I have personally been lucky enough to travel the world, I’ve visited over 45 countries and I must say, living in the award-winning architectural building YVE building, located at 576 St Kilda Rd Melbourne is an absolute dream.
I love the building for all its amenities, the gym, pool, 24/7 concierge, executive lounge, secure private access and of course, its design. But what I enjoy the most about living where we live is the location. I’m close enough to the city without being at the heart of the action (i.e. the noise and crowds). I can walk to the MCG, Toorak Road, Greville and the restaurants on Chapel Street.
I’m spoilt for choice when it comes to green open space: Albert Park Lake is literally 200 meters away and I call it my backyard that I don’t need to maintain. Fawkner Park and the Royal Botanic Gardens are also a short stroll away.
If I ever decided to leave the YVE building, I would be looking to stay in the area and focus on an A-grade suburb like South Yarra; my favourite pocket by far is the Domain precinct which is located between the Botanical Gardens and Fawkner Park. https://www.industryinsider.com.au/why-south-yarra-is-a-great-place-to-call-home/
There are several tram routes at our doorstep every 3 minutes, Wesley College across the road and Albert Reserve Tennis and Cricket Club just down the road.
Add to this the Metro Tunnel development, which includes five brand new underground train stations in the inner ring of the Melbourne CBD.
St Kilda Road residents will benefit from the new Domain station planned for the corner of St Kilda Rd and Domain Road.
The train station will service thousands of residents and workers who live and work in the St Kilda Rd precinct and travel across the city.
This will make commuting from the south side to the north side of the CBD a breeze. This project has been underway for over three years and is due to be completed by the end of 2025.
If you are a resident of the area like myself, you will know there has almost always been a crane and construction underway in the area!
We’re now seeing a shift from office buildings to more specific boutique apartment living.
Over the last three years, eight commercial office towers have been acquired for redevelopment to residential apartments.
Lindsay Fox is also aiming to replace Linfox’s office at 498 St Kilda Rd with a 148-unit 20-storey tower that will overlook the scenic Fawkner Park. Qualitas purchased the office next door to Fox Headquarters in 2015 and are currently midway through a 300 million luxury apartment conversion.
The commercial market has been running hot along St Kilda Road. During the last 12 months, the recent results indicate that foreign investment in the commercial space is growing at a rapid rate.
Here are some recent sales in the St Kilda Road precinct.
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