Assemble Managing Director, Kris Daff said this premier site located at the northern edge of the Preston-High Street Major Activity Centre, presents a significant opportunity for the area.

Australian superannuation fund, AustralianSuper, will invest in the project, providing a pathway to home ownership for moderate-income buyers.

A new wave of luxury apartment living is arriving in Melbourne, with discerning buyers seeking high-end amenities, communal resident spaces and elegant design.

Urban recently spoke with Assemble’s director of marketing and relationships, Rebecca Shackleton, to discuss the rent-with-the-option-to-buy development.

Headed by managing director Kris Daff, Assemble has secured rezoning of two key residential and mixed-use sites in Clayton and East Bentleigh

Urban takes a look at nine amenities that reflect the world-class amenities available at 4 Ballarat St

The team worked together to ensure best practice waste and sustainability targets were in place at the 171-residence development

ABS data showed first home buyer commitments remain 20.4 per cent higher compared to this time last year.

The building sits in the heart of Brunswick, a popular location for cafes and restaurants.

"This is our opportunity to give back in a meaningful way," Assemble Managing Director Kris Daff said.

The project supports you on a path toward homeownership by enabling you to move in and rent your apartment for five years, while you save to buy it

One of Melbourne's most recognised developer, Tim Gurner, says it is not the time to kill one part of the economy that is providing strength and jobs for Australia.

The current factory site will be converted by architecture firm Fieldwork to home 171 studio, one, two and three bedroom apartments

At least 20 per cent of the dwellings will be within the low-income housing component of each community

The purchase of 402 Macaulay Road means Assemble are now developing 650 dwellings in the Kensington area, collectively valued in excess of $500 million.