|Address||41-49 Bank Street, South Melbourne|
|Developer||Virgate Property Group|
|Designer||Bruce Henderson Architects|
|Number of dwellings||174|
|Floorplan||One bedroom, Two bedrooms, Three bedrooms|
South Melbourne is set to benefit from significant infrastructure investment, such as ANZAC Station, providing an underground rail connection into Melbourne’s CBD from the intersection of St Kilda Road and Park Street.
RETAIL & ENTERTAINMENT
South Melbourne is home to the South Melbourne Market and Clarendon Street activity centre. South Melbourne Market is the oldest market in Melbourne, operating for over 150 years. It houses over 145 traders offering fresh fruit and vegetables, meat, seafood and deli foods, as well as fashion, toys and a plant nursery.
Clarendon Street is a major retail shopping strip including fashion stores, restaurants, sporting retailers, grocery stores, bars and cafes, and the Clarendon Centre, which is anchored by a Coles supermarket and has more than 20 stores.
Melbourne CBD shopping and entertainment was recorded as the most popular tourist destination in Melbourne. In the year ending March 2018, some 1.8 million international tourists visited the CBD. Getting to the CBD from South Melbourne is a 10-minute tram ride along St Kilda Road.
Schools in South Melbourne include the new South Melbourne Primary School, Montague Continuing Education Centre and Galilee Regional Catholic Primary School. Being located south of Melbourne, the suburb is also in proximity to some of Victoria’s most prestigious schools. Some of these schools that are located within a 10-minute drive of South Melbourne include MacRobertson Girls High School, Wesley College and Melbourne Grammar School. These schools are among Melbourne’s top performing institutions with MacRoberton Girls placing as the highest ranked school in 2017. Additionally, residents can access The University of Melbourne, RMIT University and Victoria University Flinders Campus within 10 to 15 minutes via tram or car. When operational, residents will also be able to travel via the Metro Tunnel. With schools being instrumental to demand for housing, South Melbourne is well positioned to see future benefit.
YARRA RIVER & PORT PHILLIP BAY BEACHES
Located approximately one kilometre north of South Melbourne are the banks of the Yarra River. Paths for cycling, running and walking connect into the Capital City Trail and Yarra River Trail. The river itself is popular for rowing, kayaking and leisure boat trips. To the south, Port Melbourne, Middle Park and St Kilda beaches are popular for swimming and also offer cycling and walking paths. Water sports such as kite surfing and paddle boarding are popular at these beaches, which also offer restaurants and retail amenity.
LEISURE & OPEN SPACE
South Melbourne residents have access to parks and reserves in the surrounding neighbourhood. These include, Sol Green Reserve, Skinners Adventure Playground, Lyell Iffla Reserve and St Vincent’s Gardens. South Melbourne residents also have access to over 240 hectares of open space nearby, at the Botanical Gardens and Albert Park:
• The Albert Park precinct lies to the south of South Melbourne and comprises Albert Park Lake, Albert Park Golf Course, and the Melbourne Sports and Aquatics Centre. It is also the location of the Melbourne Formula 1 Grand Prix.
• To the east of St Kilda Road, Melbourne’s Royal Botanic Gardens contains the Sidney Myer Music bowl, the Shrine of Remembrance and popular running tracks.
Please contact us for more information.