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MELBOURNE | 596 St Kilda Road | 19L | 60m | Residential

Mark Baljak's picture
#1

New one for St Kilda Rd by Bates Smart

Site

Design precedent

Ground

Elevation

Materials

Renders

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Melbourne_Fragments's picture

the 'design precedents' shown are probably a lot better architecture than the design, but I think it's nice the current late-deco block of flats is being replaced by something referencing more progressive architecture from the mid-century period

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3000's picture

I think it's a good outcome. Reasonable setback from the main road and easily is better than what's currently there.

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Aussie Steve's picture

Yes indeed, a great addition to St Kilda Road.

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Les Whyte's picture

Yes it sure is a great addition to St Kilda Road....l have notice that a lot of office blocks are being converted or bulldoze on St Kilda Road, to apartments blocks....l often wonder if the same thing will happen on Royal Parade and Fleminton Road, Parkvile, and Victoria Parade, Fitzroy and Collingwood.

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Michael Berquez's picture

Bosco verticale eat yer heart out.

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Mark Baljak's picture

Singapore’s Lian Beng flips Melbourne site for $10m windfall

Singapore-listed developer Lian Beng Group has flipped a Melbourne site for a tidy $10 million profit after owning it for less than two years.

The group announced the sale of 596 St Kilda Road for $34 million to a Taiwanese-based developer, who is understood to be a first time entrant to the local market.

Lian Beng paid approximately $24.35m for the block of older apartments in October 2015, then gained planning approval for a 170-unit project and received several unsolicited offers for the site.

Lian Beng executive director Matthew Ong said the group was not exiting the Australian market and planned to use the proceeds for further investments in Australia.

“We are just recycling capital,” Mr Ong said. “We are looking to find appropriate investments in both Melbourne and Sydney in the immediate term, we see Australia as a stable and prudent location for our diversification.”

http://www.theaustralian.com.au/business/property/singapores-lian-beng-f...

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Development & Planning

Tuesday, August 22, 2017 - 12:00
Architecture practice HASSELL is heading design efforts for a new office development with an end value of $163 million that will see job search firm SEEK take root within Cremorne. The atypically shaped campus-style building was lodged with City of Yarra earlier this month, nominating a large land parcel at 60-88 Cremorne Street as SEEK's new headquarters.

Policy, Culture & Opinion

Wednesday, August 9, 2017 - 12:00
Carolyn Whitzman , University of Melbourne Liveability is an increasingly important goal of Australian planning policy. And creating cities where residents can get to most of the services they need within 20 to 30 minutes has been proposed, at both federal and state level, as a key liveability-related mechanism.

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Visual Melbourne

Thursday, August 10, 2017 - 12:00
Part Three follows on from the Part One: Yarra's Edge and Part Two: Victoria Harbour. The focus of today's piece will be NewQuay and Harbour Town, the northern most precincts within Docklands. NewQuay NewQuay was the first precinct to open way back in 2003 and has probably evolved the most.

Transport & Design

Tuesday, August 22, 2017 - 00:00
Comment It was looking flakey already but now with the announcement over the weekend that the on-again, off-again rail port shuttles are back on the agenda, the West Gate Tunnel project has gone beyond barely scraping through the sniff test to stinking to high heaven.

Sustainability & Environment

Monday, August 21, 2017 - 12:00
The notion of Melbourne becoming a 20-minute City has been explored heavily in recent times. Seeking to provide Melburnians with the ability to 'live locally', the 20-minute City, in essence, strives to provide people with the ability to meet most of their everyday needs within a 20-minute walk, cycle or local public transport trip of their home.