 3000 
One-bedroom apartments from $498,000

[smartcode_project:default project_id=3490]

Winner of the HIA ‘Victorian apartment complex of the year 2020,’ Central Equity’s Melbourne Grant provides an outstanding living experience.

Less than a kilometre away from Monash University’s Parkville campus, postgraduate students and investors alike will enjoy the residence’s ideal location.

The residence features various amenities, including resort-style facilities, residents’ lounge, 17-seat theatre and coffee bar.

2. Parkhill Apartments, West Melbourne 
Address: 408 Spencer Street, West Melbourne VIC 3003 
One-bedroom apartments from $479,000

[smartcode_project:default project_id=27406]

Although a bit further from the campus, three kilometres south, the well-connected Parkhill Apartments offers stylish residences on the fringe of the Melbourne CBD.

Delivered by Central Equity, the project benefits from bright apartments with up to 2.7-metre-high ceilings, spacious balconies and seven-day concierge service.

Located minutes from Queen Victoria Market, transport links and Flagstaff Gardens, this project is one to consider.

<h2>Apartments close to the Monash Clayton Campus</h2>

Clayton campus, the university’s main campus, boasts a student population exceeding 41,000.

The 1.1 sqkm site also hosts the majority of Monash’s 9,000 academic staff, as well as visiting researchers, scholars and doctoral students.

1. Aster Apartments, Clayton South 
Address: 456 Haughton Road, Clayton South VIC 3169 
One-bedroom apartments from $396,800

[smartcode_project:default project_id=4124]

Delivered by Cedar Woods and designed by DKO Architecture, Aster Apartments boasts affordable apartments in the award-winning masterplanned community, Jackson Green.

With over 4,700 sqm of public open space, residents at Aster can enjoy plenty of social spaces to connect with neighbours, just 1.8 kilometres from Monash’s main campus.

Clayton’s South is a hub for healthcare and education, connecting residents to employment opportunities, countless amenities and developed infrastructure.

2. M-City, Clayton 
Address: 2107 Dandenong Road, Clayton VIC 3168 
One-bedroom apartments from $371,300

[smartcode_project:default project_id=528]

Just 700 metres from the Clayton campus, M-City provides a sophisticated ‘mini-city’ in Clayton, within walking distance to grocery stores, restaurants, bars and more.

Shiavello’s development is situated in the lively Clayton, which has had an average annual growth of 12 per cent over the last three years.

Each apartment contains floor-to-ceiling glazing, spacious, private balconies and luxury resort-style facilities, including a heated pool, landscaped gardens and barbeque zones.

<h2>Apartments close to the Monash Caulfield Campus</h2>

Comprising over 13,000 students, the Monash Caulfield campus is the university’s second-largest.

Located within the Glen Eira City Council, Caulfield boasts good infrastructure, an excellent community feel and great schools.

1. 1060 Carnegie 
Address: 1060 Dandenong Road, Carnegie VIC 3163 
One-bedroom apartments from $459,000

[smartcode_project:default project_id=2882]

Located only 1.3 kilometres from the Caulfield campus, 1060 Carnegie enjoys the convenience of two train stations, four train lines and a dedicated tram route.

Beautiful parks, gardens and sport facilities provide vast amenity to students, homeowners and visiting scholars.

Delivered by Fortune Property Group and designed by Peddle Thorp Architects, the apartments feature landscaped lawns, rooftop garden and integrated storage space.

2. Equus, Glen Huntly 
Address: 28 Watson Grove, Glen Huntly VIC 3163 
One-bedroom apartments from $470,000

[smartcode_project:default project_id=28063]

Placed in the intimate suburb of Glen Huntly, Equus affords a superior quality of life in an exceptional location, just 11 kilometres south-east of the CBD and 1.2 kilometres from the Caulfield campus.

Owner-occupiers and investors will enjoy the area’s relaxed energy and family-friendly neighbourhood.

Equus comprises 39 apartments and offers outdoor entertaining areas, considered space and bright open space.
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According to the Demographics Group’s Simon Kuestenmacher, international students will likely drive a correction in prices for student-focused apartments in the longer term

