garden townhouses
cnr adelaide & foster st s facade artist impression
location A highly prized address in leafy McKinnon, offering privileged access to Melbourne s best public schools. page no. 6 17 townhouses Stunning family residences, generously proportioned and perfectly situated within a mini-village of expansively landscaped grounds. page no. 18 35 investment With continued strong growth, McKinnon provides investors with outstanding value and real security. page no. 36 39 team Delivered by leading property professionals with a proud focus on outstanding design and assured quality. page no. 40 43 contents page no. 4 / 5
location 2 a prized position with privileged access to melbourne s best public schools, discover the perfect family lifestyle in the leafy streets of mckinnon, just moments from your local train station, excellent shopping, great cafes, and an abundance of large local parks. 1. Centre Road Shopping Village 2. Glen Eira Sports & Aquatic Centre 3. McKinnon Secondary College 1 3 location page no. 6 / 7
brighton beach
hawthorn camberwell melbourne cbd 25 minutes ALBERT PARK ST KILDA MARINA melbourne cricket ground 25 minutes st kilda ROYAL BRIGHTON YACHT CLUB prahran ELWOOD VILLAGE ELSTERNWICK PARK BALACLAVA RD CAULFIELD GRAMMAR BRIGHTON GRAMMAR SCHOOL TOORAK RD HIGH ST CAULFIELD PARK ALLNUTT PARK MONASH FWY malvern MONASH UNIVERSITY CAULFIELD CAULFIELD RACECOURSE caulfield south mckinnon chadstone shopping centre 10 minutes glen huntly McKINNON SECONDARY COLLEGE VALKSTONE PRIMARY SCHOOL NORTH RD GLEN EIRA SPORTS & AQUATIC CENTRE mount waverley monash university clayton 14 minutes HUNTINGDALE GOLF CLUB CENTRE RD MONASH MEDICAL CENTRE a local area brimming with amenity brighton beach is only eight minutes away. melbourne s famous sandbelt golf courses are just down the road. excellent education opportunities are all around from mckinnon secondary college and valkstone primary school to monash university s clayton and caulfield campuses. chadstone shopping centre and the cbd are both in easy reach. BRIGHTON VILLAGE brighton DENDY PARK JASPER RD E. BOUNDARY RD YARRA YARRA GOLF CLUB COMMONWEALTH GOLF CLUB SOUTH RD brighton beach 8 minutes HAMPTON VILLAGE hampton NEPEAN HWY WARRIGAL RD CLAYTON RD PORT PHILLIP BAY SANDRINGHAM YACHT CLUB BEACH RD BLUFF RD sandringham KINGSTON HEATH GOLF CLUB CAPITAL GOLF COURSE ROYAL MELBOURNE GOLF CLUB VICTORIA GOLF CLUB BALCOMBE RD
allnutt park
J T PACKER PARK WHEATLEY RD ORMOND TRAIN STATION NORTH ROAD SHOPPING VILLAGE JOYCE mckinnon PARK secondary college 5 minutes McKINNON PRIMARY SCHOOL McKINNON FARMERS MARKET NORTH RD E. BOUNDARY RD DUNCAN MACKINNON RESERVE friendly neighbourhood community Family-friendly lifestyle doesn t get any better than this. From the great cafes, deli, bakery and specialty stores of your own McKinnon Village to the extensive shopping in nearby Centre Road, explore a local area with everything you need in close proximity. mckinnon road shopping village 5 minutes McKINNON TRAIN STATION #626 FIELD ST FOSTER ST JASPER RD McKINNON RESERVE McKINNON RD VALKSTONE PRIMARY SCHOOL The upgraded McKinnon Railway Station is less than five minutes away, and you can enjoy easy walks to local schools and large well-established parks in every direction. Dive into a wide range of leisure facilities including the multiple pools at the Glen Eira Sports and Aquatic Centre. THOMAS ST BENT ST TUCKER RD allnutt park 10 minutes BENTLEIGH TRAIN STATION centre road shopping village 7 minutes CENTRE RD glen eira sports & aquatic centre 20 minutes BENTLEIGH RECREATION RESERVE VICTORY PARK McKinnon Secondary College Zone
your place in the mckinnon school zone Situated within the highly sought-after Mckinnon Secondary College zone, Adelaide St offers exclusive access to one of Melbourne s best performing public schools securing for your family an outstanding educational opportunity, and providing a unique investment advantage in the local real estate market. With academic results consistently in the top, non-selective Victorian Government schools for the last decade, McKinnon Secondary College has earned a distinguished reputation that has led to extremely high demand for Year 7 places. Accordingly, the school enforces a strict policy of only enrolling students who permanently live in the designated zone surrounding the school. there is one feature that trumps all others in some areas of melbourne: a location within a top government secondary school zone. so popular are these high-performing schools, that enrolment is restricted to permanent residents within a set boundary. homes in the zone attract 12.5% more than similar properties outside the zone. News.com.au, 8 February, 2014 Top state high schools boost property prices. location page no. 16 / 17
adelaide st garden townhouses come home to luxurious, contemporary townhouses in leafy garden surroundings. superb 2, 3, & 4 bedroom homes designed by award winning bg architecture, in collaboration with eckersley garden architecture. Discover beautifully conceived family residences that deliver the perfect combination of spaciousness, individual privacy and sense of address and community. Designed with a varied palette of colours and natural materials to create an atmosphere of intimacy at a people-friendly scale, Adelaide St townhouses offer versatile, open plan layouts, with generous living zones opening up to large landscaped terraces and courtyards. townhouses page no. 18 / 19
