PLEASE NOTE: Our display office is currently open only at 151 City Rd, Southbank. Please enquire to arrange an appointment here 7 days.



PLEASE NOTE: Our display office is currently open only at 151 City Rd, Southbank. Please enquire to arrange an appointment here 7 days.

Southbank Central - 1 Balston Street, Southbank

<html><body>
West Melbourne’s newest address combines spacious architecturally designed apartments with convenience and security.

Situated at 408 Spencer Street, Parkhill Apartments boasts 161 residents in one and two-bedroom configurations.

Already proving popular with city residents who value location and won’t compromise on style and design quality, Parkhill sets the standard for affordable apartments in Melbourne.

Just metres from the inner-city with CBD views, homebuyers can secure one-bedroom apartments in the block from just $479,000. Two-bedroom apartments start from $619,000, and up to $819,000 when featuring an extra bathroom and a parking space.

Urban takes a look at the top five selling points for buyers looking to secure a home in Parkhill. 
 

1. Save thousands if you buy now

[smartcode_project:default project_id=27406]

Owner-occupiers can save up to $72,000 if they buy before March 31.

Alongside huge stamp duty savings up to $42,000 and the final weeks of the $15,000 HomeBuilder Grant, the developer will offer an extra $15,000 to qualifying owner-occupiers,

Investors can also save, with stamp duty reductions up to $24,500. 
 

2. Delivered by multi-award-winning developer

Parkhill Apartments is developed by Australian developer, Central Equity, with over 80 completed Melbourne projects.

Central Equity has won the Housing Institute of Australia (HIA) Victoria’s ‘Apartment Project of the Year’ award six times over the last ten years, making them the HIA Victoria’s most awarded apartment developer. 
 

3. Top-quality design features

<a href="https://www.urban.com.au/new-apartments/parkhill-apartments-408-spencer-street-west-melbourne" target="_blank"><img alt="" height="1331" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill-apartments-408-spencer-street-west-melbourne-fd9b2c881caccfc8ebe2917266392b4f.jpg" width="2000"></a>

Each apartment delivers high-quality features like Miele appliances and German tapware.

Other offerings include 2.7-metre high windows, private balconies and double-glazed full-height windows allowing for an abundance of natural light.

“We really want [residents] to enjoy all this space, so we provided plenty of storage options to keep your things tucked away” said Central Equity’s general manager of product design, Ian Carkeek.

The homes include plenty of hidden storage space, with built-in-robes and kitchen cabinetry, as well as a hideaway laundry in select residences. 
 

4. Great location

Parkhill is located in a compelling Melbourne CBD fringe location, only metres from the tranquil Flagstaff Gardens and other amenities.

Residents will have convenient access to shopping and dining offerings, universities, Melbourne’s employment hub and excellent public transport services. 
 

5. Countless amenities

<a href="https://www.urban.com.au/new-apartments/parkhill-apartments-408-spencer-street-west-melbourne" target="_blank"><img alt="" height="1331" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill-apartments-408-spencer-street-west-melbourne-e949846ce0c9b496d328aea3b18e298c.jpg" width="2000"></a>

Designed to be the ideal place to work, live and play, Parkhill’s lifestyle offerings include a rooftop gymnasium with views of Melbourne’s skyline and a rooftop garden terrace.

The terrace provides a calming, landscaped setting to entertain family and friends, featuring dedicated seating areas, mature planting and barbeque facilities.

On the ground floor, a grand foyer and seven-day concierge help welcome you home.

Other features include two levels of secure basement parking, on-site video security, secured lift access and plenty of bicycle storage.
</body></html>

Already proving popular with city residents who value location and won’t compromise on style and design quality, Parkhill sets the standard for West Melbourne apartments

max.kwok_55688

Here are the top selling points of Central Equity's brand-new development Parkhill Apartments

<html><body>
Owner-occupiers can stand to save up to $73,000 in the Parkhill apartment development in West Melbourne.

The project developer Central Equity are matching the VIC government's $15,000 HomeBuilder grant to save Parkhill buyers $30,000.

That, combined with the potential to save up to $43,000 in stamp duty for owner-occupiers, totals $73,000 of savings. 

[smartcode_project:default project_id=27406]

Investors will benefit from the $24,500 in stamp duty concessions, and Central Equity are offering a rental guarantee for investor purchasers.

One bedroom apartments in the block start from $479,000, or closer to $400,000 for owner-occupiers after the savings boost.

Two bedroom apartments start from $619,000, up to $819,000 when including an extra bathroom and a parking space.

<a href="https://www.urban.com.au/new-apartments/parkhill-apartments-408-spencer-street-west-melbourne"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_melbourne_render_2.jpg" width="1202"></a>

The apartments, many spanning more than 70 sqm, have been designed by Central Equity's inhouse design team. They all have up to 2.7 metre high ceilings, a gourmet kitchen with stone benchtops and Miele appliances and bathrooms with German tapware.

The development has a 6.5 star energy rating, with apartments fitted with double glazed windows.

Residents in the building will have access to a seven day concierge, a rooftop gym and a rooftop garden, complete with barbecues and outdoor seating.
</body></html>

Owner-occupiers can stand to save up to $73,000 in the Parkhill apartment development in West Melbourne.

Central Equity

Recent news and updates

Developments

New apartments

New townhouses

News