Student apartments for under $500k close to Monash University campuses

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The $1 billion mixed-use M-City development in Clayton has been completed by contractor Multiplex, on behalf of Schiavello Group.
The site is prominently located at 2109-2125 Dandenong Road, on the corner of Princess Highway and Blackburn Road.
Designed by the Buchan Group, M-City is one of the largest master-planned community single stage developments undertaken in Victoria to date.
"We are delighted to complete one of the most significant new developments in Victoria. M-City is a vibrant miniature city in itself delivering premium office, residential, retail and hotel accommodation. It will quickly become a new lifestyle destination in Clayton," said Graham Cottam, Regional Managing Director of Multiplex Victoria.
Multiplex commenced work on M-City in July, 2018 and construction spanned a two- year period, with up to 1,100 workers on-site during peak periods.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/29/M-city%202.jpg" alt="">
The 30,000 square metre site has a combined built area of over 18 hectares.
Four residential buildings have been built, ranging from three to 12 levels.
There are a total of 665 apartments.
The apartment towers feature rooftop gardens, tennis courts, a swimming pool and spa, a fitness centre, and BBQs.
M-City also features a 4.5-star international hotel that will be operated by Park Royal.
M-City has an eight-level commercial office tower providing 14,000 square metres of commercial space above a two-level retail podium.
The 30,450 square metre retail centre comprises 78 stores including Woolworths, K- Mart, Village cinema complex, a medical centre and a childcare centre with a two-level carpark providing 2,000 car spaces.
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Clayton's $1 billion M-City development completed

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A Clayton mortgagee apartment, directly opposite the suburb’s Monash University campus, has come onto the market for $305,000.
The top-floor apartment features one bathroom, a single bedroom, a balcony, a car space, and a small kitchen.
The unit has 33 square metres of internal floorspace.
Built in 2013, it has never previously sold.
The median unit price in Clayton is $683,000.
Ari Oinonen and Silvana Lakic, from Century 21, have the listing.
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Top-floor Clayton mortgagee apartment listed for $305,000 

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Construction has begun on new house in Clayton, south east of Melbourne, to be built especially for at-risk youths.
Frasers Property Australia is partnering with the Property Industry Foundation (PIF) and the Lighthouse Foundation to build the home for at-risk and homeless young people.
The PIF House Program launched in 2017 with the aim to build 125 bedrooms for at-risk and homeless youth in Victoria, New South Wales and Queensland by 2021.
Live-in carers and counsellors in the homes provide support, mentoring and life skills to help rebuild the lives of young people and help them transition to independent living.
Frasers Property is sponsoring and building the PIF House Clayton, which will eventually house up to four disadvantaged youth and two live-in carers, serviced by the Lighthouse Foundation.
At Clayton, a host of other companies and organisations are playing a part, donating materials, time, skills and expertise to the project.
Partners include Corinthian Doors, Dulux Group, Austral Bricks, SMEG, Blind Factory and Beaumont Tiles, among many more.
The collaborative project will result in a brand-new home for at-risk youth, with a build value in excess of $550,000 donated to the cause.
Sarah Bloom, the general manager at Frasers Property Australia, says the sod-turning event, which marked the beginning of construction of the house, was a proud milestone for everyone involved.
“It’s been a huge effort by everyone involved in PIF House Clayton to welcome so many different businesses on board to help with this project,” Ms Bloom says.
“The Property Industry Foundation brings together the generosity and skills of the property and construction industry to build homes for homeless youth,” added CEO, Kate Mills.
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Clayton's PIF house for at-risk youths begins construction 

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Hands were being raised furiously as a total of 26 bids saw a Clayton office/warehouse sell under the hammer on site at Unit 21, 1866 Dandenong Road, for $500,000.
With a 219 square metre total building area, <a href="https://www.raywhite.com/vic/clayton/2057662/" target="_blank">the vacant property</a> provided a balance of warehouse and office space, with three car parks on the title that included two undercover.
The property was marketed and sold by Ray White Commercial Oakleigh Sales and Leasing Consultants Joshua Colosimo and Paul Rizzo.
Colosimo said because the business park was so tightly-held, the sale figure reflected a return of $2,500 per square metre, a record price for the estate.
“There was a genuine buzz around the auction with a crowd of 40 people turning up, and the asset eventually sold to a local investor, who will look to lease the property out,” he said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/26/007_Open2view_ID559863.jpg" alt="">
“The opening bid started at $350,000, and with competition for the site so strong, it was 25 bids later when it eventually sold for $500,000.”   Rizzo said the potential buyers understood the office/warehouse was in a prime location in one of Clayton's most tightly-held and highly sought after business parks.   “The property included a first floor office area of 80sq m* and had ample amenities including ground and first-floor toilets and shower,” he said.   “It also came with a container-height motorized roller door, three-phase power, alarm system, split system heating/cooling and had kitchenette facilities on both the ground and first floor.”
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Clayton office//warehouse sells for $500,000 under the hammer

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The Victorian Planning Authority (VPA) and Monash Council is inviting members of the community to have their say on the PMP Printing site in Clayton as part of Phase 2 of its community engagement process.

