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Why are residential developments in Abbotsford so sought after?
Bordered by the Yarra River, with wide tree-lined streets and parkland such as Gahan Reserve and Victoria Park makes Abbotsford, in area, one of the smallest suburbs in Melbourne.
Much of Abbotsford has heritage overlay and limited to 2 levels in height resulting in many single front weatherboard homes staying in their original, yet renovated, condition. As a result there is limited opportunity for developers to build apartments.
The proximity to the Victoria Gardens Shopping Centre to the Farmers Markets at the Abbotsford Convent give Abbotsford the unique depth of character, the Tram and Train station both available for those commuting to and from Melbourne’s CBD.
Salta has long been the driving force behind much of Abbotsford residential, retail and commercial development. The Melbourne family-owned group has prided itself on delivering quality timeless property and The Park House Apartments are no exception. Salta’s track record gives it the distinct advantage to understand the needs and wants of buyers which in this case is driven by amenity.
The advantages of property on the Yarra River are simple, never to be built out and plenty of natural light and ventilation.
Where The Park House has flourished is in its value-add amenity, above and beyond any other development in Melbourne and importantly services the entire family and age spectrum for a relatively low annual body corporate cost:
Taking into consideration Abbotsford is sandwiched in between East Melbourne and Kew, two of Melbourne’s most expensive suburbs The Park House offers 1, 2 and 3 bedroom options with traditional car parks and at an average price per square meter of $9,829.00 making it an affordable, value for money proposition especially considering the apartments are located on the Yarra River.
Whether you are a first home buyer, investor or owner occupier, The Park House ticks every box when searching to buy an inner-city apartment. It is highly recommended that you register your details below to receive more information on the development and make an appointment to view the on-site display suite on the banks of the Yarra River.