Property developer Crown Group will launch its first Melbourne development next month, firstly to buyers in Indonesia, then China and South East Asia, followed by Australia in the New Year.
Crown Group is set to enter the Melbourne market with the launch of the Artis development in Southbank.
Set across a corner site of 2070 square metres at 175 Sturt Street, Artis will host 153 luxurious one, two and three-bedroom apartments and penthouses.
Crown Group Chairman and CEO Iwan Sunito said the project was part of Crown Group’s plan to create a $3 billion development pipeline in Melbourne.
“We are confident to launch in the current market because we are supported by key market fundamentals – it is in a prime, highly sought-after location outside of the Melbourne CBD," he said.
Source: Crown Group
"There is strong demand for a boutique development with unique design, and there is a restricted supply of such a product.”
Crown Group, which has offices in Sydney, Brisbane, Indonesia, and Los Angeles, has teamed with experienced Melbourne residential developer G3 Projects for the development
Residents will have access to Crown Group’s signature resort-style facilities, which include a beautiful rooftop lounge with garden and children’s play area, level one gym and spectacular indoor pool and jacuzzi.
A community arts space and café will provide a space for local artists to exhibit.
Melbourne Arts Precinct in Southbank shows more than 3000 performances and exhibitions each year.
In addition to housing Australia’s most visited gallery, the National Gallery of Victoria, it is also home to Arts Centre Melbourne, which boasts performances from the likes of The Australian Ballet, Melbourne Symphony Orchestra, Melbourne Theatre Company and Opera Australia.
The Victorian Government is now working to transform the Melbourne Arts Precinct into one of the great creative and cultural destinations of the world with a $200 million funding boost.
Click here for more information about Crown Group.
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