adelaide st facade artist impression
foster st facade artist impression adelaide st entrance walkway artist impression
townhouses page no. 24 / 25 common courtyard facade artist impression
room to grow in luxury and comfort Designed to provide a sense of sanctuary with a family focus, the townhouses in Adelaide St offer timeless, sophisticated open-plan living which gives you plenty of space and privacy, with cross ventilation and abundant natural light throughout. Generous kitchens feature island benches to create a family hub, and spacious bathrooms and sleeping zones are beautifully finished in an elegant neutral palette. Enjoy thoughtful design details matched, with sophisticated yet hardwearing materials, such as timber flooring, reconstituted stone and timber laminate. townhouse cross-section artist impression
adelaide st facade (east) artist impression north facing courtyard & facade artist impression
townhouses page no. 30 / 31 living room artist impression
townhouses page no. 32 / 33 kitchen artist impression
bathroom artist impression bedroom artist impression
investment with an impressive record of capital and rental growth, supported by favourable demographics, mckinnon is ideally positioned for continued strong growth, offering outstanding value and excellent security for investors. the townhouses at adelaide st offer exclusive access to exceptional public schools most notably mckinnon secondary college and valkstone primary school propelling significantly higher property values compared to the surrounding areas. this property demand generated by the schools is given an even greater boost with a limited supply of homes in the enrolment zones. capital & rental growth An excellent level of public amenity such as parks, recreation facilities, shopping, dining and recreational assets combines with excellent proximity to the CBD and the premium beachside attractions of Sandringham, Brighton and St Kilda to give McKinnon enormous appeal. CAPITAL 71 GROWTH % IN McKINNON OVER 3 YEARS Over the past decade, McKinnon has experienced strong and consistent capital growth. Between 2013 and 2016, median house prices increased by 71%. This growth is expected to continue due to strong demand for housing within McKinnon, underpinned by steady population growth and a desire to access top performing public schools. Source: yourinvestmentpropertymag.com.au, October 2016 The suburb s unique education advantage has enhanced its appeal to the family market, placing investors in the perfect position to capitalise on substantial continued growth in housing value and rental prices. McKINNON MEDIAN GROWTH $2.0M $1.5M $1.0M $500K $0 Oct 13 Oct 14 Oct 15 Oct 16 House Apartment VACANCY 2.1 RATE % RENTAL 8.5 GROWTH % McKinnon has a low vacancy rate of 2.1% in comparison to 2.9% for Metropolitan Melbourne, which indicates strong rental demand for houses in McKinnon. Source: SQM Research / reiv.com.au, October 2016 McKinnon is currently experiencing strong yearly rental growth at 8.5% more than five times that of the Melbourne average of only 1.6%. Source: SQM Research, May 2016 investment page no. 36 / 37
demographics education Strong rental demand for houses within McKinnon especially two and three bedroom dwellings is supported by the following demographics of the suburb, which are forecast to support demand into the future. McKinnon consists of a large proportion of highly-educated, professional individuals, indicating good prospects of high quality tenants within the area. HOUSEHOLD SIZE WEEKLY INDIVIDUAL INCOME There is a growing demand for housing in McKinnon from couples with children. Almost 26.6% of households in the area comprise of 4 people (eg. a couple with 2 children). 16% 8% 0% $1000 $1249 $1250 $1499 $1500 $1999 $2000+ McKinnon Greater Melbourne Source: Australian Bureau of Statistics 2011 A HIGH CONCENTRATION OF HIGH INCOME INDIVIDUALS MAKING DESIRABLE TENANTS McKinnon Secondary College is consistently one of the best-performing non-selective government schools in Victoria, with enrolment restricted to permanent residents within the set boundary area. Properties within this area are worth an estimated 12.5% more than similar properties outside the zone, making Adelaide St an exceptional investment opportunity. McKINNON CHANGE IN HIGHEST QUALIFICATION ACHIEVED +400 +200 Over 45% of the population of McKinnon have a Bachelor degree or Advanced Diploma, indicating a well-educated and desirable tenant base. Between 2006 and 2011 almost 350 people with higher education joined the area, suggesting an ongoing trend of attracting educated, desirable tenants. INCREASED EDUCATION ATTAINMENT RELATES TO HIGHER INCOME RENTERS 40% 30% 20% A LARGE % OF RESIDENTS IN McKINNON ARE 4 PERSON FAMILIES 0-200 Bachelor or Advanced Diploma Vocational No Not Higher Degree or Diploma Qualification Stated 10% Source: Australian Bureau of Statistics; Census 2006 & 2011 0% McKinnon 1 Person 2 Persons 3 Persons 4 Persons 5 Persons 6+ Persons Greater Melbourne Source: Australian Bureau of Statistics 2011 EMPLOYMENT BY OCCUPATION Over 50% of the working residents of McKinnon work in a professional or managerial capacity. 