South Melbourne
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A JEWEL IN THE URBAN LANDSCAPE SOUTH MELBOURNE POPULATION GROWTH LOCAL AREA STATISTICS SOUTH 80,000 30,000 New residents forecast by 2031 MELBOURNE New residents forecast by 2050 RENEWAL RENTAL YIELD AND VACANCY RATES PRECINCT 4.5% 2.0% Average rental return for Vacancy rate recorded in November 2017 South Melbourne for South Melbourne INVESTMENT ANALYSIS South Melbourne is set to become • 80,000 jobs through the creation Within the Regeneration Program • Changes to Railway Place, Douglas, a destination of choice for families of additional high value jobs and FIFTEEN85 South Melbourne directly Ferrars, Meaden, Buckhurst with plans that boost transport businesses benefits from the The Ferrars Street and Kerr Streets are planned 2 bedroom apartment average connections, homes, parks, schools Education and Community Precinct to promote pedestrian priority, • Balancing growth and liveability rental yield ($547/week) and services for the growing and the Montague Precinct planning. sustainable transport and safe 4.8% through robust planning controls community. The Ferrars Street Education and access to the new school and that deliver community benefits Community Precinct is a catalyst precinct. 5.1% The Fishermans Bend Framework such as parks, and stronger height project for the Montague precinct. 3 bedroom apartment average rental delivers the vision for the area to and overshadowing provisions The new precinct is being delivered 1 bedroom apartment average It showcases how community yield ($730/week) 2050 so that it becomes a global through a collaboration between the rental yield ($436/week) 3.1% • 4 primary schools including South infrastructure and public spaces will benchmark for smart, sustainable Fishermans Bend Taskforce, City of Melbourne (Ferrars Street) Primary be designed and delivered for area. development where people want to Port Phillip, Victorian School Building School now opened, a public live, work, learn and invest. Further improvements to the precinct Authority, Public Transport Victoria secondary school and multi-purpose are also being carried out to enhance and VicRoads. Key initiatives include: health, arts and sports community the connectivity and safety of the hubs. • New walking and cycling precinct: >30% connections, immediate Fishermans Bend will be Australia’s >60% • Upgrades to the nearby tram stops enhancements to bus services and largest Green Star – Community on Route 109 (stop 125A) and of South Melbourne’s population is made of renters in South Melbourne are planning for a future tram network and sustainability goals will drive Route 96 (stop 126) have been up of professionals & managers aged between 25 to 39 and metro rail connection linking the overall social, environmental completed, providing pedestrian the CBD to western Melbourne via and economic planning for the priority and safe access to the new Fishermans Bend precinct. The early stage of the area’s primary school and the local area. South Melbourne is ranked 8 out of 10 in terms development is an advantage to of walkable ease to the Greater Melbourne area • Doubling open space to the 8/10 introducing mass scale efficiencies • The City Road/Ferrars Street road equivalent of 2/3rds the size of in water, energy, construction and