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Inner-city Pads With Park Views

Domain The Age, Lorna Edwards - Published May 2015

A luxury Fitzroy Street development of 160 apartments overlooking Albert Park Lake and the city boasts hotel-style extravagances.

Like all good Melbourne main streets worth their bitumen, Fitzroy Street in St Kilda purportedly has a "Paris end".

Developers and real estate agents like to drop the name of the French capital to describe a 500-metre tree-lined stretch at the top end of Fitzroy Street opposite Albert Park parkland, which offers apartments with spectacular uninterrupted views of the city skyline over the park and the bay, and a plethora of hip restaurants and cafes.

Pace Development Group has been busy transforming the area around St Kilda Junction with six separate apartment developments from the Punt Road corner to Grey Street.

This month it launched its premium offering at 181 Fitzroy Street (yes, that's at the Paris end) with half of the apartments already sold.

The 10-level project designed by SJB Architects with interiors by Carr Design consists of 160 contemporary high-end apartments and a swanky rooftop deck featuring a 25-metre infinity pool with those stunning city, bay and park views.

"This is really the up-and-coming end of Fitzroy Street which is coming back into its own with a regeneration process happening," Pace's sales manager Daryl Wilkinson says.

"It truly has the best views in Melbourne that are guaranteed views forever – it doesn't get better than this."

Those views include a close-up look at the low-flying Roulettes and F/A-18 fighter jets during the annual Melbourne Grand Prix and colourful Fitzroy Street events over summer such as the annual Pride March and St Kilda Festival.

The building will be well staffed with a separate building manager, cleaner and a "lifestyle concierge" who can accept delivery of your dry-cleaning or even your groceries and put them in a dry or cool store. The concierge can also offer tips to residents on events happening in Melbourne each weekend.

The project includes nine three-bedroom apartments, some with third bathrooms and studies, for a cool $1,350,000 to $2.6 million. They are sized from 108 to 159 square metres internally. The penthouse sold two months before the project's launch for $4.8 million.

Eighty-seven two-bedroom apartments vary in size from 64 to 108 square metres, with some including second bathrooms and studies. They are selling for from $560,000 to $1,350,000.

There are also 64 one-bedroom apartments (some with studies) sized from 52 to 87 square metres internally with prices of $410,000 to $900,000.

Balconies are inset into the façade to offer shelter from the winds that whip up Fitzroy Street from the bay. Outdoor spaces vary from eight to 120 square metres.

All but 18 one-bedroom apartments come with a basement car park (no stackers) while some of the larger apartments have a second car park and four have their own secure garages.

There is a display suite open at 181 Fitzroy Street, St Kilda, daily noon-3pm, phone 1300 722 334.

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