Sand, sea and tonnes of style
There’s nothing to do but enjoy the luxurious surrounds while taking in the sea view in this five-star residence
There’s nothing to do but enjoy the luxurious surrounds while taking in the sea view in this five-star residence
If Melbourne is the most liveable city in Australia then the inner circle location of St Kilda must be amongst the most liveable suburbs in the southern capital. Vibrant restaurants and cultural activities, including the iconic Luna Park, are within easy distance of the popular beach, which is itself rimmed by parkland and the Bay Trail.
Overlooking this view of bush, sand and sea is St Moritz at 14-16 The Esplanade. Designed by Fender Katsilidis, the building offers residents direct views of the beach, down the Peninsula and across the waters to Williamstown.
Completed less than two years ago, the exclusive residence was constructed on the former St Moritz ice rink. Since opening, it has become synonymous with the best of residential luxury design while offering facilities more commonly seen in five-star hotels, including a 25m pool, sauna and spa room, a fully equipped gym, a cryotherapy and floatation tank as well as a yoga and pilates space. In addition, there is also a library, a cinema and champagne bar plus a wine storage space, tasting room and private dining area.
While the properties were quick to sell, the sub penthouse has just come onto the market, offering a rare opportunity to buy into this boutique development. Positioned on the sixth floor, the three-bedroom apartment feels more like a house, with multiple thoughtfully planned living spaces and separate dining area. The marble kitchen is fully equipped for entertaining, with Gaggenau appliances, Vintec wine storage and restaurant-style Sub Zero fridges.
The master bedroom offers a full suite experience, with extensive wardrobe and dressing room and a sanctuary-style bathroom complete with generous bath and rainwater showerheads.
There’s also a dedicated four-car garage and fifth parking space, the final luxury for an outstanding property.
Address: 601G/14-16 St Moritz, The Esplanade, St Kilda
Agent: Michael Paproth 0488 300 800 The Agency Victoria
Open for inspection: Wednesday September 20, 4.30pm-5pm
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
The construction sector is roaring back to life in some Australian states while others languish in the doldrums
The home building market is on the rebound as building approvals rise, new data reveals.
Information from the Australian Bureau of Statistics shows that the total number of dwellings approved in August was up 7 percent seasonally adjusted, with apartments leading the way.
Private sector house approvals gained 5.8 percent in August while private sector residences excluding houses were up 9.4 percent. This follows on from a decrease of 14.6 percent in July and indicates a solid recovery in the Australian construction sector as the end of the year approaches.
Approvals for total dwellings were strongest in the two largest states, with Victoria recording a rise of 22.2 percent and NSW 12.5 percent. Western Australia also saw a significant rise of 12.3 percent.
In Queensland, the results were less positive for the sector, with total dwelling approvals falling by -26.9 percent. Tasmania also experienced a drop in approvals in August, down -10.1 percent and South Australia -6.9 percent.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual