Balaclava

ICON Developments has welcomed the completion of its latest residential project, Inkerman &amp; 
Nelson.

The inner-city Balaclava development wrapped construction in August, delivering 26 townhomes to the city-fringe suburb, which have now all officially sold.&nbsp;

[smartcode_project:default project_id=25572 project_image_fid=205591]

Proving popular with young families, 70 per cent of the residences were sold just before the pandemic, with the remaining 30 per cent sold during Melbourne’s lockdowns.

ICON’s 20-plus years of experience working alongside communities and industry-leading 
experts to craft and deliver smart-designed spaces saw Inkerman &amp; Nelson designed with relevance for the Melbourne market, proving its success in a tightly held market.

The group’s Head of Development, Scott Jarzynka said in order for the project to withstand the many impacts of the COVID-19 pandemic, the townhomes needed to speak to core values of space, location, and community.&nbsp;

“The project reflects collective living and puts the resident at the heart of the home. We’re 
proud to have developed a project such as Inkerman &amp; Nelson which reflects the vibrancy of 
the Balaclava community, Jarzynka said.

With architecture by MAArchitects, the project capitalises on its northern orientation and spacious floorplans, featuring two, three and four-bedroom homes.&nbsp;

[smartcode_project:default project_id=25572 project_image_fid=205592]

Each of the townhouses are light-filled, with whole-floor living zones that bask in the dual aspect and leafy outlooks, tactfully crafted by Eckersley Garden Architecture across the site.&nbsp;

As a wholly owned subsidiary of Japanese construction and real estate development giant, Kajima Corporation, Inkerman &amp; Nelson was delivered by Kajimaowned building group Minicon.

“ICON has a unique three-pillared business model as a developer, contractor, and financier,” Jarzynka said.&nbsp;

“With Kajima’s financial backing across ICON Developments and Minicon, we were pleased to 
be able to endure the many turbulent periods as a result of the pandemic and many lockdowns 
in Victoria.”

Director of Eisen Property and executive selling agent of the Inkerman &amp; Nelson project, Nat Eisen spoke to the awareness ICON has in the Melbourne market, which is widely-held by purchasers who do their due diligence when it comes to buying property, especially in the off the plan market.&nbsp;

“We were very impressed with the overall reception to Inkerman &amp; Nelson, particularly 
considering the unprecedented market conditions we experienced throughout the campaign,” Eisen said.&nbsp;

[smartcode_project:default project_id=25572 project_image_fid=205593]

“The project appealed to a broad range of segments including downsizers, young families, and 
first home buyers.”

ICON is also developing a collection of projects in the popular suburb of Brighton.&nbsp;

Both, Grandview and Willow, are bespoke residential offerings, brought together in collaboration with partners, Carpe Group and Samuel Property, with completion slated for later this year and the early months of 2023.&nbsp;

[smartcode_project_cta:default project_id=25572]

Proving popular with young families, 70 per cent of the residences were sold just before the pandemic, with the remaining 30 per cent sold during Melbourne’s lockdowns.

alisonwarters@gmail.com

ICON Developments completes latest townhome development, Inkerman & Nelson 

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Craig Campbell, the executive producer and creator of The Project, is selling his Balaclava warehouse conversion.
The designer home, in a 1910s former foundry, features exposed brick feature walls, vaulted and beamed ceilings and full width steel framed windows and doors.
It has three bedrooms and three bathrooms. The living room with built in bar opens to the private courtyard with water feature. 
Marshall White Bayside agents Sam Hobbs and Fiona Ansell-Jones have a $2.6 million to $2.8 million guide for its October 27 auction.
Campbell, who co-owns Roving Enterprises with tv presenter and comedian Rove McManus, paid $285,000 in 1994.
The article was first published in the Weekend Australian.
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The Project creator Craig Campbell lists Balaclava conversion 

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Comedian Colin Lane, best known as one-half of former comedy duo Lano and Woodley, is among the rather busy Melbourne comedian property purchasing push.
He has bought a land parcel with partner Marnie.
The couple have spent $1,380,500 on a 285 square metre parcel in Balaclava.
North facing, the block near Balaclava village is ready to build with cleared level land and two street frontages.
Buxton St Kilda selling agents Arthur Apostoleros and Zoe Cherrie marketed the land as "as rare as hens teeth".
The couple have been living nearby with their three sons and boxer dog Mac in a five bedroom St Kilda Federation timber cottage known as Kipling Mews sold for $2.56 million in March (above).
Last weekend saw comedian Andy Lee sell in Seddon, securing a very bullish $1.04 million after the co-owned investment property came with initial $700,000 to $770,000 hopes.
And of course there was Dave Hughes who spent $3.07 million on the winning Block Elsternwick house of model Elyse Knowles and her boyfriend Josh Barker.
Last year Peter Helliar spent $2.55 million on a home in Ivanhoe, having sold his Plenty mansion for $3.2 million. And the talk is Wil Anderson has started looking following his move from Sydney to join the Triple M Hot Breakfast.
This article was first published in the Weekend Australian property section.
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