Saint Moritz

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<p>An off the plan two-level Saint Moritz, St Kilda luxury apartment has been offered for sale.</p>

<p>There is no price guidance for the 522 sqm, four-bedroom, four-bathroom space which features six metre ceilings that look out to Port Phillip Bay. </p>

<p>The apartment comes with an upper master bedroom suite with an executive lounge and an open fire-place.</p>

<p>There is 16 sqm of balcony space and six car spaces.</p>

<p><a href="https://www.urban.com.au/new-apartments/saint-moritz-14-16-the-esplanade-st-kilda"><img alt="" height="663" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image_1_2.jpg" width="1023"></a></p>

<p>The 1301/1401 apartment is being offered through Gurner agent Deborah Wiltshire.</p>

<p>There was a sales advisory from Gurner that 95 percent of Saint Moritz had been sold in mid-2019 when it had recorded $480 million in sales.</p>

<p>The 95 per cent sales tally represented 127 residences of the project's 133 dwellings.</p>

<p>[smartcode_project:default project_id=2484]</p>

<p>In early 2019, Gurner set Melbourne’s new price record for an apartment sale, securing a reported $30 million for the seven-bedroom penthouse at its ultra-luxury development.</p>

<p>It has 650 sqm internally and 150 sqm externally, plus a seven-car private garage. </p>

<p>A $9 million sale by Gurner within the project was recently secured by Michael Paproth at The Agency. </p>
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The 522 sqm, four-bedroom, four-bathroom space features six-metre ceilings that look out to Port Phillip Bay

jchancellor

Luxury apartment offered in St Kilda's Saint Moritz

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<p>Construction has commenced on Gurner's $540 million Saint Moritz development at St Kilda.</p>
<p>The project will transform the former Novotel St Kilda site.</p>
<p>Demolition of the existing building commenced on July 17, some 15 months ahead of schedule.</p>
<p>The project secured $500 million in presages including reports of an arrangement involving a $30 million two-level, 650 square metre penthouse sale to former Domain boss Antony Catalano in February.</p>
<p><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/2019/7/17/Gurner%202.jpg" alt=""></p>
<p>The developer has confirmed ANZ is funding the $300 million construction debt facility.</p>
<p>Gurner suggest is ranks as the largest residential construction loan undertaken by the big four banks to a private developer this year.</p>
<p>ANZ has funded over 90% of Gurners’s projects since the brand’s inception in 2014.</p>
<p>Local builder Crema Group has been appointed to build the three-tower, 'ultra-luxury' precinct, with the build contract worth upwards of $150 million.</p>
<p><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/2019/7/17/Gurner%203.jpg" alt=""></p>
<p>Only five residences remain for sale in the final building, Grand Esplanade, while the first two buildings, Pacific House and Azura, are fully sold.</p>
<p>Saint Moritz has been designed by Fender Katsalidis and Koichi Takada Architects, with the interiors crafted by David Hicks.</p>
<p>Completion is slated for late 2021.</p>
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j.ballantyne1990-6AQqhLzZaK

Construction starts on Saint Moritz development at St Kilda Novotel site 15 months early

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<p>For a cool $5 million, you could experience a lifetime of royal treatment, including private drivers, Vue De Monde sommeliers upon request and even a book collection curated by none other than the Queen’s personal librarian.</p>

<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/gurn10030_the_esplanade_ia01_arrival.jpg" rel="gallery-all" title="Personal drivers available for residents. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="348" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ia01_arrival.jpg?itok=Eg3ChJIt" title="Personal drivers available for residents. Credit: Gurner" width="580"></a>

<figcaption>Personal drivers are available for residents. Credit: Gurner</figcaption></figure><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/gurn10030_the_esplanade_ia02_reception_concierge.jpg" rel="gallery-all" title="Reception and 24 hour concierge. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="276" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ia02_reception_concierge.jpg?itok=tcEmB3-T" title="Reception and 24 hour concierge. Credit: Gurner" width="580"></a>

<figcaption>Reception and 24-hour concierge. Credit: Gurner</figcaption></figure><p>The recently announced <a href="https://www.urban.com.au/new-apartments/saint-moritz-14-16-the-esplanade-st-kilda"><strong>Saint Moritz by Gurner<span style="font-size:11px;"><sup>TM</sup></span></strong></a> development will feature 120 luxury residences, and Melbourne’s next most expensive penthouse, which sold off-the-plan for $30 million. Fender Katsalidis Architects are appointed as lead architects for the project which will span three buildings – one of which is to be designed by Koichi Takada Architects.</p>

<p>The ambitious project aims to deliver a $150 million ‘Glass Cube’ entranceway, which has been modelled off Apple’s Fifth Avenue store in NYC, and over 5,000 square meters of hyper-luxury amenity.</p>

<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/gurn10030_the_esplanade_ea02_arrival_cube.jpg" rel="gallery-all" title="Glass cube entranceway inspired by NYC's Fifth Avenue Apple store. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="644" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ea02_arrival_cube.jpg?itok=tzwg-fxP" title="Glass cube entranceway inspired by NYC's Fifth Avenue Apple store. Credit: Gurner" width="580"></a>