21% earn above $78,000 pa, far exceeding Greater Melbourne at only 12.9%. This suggests that McKinnon is likely to attract affluent working residents who typically make great tenants. Managers Professionals Technicians/Trades Community/Service Clerical/Admin Sales Drivers/Machinery Labourers McKinnon Greater Melbourne Source: Australian Bureau of Statistics 2011 0% 10% 20% 30% 40% HIGH SOCIOECONOMIC STATUS MAKE RELIABLE TENANTS HIGHEST QUALIFICATION ACHIEVED 50% 40% 30% 20% 10% 0% Bachelor or Advanced Diploma Vocational No Not Higher Degree or Diploma Qualification Stated McKinnon Greater Melbourne Source: Australian Bureau of Statistics 2011 HIGHER EDUCATION RELATES TO HIGHER INCOME & WEALTH investment page no. 38 / 39
team 1 3 2 1. Elsternwick Place facade 2. Saint Martin Brighton facade 3. McKinnon Place facade 4. Richmond Place interior developer citiplan 4 citiplan is a melbourne-based property development company. for over twenty years, citiplan has consistently delivered highquality buildings that contribute to melbourne s urban fabric and offer exemplary environments for those who work and live in them. with diverse and extensive experience as both a luxury apartment and townhouse developer, citiplan brings unique expertise to the residential sector, creating an outstanding architecturally designed residences, carefully planned to maximise space and liveability, and located in inner-city areas with convenient access to services and public infrastructure. team page no. 40 / 41
1 architect bg architecture BG Architecture is an award winning, design focused practice with an extensive portfolio in all facets of residential and commercial architecture. Donna Brzezinski and Adam Grundmann teamed up in 2000 with a combined experience in architecture and interior design and are now well recognised and regarded in the industry for their high quality and creative multi-residential and one off luxury dwelling designs. With a passionate architectural team of diverse talents and disciplines, BG Architecture s collaborative workspace has fostered an adaptable design culture that is now evident in the highly successful resolution in their built work throughout Australia and overseas. landscaping eckersley garden architecture Eckersley Garden Architecture offers a revitalised approach to landscape design. Merging experience and creativity, our passion lies in crafting unique relaxed gardens that invite the inhabitants to enjoy their outdoor space. With an understanding of how space and facility work together to create lifestyle and amenity, Eckersley Garden Architecture is driven by all threads of the design process, Eckersley Garden Architecture work collaboratively with the client to turn the brief into an individually tailored garden that takes the art of garden making to a new level. project sales three sixty property group Australia s leading full-service, residential development sales and marketing agency, Three Sixty Property Group capitalises on over 30 years experience and is responsible for over 15,000 residential apartment sales to date. Three Sixty Property Group s outstanding reputation has been built on providing expert management on projects from start to finish, delivering to its clients a comprehensive service unmatched in the industry. With a thorough, sophisticated understanding of the sector and its markets, Three Sixty Property Group understands the true meaning of getting a residential product right. 2 3 4 1. Rostill House (BG) 2. Eden Apartments, Toorak (BG) 3. Hawthorn House (Eckersley) 4. Elsternwick House (Eckersley) team page no. 42 / 43
garden townhouses CNR ADELAIDE & FOSTER STREETS McKINNON VICTORIA 3204 DISPLAY SUITE 226 McKINNON ROAD McKINNON ADELAIDEST.COM.AU This document has been produced by the vendor, Hanushek Pty Ltd ( vendor ), for information purposes only. It does not constitute an offer or representation by the vendor, its agents or representatives, nor does it form part of any contract of sale. While reasonable care has been taken in the preparation of the information contained in this document, the vendor does not guarantee or warrant that the information is accurate, complete, current or reliable. Any prices, dimensions, layout, design features, views, areas, plans, photographs and artist s impressions are of an indicative nature and are included for conceptual purposes. They should not be relied on as an accurate representation of the final product. Artist s impressions show upgrade options that are not provided to purchasers unless they are specifically nominated under the Contract of Sale. Any such information is subject to change without notice. Interested parties should undertake their own enquiries as to all aspects of the development including seeking independent accounting, legal, investment or other advice before acting. The vendor is not liable for any loss, damage, cost or expense incurred as a result of any person relying on the information in this document. Designed by Studio Caravan.