intersection has been upgraded to Docklands featuring an additional 4 services. provide safe access for pedestrians, Source: (ABS Forecast via Urbis Report and 2016 Census results) AFL size ovals, 6 soccer pitches and cyclists and cars to new primary 8 outdoor courts school and precinct. • Housing choice and diversity for 80,000 residents ARTIST IMPRESSION THE RISE OF A NEW GLIMMERING FOCAL POINT IN RESPITE SOUTH MELBOURNE. One of three glass towers, this cobalt-blue reflective facade takes its inspiration from renowned American glass artist Josiah McElheny, known for his pure and transparent installations. The artist’s reflective, pure and utopian ideals are beautifully illustrated in Elenberg Fraser’s blue-sky filled architectural expression. EDUCATION IS FOR IMPROVING THE LIVES OF OTHERS AND FOR LEAVING YOUR COMMUNITY AND WORLD BETTER THAN YOU FOUND IT. – MARIAN WRIGHT EDELMAN The first of three towers at FIFTEEN85, enjoys its The new South Melbourne Primary School proximity to Melbourne’s CBD, Docklands and the and parkland at the end of the street brings Crown Casino, as well as prized local amenities together the best of both worlds: the city such as the South Melbourne Market and the new and a neighbourhood community. adjacent South Melbourne Park. ARTIST IMPRESSION ARTIST IMPRESSION ARTIST ST VINCENT GARDENS SOUTHERN CROSS STATION & DFO SOUTH WHARF OUTLET SOUTH MELBOURNE PRIMARY SCHOOL MELBOURNE SPORTS & AQUATIC CENTRE SOUTH MELBOURNE MARKET MELBOURNE CONVENTION & EXHIBITION CENTRE CLARENDON STREET SHOPPING PRECINCT CROWN CASINO EUREKA SKYDECK AUSTRALIAN CENTRE FOR CONTEMPORARY ART ARTS CENTRE NATIONAL GALLERY OF VICTORIA ALBERT PARK LAKE FITZROY GARDENS KINGS DOMAIN PARKLANDS ROD LAVER ARENA OLYMPIC PARK PRECINCT MELBOURNE CRICKET GROUND QUALITY IS NOT AN ACT, IT IS A HABIT. – ARISTOTLE ARTIST IMPRESSION THE YARRA RIVER OFFERS STUNNING PANORAMAS, WITH THE MANY FOOT BRIDGES ALLOWING YOU TO EXPLORE THE LANEWAYS EMANATING FROM ITS BANKS. WEST GATE FREEWAY NORTH MELBOURNE ARTS / ENTERTAINMENT ARTS PRECINCT 1 MEADEN ST CROWN CASINO 2 CBD EUREKA SKYDECK 88 3 EXISTING LIGHT RAIL FEDERATION SQUARE 4 7 MELBOURNE CONVENTION CENTRE 5 17 66 WHITEMAN ST NATIONAL GALLERY OF VICTORIA 6 QUEEN VICTORIA MARKET 7 WEST KERR ST DOUGLAS ST GLADSTONE STREET STATE THEATRE (ARTS CENTRE) 8 MELBOURNE 20 32 44 SOUTH EDUCATION / HISTORICAL EAST MELBOURNE 15 MELBOURNE ALBERT PARK COLLEGE 9 33 SCHOOL FERRARS STREET LIGHT RAIL TO CBD GALILEE PRIMARY SCHOOL 10 MAC ROBERTSON GIRLS HIGH SCHOOL 11 22 29 43 MELBOURNE GIRLS GRAMMAR 12 MELBOURNE CBD MELBOURNE GRAMMAR 13 25 30 MIDDLE PARK PRIMARY SCHOOL 14 31 53 PARLIAMENT HOUSE 15 21 BUCKHURST STREET PORT MELBOURNE PRIMARY SCHOOL 16 DOCKLANDS RETAIL RMIT 17 41 SPENCER ST SOUTH MELBOURNE PRIMARY SCHOOL 18 28 SOUTHBANK LIBRARY 19 STATE LIBRARY 20 4 65 TOWN HALL 21 63 VICTORIA UNIVERSITY 22 FLINDERS ST WESLEY COLLEGE 23 46 37 1 MAJOR PRECINCTS / SHOPPING ST KILDA RD BAY STREET SHOPPING PRECINCT 24 3 8 50 BOURKE STREET MALL 25 6 CHAPEL STREET PRECINCT 26 45 CROWN CASINO 27 27 DEGRAVES STREET 28 2 EMPORIUM 29 SOUTHBANK 36 5 38 GPO 30 LUXURY SHOPPING COLLINS STREET 31 19 MELBOURNE CENTRAL 32 WEST GATE FREEWAY QV MELBOURNE 33 SOUTH MELBOURNE MARKET 34 SOUTH MELBOURNE VILLAGE 35 62 BOTANIC GARDENS SOUTH WHARF 36 64 48 SOUTHGATE SHOPPING COMPLEX 37 18 57 51 PARKS & RECREATION 35 12 