The only thing constant about St Kilda is change

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1 Love St Kilda. Love

2 The only thing constant about St Kilda is change New fashions, new venues, new ideas. Artists, musicians, young designers; creative people from all over the globe are drawn to the city by the sea.

3 Rising up out of St Kilda Road is Maxx The ground and first floor levels form a podium for the remainder of the building. These commercial areas include a café/retail outlet that is bathed in sunshine for most of the day, all year around. The perfect spot to linger over a coffee with your friends. Above this podium sit eleven levels of apartments that have been designed and orientated to take in the spectacular views of the city, Albert Park Lake or Port Phillip Bay. The building s design has been based on a contemporary aesthetic and architectural principles incorporating innovative architectural elements and environmentally sustainable features. Maxx external (computer generated image).

4 A prominent building on a prominent site Making the most of the elevated position, Fender Katsalidis Architects have created light-filled apartments with sweeping views over Port Phillip Bay and the city skyline. Sit on your private balcony and watch the lights come on in the city. Slide back the doors and let the cool sea breeze flow through. The building architecture, the external façade fabric and the internal finishes have all been carefully assembled in order to create a landmark building with a scale and design befitting its position on this premier boulevard of Melbourne. foyer image Maxx view from level 11 looking towards the city (computer generated/combined image). 2. Maxx foyer (computer generated image).

5 Take a stroll down Fitzroy Street on a warm summer evening. Couples exchange glances over wine at an outdoor café. Music drifts up from the park. Families cool off down on the beach. Where else but St Kilda? After work drinks Prince of Wales front bar. 2. St Kilda Festival action. 3. Cooling off at St Kilda Beach. 4. Sunset Jacka Boulevard. 5. Outdoor bar. 6. Street life. 3 6

6 Minutes from the city minutes from the bay Restaurants, bars and pubs. The shops, the cafés and the beach. Cycling around the bay, tramming it into the city. Why would you live anywhere else? MIDDLE PARK ALBERT PARK AUGHTIE DVE Albert Park Lake QUEENS RD LAKESIDE DVE ST KILDA RD St Kilda Junction Tram Station PUNT RD CBD 4 kms WINDSOR DANDENONG RD WELLINGTON ST Windsor Train Station CHAPEL ST CANTERBURY RD Alma Park East 3 BEACONSFIELD PDE PARK ST ST KILDA WEST St Kilda Light Rail Station PRINCES ST ST KILDA ALMA RD Alma Park West Hobsons Bay Catani Gardens FITZROY ST GREY ST BARKLY ST ST KILDA RD CHAPEL ST ST.KILDA EAST ACLAND ST INKERMAN ST 1 Royal Melbourne Yacht Club Aldi Supermarket St Kilda Pier Kiosk JACKA BLVD St Kilda Sea Baths THE ESPLANADE CARLISLE ST Safeway Supermarket 4 PORT PHILLIP BAY N ST KILDA BEACH St Kilda Life Saving Club Luna Park Safeway Supermarket Coles Supermarket Acland Court St Kilda Town Hall Balaclava Train Station BALACLAVA Bike Paths Tram Stations / Routes Peanut Farm St Kilda Botanical Gardens Train Stations / Lines MARINE PDE Bus Routes Dining / Bars / Shopping Precincts ELWOOD BRIGHTON RD GLEN EIRA RD Parks / Reserves metres St Kilda Marina 1. Outdoor café. 2. Sunday session at the Espy 3. Sunday afternoon at St Kilda Beach. 4. Exercising along the Esplanade.

7 Relax and enjoy your 5 star energy rated apartment These are light-filled and energy efficient spaces which take advantage of the north, east and west solar benefits. Enjoy all the conveniences; reverse cycle air conditioning, wiring for cable TV, underground parking and lift access. Enjoy the security of voice control and video apartment access and remote control carpark entry gates Maxx living area (computer generated image). 2. Maxx balcony (computer generated image).

8 1 Wander through your new home and take a moment to appreciate the details The smooth feel of the glass splashbacks and stone benchtops in the kitchen and bathroom. The quality carpeting and cool tile floors underfoot. The light streaming through floor to ceiling windows. It s all yours to enjoy at Maxx Maxx kitchen (computer generated image). 2. Maxx bathroom (computer generated image).