<figcaption>Glass cube entranceway inspired by NYC's Fifth Avenue Apple store. Credit: Gurner</figcaption></figure><p>Gurner<span style="font-size:11px;"><sup>TM</sup></span> is striving to revolutionise resident amenity offerings, and create a 6-star hotel experience, 365 days a year. The property will feature its very own ‘residents only’ Gold Class Cinema, an in-house art curator, a 3,000-bottle wine cellar and a golf simulator. On-call health and wellness specialists will be available to residents round the clock should they require an in-house facialist, masseuses, personal trainer, nurse, medical practitioner and even a personal stylist. </p>

<p>Situated in St Kilda, the building is set to commence construction on the former Novotel Hotel site, right on The Esplanade, and just a short stroll to the beach. </p>

<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/gurn10030_the_esplanade_ia23_hot_cold_spa.jpg" rel="gallery-all" title="The opulent spa facility. Credit: Gurner"><img alt="" class="image-article-full-width-580px" height="322" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn10030_the_esplanade_ia23_hot_cold_spa.jpg?itok=kEcYRMD0" title="The opulent spa facility. Credit: Gurner" width="580"></a>

<figcaption>The opulent spa facility. Credit: Gurner</figcaption></figure><p><strong>THE PENTHOUSE</strong></p>

<p>Saint Moritz’s penthouse was quickly snapped up by Australian rich-lister Antony Catalano for his family. The property features seven large bedrooms, four living rooms and two pools. The two-storey cascading waterfall and floating fireplace exude modern opulence, and the built-in 1000-bottle wine cellar adds a notch of prestige to the already glamorous residence. The penthouse also contains an in-house sauna, gym, seven car garage and private lift access. However, you could argue that the best feature of the house is the Nero Marquina bathtub which contains 180º water views across St Kilda.</p>

<p>All off-the-plan Saint Moritz apartments will be on sale this June. </p>

<p><span style="font-size:11px;">Lead image credit: Gurner</span><span style="font-size:10px;"><sup>TM</sup></span></p>
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Olivia Round

Live like royalty in a $5 million St Kilda apartment

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<p>The VFL footy legend Sam Newman, who ranks among the A-list names previously floated as potential buyers in stage one of the Saint Moritz, St Kilda complex, is keeping everyone guessing.</p>
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<p>Asked whether he was set to move in by the local paper, The Herald Sun, Newman only confirmed he had looked at the luxury tower which is being officially launched this weekend.</p>
<p>“I’m still considering the whole thing,” Newman said. The Geelong great currently lives in Docklands.</p>
<div>He once commissioned the <a href="https://www.urban.com.au/news/vic/14079-pamela-anderson-house-built-for-sam-newman-on-the-market" target="_blank">infamous ultra-modern “Pamela Anderson” house</a> in St Kilda West, although never loved in it.</div>
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<div><span><span>Newman also previously owned in 8 The Esplanade, where he had a two bedroom 14th floor penthouse apartment in the 1985-built Arrandale complex which he sold in 2015 at $1.9 million.</span></span></div>
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<div>The apartments in the initial St Kilda building are set to average $3.5 million with completion in three years.</div>
<p> “I was really surprised how many buyers there were for these apartments,” said the developer Tim Gurner.</p>
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<p>“This will become a precinct where the buildings will house a number of Melbourne’s very wealthy families,” he suggests.</p>
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<div>The 120-apartment redevelopment of the Novotel hotel site on St Kilda’s Esplanade reportedly officially goes on sale with prices starting at $1.4 million.</div>
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<div>Opened in 1939, the St Moritz ice skating rink was one of the suburb’s grandest icons.</div>
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<div>The project is seen as part of the transformation away from its seedy reputation, which has been further soured with violent assaults even against police in recent times.</div>
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<div>But there have been whispers since late last year that the Melbourne developer had quietly achieved a "near sellout" of the initial offering of apartments in the $550 million project.</div>
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<p>Gurner amended the exisiting permit for 14 – 16 The Esplanade, St Kilda, to halve the number of apartments from 240 to 120.</p>
<p>“We believe the luxury end of the market has been waiting for something like this to come along," Tim Gurner said officially in February when seeking registrations of interest.  </p>
<p>The first of the three buildings, Pacific House features 45 residences.</p>
<p>Wilson Agents recently placed an Instagram posting advising the off market sales progress.</p>
<p>"For those of you who don’t already know, the Novotel on the upper esplanade is being completely demolished and in a few years from now the most amazing beachfront residences I have ever seen will be built in its place," agent Grace Le-francke posted. </p>
<p>"They are almost completely sold out already in a matter of weeks," she advised.</p>
<p>The sales included the $30 million penthouse that sits atop Pacific House to the <a href="https://www.urban.com.au/news/95015-antony-catalano-buys-gurner-s-shrunk-30-million-saint-moritz-st-kilda-penthouse" target="_blank">former Domain chief Antony Catalano</a>. </p>
<p>Over summer Gurner had the naming rights partner of the recent Australian Yachting Championships, conducted by the host club at the Royal Melbourne Yacht Squadron in St Kilda.</p>
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