AAMI PARK 38 61 LOCAL CLARENDON ST ALBERT PARK GOLF COURSE 39 55 ALBERT PARK LAKE 40 34 58 ETIHAD STADIUM 41 54 FAWKNER PARK 42 KINGS WAY 13 FITZROY GARDENS 43 FLAGSTAFF GARDENS 44 HISENSE ARENA 45 60 MELBOURNE CRICKET GROUND 46 16 59 10 11 MELBOURNE SPORTS & AQUATIC CENTRE 47 NEW SOUTH MELBOURNE PARK 48 PORT MELBOURNE BEACH 49 PORT FERRARS ST 56 ROD LAVER ARENA 50 MELBOURNE ROYAL BOTANIC GARDENS 51 52 42 ST VINCENT GARDENS 52 TREASURY GARDENS 53 24 LEISURE & GRAND PRIX RESTAURANTS & CAFES CHEZ DRE 54 40 CLAYPOTS 55 47 COPPERSMITH HOTEL 56 BEACH DEAD MAN ESPRESSO 57 9 26 49 GIDDIUP 58 HARRY & FRANKIE 59 HONEY BAR & RESTAURANT 60 ST ALI COFFEE ROASTERS 61 39 67 HEALTH/TRANSPORT 14 CITY ROAD TRAM STOP 62 FLINDERS STREET STATION 63 MIDDLE PARK 23 MONTAGUE TRAM STOP 64 SOUTHERN CROSS STATION 65 ST VINCENTS HOSPITAL 66 PRAHRAN THE ALFRED HOSPITAL 67 500 METRES Melbourne’s educational precinct is a short tram ride away Whether it’s the National Gallery of Victoria or the Victorian State Library, the city’s cultural and educational institutions, such as RMIT University and Melbourne University are only a short tram ride away. Having so many gardens and waterside parks just a stone’s throw away creates an enviable living environment. Located just adjacent, will be the newly established South Melbourne Park. The Royal Botanic Gardens also offer a 36 hectare picturesque haven. THE SMELL OF ROASTED COFFEE BEANS AND FRESH BREAD AT THE SOUTH MELBOURNE MARKET ARE SIMPLE PLEASURES, AS ARE THE DELIGHTFUL AROMAS FLOWING THROUGH FROM THE OTHER STALLS. Fresh fruit and vegetables selected from some of Victoria’s finest growers can be on the table within moments. Or let someone else do the cooking and enjoy the gourmet delights from one of the many cafes and restaurants conveniently located in Claredon and Bay Street or nearby St Kilda and Albert Park. WITH DOCKLANDS LITERALLY AT ONE’S FRONT DOOR, THE OPPORTUNITIES ARE YOUR’S FOR THE TAKING. THE CLOSENESS OF THE CITY IS CALMED BY THE PROXIMITY OF ALBERT PARK LAKE. Walking along the beach and the pier or cycling on the bayside roads form an integral part of living so close to the bay. The sea air and sound of water creates a resort-like feel. TOWER ONE TOWER TWO TOWER THREE ARTIST IMPRESSION LIVING ON THE EDGE OF THE CITY ALLOWS A CERTAIN REFLECTION ON THE DAY JUST PASSED. ARTIST IMPRESSION ARTIST IMPRESSION A quick coffee before heading off to work or buying something forgotten, having retail amenities at street level makes everyday living that much easier, not to mention the nearby schools and parks. CONSIDERED RESORT-LIKE PODIUM, A PERFECT WAY TO APPRECIATE THE ESCAPE. ARTIST IMPRESSION REFINED AREAS FOR TIME TO YOURSELF OR TO ENGAGE WITH FRIENDS AROUND THE FIRE. What better way to entertain family and friends than enjoying a meal around the table in the communal dining area, pre-booked for those special occasions ARTIST IMPRESSION ARTIST IMPRESSION ENHANCE YOUR LIFESTYLE EXPERIENCE. ARTIST IMPRESSION ARTIST IMPRESSION ARTIST IMPRESSION, POOL LOCATED IN TOWER TWO OF FIFTEEN85 ENJOY FLOOR TO CEILING VIEWS OF MELBOURNE SKYLINE’S MOST COVETED VISTAS. ARTIST IMPRESSION THE DETAILS ARE NOT THE DETAILS. THEY MAKE THE DESIGN. – CHARLES EAMES ARTIST IMPRESSION Apartment interiors are contemporary and beautifully detailed including kitchens with the latest finishes.