Three developments in Melbourne and Sydney to launch for sale in Singapore; prices from A$705,000
Park Avenue Residences rises in St Leonards, a suburb in Sydney’s North Shore area. The project by Sydney developer JQZ features one- to three-bedroom homes, valued at A$ 980,000, A$ 1.53 million and A$ 2.06 million, specifically.
The development is approximately a six-minute walking away from the St Leonards train station, offering citizens public transport connection to the CBD. Other close-by services consist of Mall 88’s retail offerings, Royal North Shore Hospital and schools. Park Avenue Residences is anticipated to be completed this year.
The Kensington is 2 minutes away walking from Kensington Station, a stop on the L3 Kingsford Line on Sydney’s CBD and South East Light Rail network. The property is also close to significant wellness and universities, comprising the University of New South Wales.
Apartments at 3 new property developments in Australia– Cavallo, Park Avenue Residences and The Kensington– will be released for sale to Singapore purchasers throughout the weekend of Sept 19 and 20, said Savills Singapore. Cavallo stands in Melbourne, while Park Avenue Residences and The Kensington operate in Sydney.
Cavallo is a flat high rise along Clarke Street in Southbank, an inner-city suburb just south of Melbourne’s CBD. The 188-unit development provides one- to two-bedroom flats evaluating from 603 to 1,227 sq ft.
Cavallo is close to sites consisting of the Royal Botanic Gardens Victoria, South Melbourne Market and Rod Laver Arena. It additionally provides convenient connectivity to tertiary education centres consisting of the University of Melbourne’s Southbank school, La Trobe University and Victoria University.
Costs begin with A$ 705,000 ($ 639,375) for a one-bedder and A$ 1.1 million for a two-bedroom unit. Developed by Melbourne-based property developer LAS Group, the plan is slated for finalization in 4Q2028.
On the other hand, The Kensington is positioned along Anzac Parade in Sydney’s Eastern Suburbs. The mixed-use property development– a project by Australian property business TOGA Group– has 142 high-end apartments sitting atop a ground-floor retail podium.
The 3 developments present Singapore customers a breadth of residential choices, noted Adrian Lim, senior administrator and director of international non commercial sales at Savills Singapore. “Purchasers can think about not only the individual home, but also the kind of neighbourhood and way of life that best matches their demands.”
Residences at the development comprise one- to three-bedders, along with small workplace, home office (or Soho) apartments. Rates start from A$ 1.03 million for a one-bedroom unit and climb to A$ 1.96 million for a three-bedroom house; a Soho unit is priced at A$ 1.74 million.
Savills Singapore will hold a launch event for the projects at Voco Orchard Hotel from 2pm to 6pm on Sept 19 and 20.