The PMP Printing precinct is a 10-hectare site located on the corner of Carinish Road and Browns Road in Clayton currently zoned for industrial land uses. Currently occupied by a printing factory, manufacturing at the site has significantly decreased over recent decades, according to the VPA.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/pmp-printing-site-plan.jpg" rel="gallery-all" title="10-hectare site located on the corner of Carinish Road and Browns Road in Clayton. "><img alt="" class="image-article-full-width-580px" height="368" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/pmp-printing-site-plan.jpg?itok=9qh6P_8o" title="10-hectare site located on the corner of Carinish Road and Browns Road in Clayton. " width="580"></a>

<figcaption>10-hectare site located on the corner of Carinish Road and Browns Road in Clayton.</figcaption></figure>The VPA's vision is to renew the 'Strategic Site' as a predominantly residential neighbourhood supported by a mix of businesses, pedestrian friendly streets, a town square and local parks for active and passive use.

<blockquote>
The PMP Printing site has the potential to accommodate a large share of Monash’s future population growth, providing opportunities for people to live and work within the municipality. The renewed precinct will have a higher density and greater mix of housing than the surrounding established suburbs of Monash. 

The precinct will transition from lower scale three storey townhouses adjacent to existing neighbours up to eight storey buildings towards the centre of the precinct. Commercial buildings along Carinish Road are also proposed up to eight storeys.

- Victorian Planning Authority
</blockquote>

To achieve its vision for the site, the VPA has prepared a concept plan outlining the development intent at the PMP Printing site to ensure that the proposed density is served sufficiently with an appropriate level of infrastructure. This concept plan has been informed by earlier community engagement and technical reports. 

The delivery of infrastructure is being carefully considered by the VPA against the following principles:

<ul>
<li>Principle 1 - The 20 minute neighbourhood</li>
	<li>Principle 2 - Transport</li>
	<li>Principle 3 - Open Space</li>
	<li>Principle 4 - Building design</li>
	<li>Principle 5 - Employment</li>
	<li>Principle 6 - Housing affordability and diversity</li>
</ul>
Following phase 2 of the community engagement process, the concept plan will form the basis of the comprehensive development plan for the site, which will go through a planning scheme amendment process. The VPA and Monash expect to undertake further community engagement during the Amendment advertising process.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/pmp-printing-site-community-newsletter-february-2019.jpg" rel="gallery-all" title="Artist's impression of the PMP Print site renewal. Image: VPA"><img alt="" class="image-article-full-width-580px" height="425" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/pmp-printing-site-community-newsletter-february-2019.jpg?itok=k4C1B5iV" title="Artist's impression of the PMP Print site renewal. Image: VPA" width="580"></a>

<figcaption>Artist's impression of the PMP Print site renewal. Image: VPA</figcaption></figure>The PMP site is located within <a href="https://www.urban.com.au/developments/clayton-vic">an area of Clayton undergoing significant change</a>, with the neighbouring former Clayton Primary School site to the north due to be redeveloped into a residential village known as Eastwood. Located at <a href="https://www.urban.com.au/new-apartments/eastwood-monash-29-browns-road-clayton">29 Browns Road</a>, Eastwood will comprise 147 apartments in addition to 72  townhomes, around a common green space, and connected by leafy pedestrian-friendly streets.

To the south on the opposite side of Carinish Road, Cedar Woods is in the throes of redeveloping the former Sigma site into a master planned community called Jackson Green. <a href="https://www.urban.com.au/news/cedar-woods-launches-huntington-at-jackson-green-in-melbournes-south-east">As mentioned on Urban.com.au last week</a>, Cedar Woods has launched the third building in the development, Huntington which has already experienced strong sales enquiries.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/eastwood_huntington.jpg" rel="gallery-all" title="L-R: Eastwood and Huntington"><img alt="" class="image-article-full-width-580px" height="181" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/eastwood_huntington.jpg?itok=lusvFAHU" title="L-R: Eastwood and Huntington" width="580"></a>

<figcaption>L-R: Eastwood and Huntington</figcaption></figure>To get involved and have your say on the future redevelopment of the PMP Printing site <a href="https://vpa.vic.gov.au/project/pmp-printing-strategic-site/p/key-principles-pmp/">click here</a>. The VPA will be accepting community input and feedback until the 22nd March.

Lead Image: Victorian Planning Authority
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Laurence Dragomir

VPA and Monash seek community input for PMP Printing Strategic Site

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An owner-occupier in the building industry has paid $590,000 for an office/warehouse unit at Clayton in Melbourne’s south-east in a deal brokered by Savills agent Daniel Kelly. 
The <a href="https://www.commercialrealestate.com.au/property/1-1866-princes-highway-clayton-vic-3168-2012556827" target="_blank">unit 25, 1866 Princes Highway</a> property comprises a modern 335 square metre facility which is part of Pomeroy Pacific’s speculative 24 unit Wareca showroom and warehouse development.
"The purchaser was keen to secure a property which offered the best location, not just in terms of access to freeways but also exposure, and a modern building that facilitated operational efficiencies,’’ Kelly said.
He said the vendor, Stockwood Building Group, would relocate to Notting Hill.
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