9 Bay views from Maxx

10 City views from Maxx

11 Level 2 North view: Level 2 South view: Level 2 East view: Level 2 West view: Level 2

12 Level 4 North view: Level 4 South view: Level 4 East view: Level 4 West view: Level 4

13 Level 6 North view: Level 6 South view: Level 6 East view: Level 6 West view: Level 6

14 Level 8 North view: Level 8 South view: Level 8 East view: Level 8 West view: Level 8

15 Level 10 North view: Level 10 South view: Level 10 East view: Level 10 West view: Level 10

16 Level 12 North view: Level 12 South view: Level 12 East view: Level 12 West view: Level 12

17 There s always something on in St Kilda. 2. Relaxing St Kilda style. 3. St Kilda nightlife. 4 St Kilda street art. 5. Kite boarding - West Beach. 6. Fitzroy Street night life. 5 6

18 Investment 450 Number of sales St Kilda $380,000 $450,000 St Kilda sales St Kilda Median Rental Rates 1 Bedroom Apartments St Kilda rentals for 1 bedroom apartments Number of sales $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 Median sales price After a spike in sales occurring in 2000, transaction levels in St Kilda dropped by nearly half. This is most likely to be attributable to a lack of new stock entering the market. Following past trends and the current state of the property cycle in St Kilda, we would assume that pent up demand and limited supply in the area will cause median prices to increase significantly over the short to medium term with initial signs of the upswing already apparent $240 $260 $280 As the growing trend for smaller households continues we are likely to see an increased demand for one bedroom apartments which are proving more popular amongst the DINKS (double income no kids) demographic and also lone person households which make up nearly half the population of residents in St Kilda. 100 $100, $50, Mar 1999 Sep 1999 Mar 2000 Sep 2000 Mar 2001 Sep 2001 Mar 2002 Sep 2002 Mar 2003 Sep 2003 Mar 2004 Sep 2004 Mar 2005 Sep 2005 Mar 2006 Sep 2006 Mar 2007 Sep 2007 Quarterly Source: RP Data. Prepared by: Colliers International Mar 2008 Sep 2008 Mar 2009 Sep 2009 $0 Source: Office of Housing. Prepared by: Colliers International St Kilda Median Rental Rates 2 Bedroom Apartments $310 $350 $370 St Kilda rentals for 2 bedroom apartments Low vacancy rates coupled with a lack of new stock entering the market has seen rental rates increase substantially rising to over $370 per week in the March quarter of This represents an overall increase of nearly 20% over the past 2 years $0 Jan 2000 Mar 2000 Jan 2001 Mar 2001 Jan 2002 Mar 2002 Jan 2003 Mar 2003 Jan 2004 Mar 2004 Jan 2005 Mar 2005 Jan 2006 Mar 2006 Jan 2007 Mar 2007 Jan 2008 Mar 2008 Jan 2000 Mar 2000 Jan 2009 Jan 2001 Mar 2001 Jan 2002 Mar 2002 Jan 2003 Mar 2003 Jan 2004 Mar 2004 Jan 2005 Mar 2005 Jan 2006 Mar 2006 Jan 2007 Mar 2007 Jan 2008 Mar 2008 Jan 2009 Source: Office of Housing. Prepared by: Colliers International

19 The Team Linara Projects Group Founded by Leon and Harry Mrocki and specializing in high quality residential developments, the Linara has constructed several landmark developments in the past 15 years. These include the Victoria Hotel Apartment redevelopment in Beaconsfield Parade and the award winning Uniting Church development on the corner of Princes and Fitzroy Streets St Kilda. Fender Katsalidis Architects Fender Katsalidis Architects is renowned for cutting edge design with creative and commercial solutions to meet client s needs in terms of modern, innovative, and environmentally sustainable designs. The practice undertakes projects throughout Australia and internationally ranging from master planning, urban design and architectural design of residential, civic, cultural, commercial, and resort developments. Fender Katsalidis approach has generated a high practice profile and gained many design awards. 1 Powlett Street East Melbourne Hickory Developments The construction industry is constantly changing. Architectural style, building material technology and community priorities all shift over time and effect the way we conduct our operations. At Hickory Developments, we embrace change and continually strive to meet new challenges. Whilst our industry is always evolving, there are some aspects of our business which will never change. Hickory is committed to delivering quality outcomes for clients and maintaining a reputation for integrity by always fulfilling our commitments. St Ninians Brighton CBG Architects Acclaimed Melbourne Architects, CBG Architects Pty Ltd are proud to be part of the architectural team working on Maxx. Established in 1981, CBG Architects have developed a reputation for designing very successful high quality residential and commercial projects. Projects include the exclusive apartments at 1 Powlett Street, East Melbourne, The Vibe apartments at Barkly Street, St Kilda and the 50 level Barton Tower soon to commence construction at 320 Russell Street, Melbourne. Eureka Tower Melbourne The Esplanade St Kilda

20 Photographs in this brochure are intended to be visual aids only and do not necessarily depict the actual development or the actual stages or state of development of the project described. Readers are invited to inspect the projects described or make further enquiries of the development in relation to the same. The developer gives no warranty and makes no representation as to the truth, accuracy or sufficiency of any description, photograph or statement contained in this brochure/advertisement. The developer accepts no liability for any loss which may be suffered by any person who relies either wholly or in part upon any description, photograph or statement contained herein.

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