North-facing park front residences - Artist impression...2015/10/21 · and lime-washed tones,...
Transcript of North-facing park front residences - Artist impression...2015/10/21 · and lime-washed tones,...
From the bold splendour of summer to the strength of winter’s rare
blooms and the grace of everything that falls in-between, enjoy it all from your luxurious garden-side
residence on Irving Avenue.
At Astrina, the vision is grand. Reside in Box Hill’s most coveted pocket with stunning views across
Box Hill Gardens. Watch it transform, thrive and bloom.
Live the seasons.
ASTRINA - INTRODUCTION
North-facing park front residences - Artist impression
Expansive open spaces, lush gardens and a cosmopolitan lifestyle
Situated in the prime position on Box Hill’s coveted Irving Avenue, Astrina features sweeping uninterrupted views of Box Hill Gardens with its vast open spaces, mature native
and European trees, serene lake, undulating paths, children’s playground, barbeques and sporting facilities. Enjoy the
tranquility and immerse yourself in this idyllic setting.
Leave the picturesque view and step into a vibrant urban reality. The green leafy suburb holds everything you need for a cosmopolitan lifestyle suited to all the senses and seasons.
ASTRINA - INTRODUCTION
Box Hill Gardens
Box Hill Gardens Lake
Port PhillipBay
Box HillTrain & Bus Station
Tram Stop
Box HillCentral
ATOBuilding
Box HillGardens
Box HillInstitute
Box HillHospital
EpworthEasternPrivateHospital
LIFESTYLE & LOCATION
Spring - Peony
1CHAPTER
Parks and gardens
Culinary delights Asian cuisine
Asian hawker food Boutique shopping
Fresh food markets
Dining district Coffee culture
Aqualink
Sporting grounds
Westfield DoncasterTea culture
Specialty stores
A world of nature effortlessly connected to urban living
Seemingly lost in a world of nature, Astrina is superbly
connected to Melbourne’s dynamic urban lifestyle.
Box Hill is a thriving community rich in cultural diversity and abundant in amenities. Beyond the Gardens, Box
Hill Central is just a short stroll away offering an array of shopping experiences, from fresh food markets and boutique
specialty stores to large-scale retail; as well as a myriad of entertainment and dining options. Boasting a bustling culinary
scene brimming with an exciting mix of authentic Asian and international cuisines, the locale is a feast for the senses.
For growing families, the neighbourhood is fast becoming an education hub with renowned schools, colleges and
world-class universities within close proximity.
Hospitals, sporting facilities and community infrastructure complete the picture in this well-established ‘city within
a city’. For explorations further afield, Box Hill Train Station, bus terminus and tram stop are all within moments by foot
and the heart of Melbourne’s CBD a mere 15 kilometres away via excellent road connections.
ASTRINA - LIFESTYLE & LOCATION
Box Hill Library Box Hill Town Hall
Box Hill HospitalBox Hill Institute
Deakin University
Train Station
Tram to CBDBox Hill High School
PLC
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MONTALBERT
LABURNUM
Westfield
DeakinUniversity
PresbyterianLadies College
KoonungSecondaryCollege
Box HillSenior
Box HillHospital
Box HillInstitute
Our Lady ofSion College
KingswoodCollege
Library
AqualinkCommunityArt Centre
Box HillIndoorSports
Box HillGolf Club
EasternGolf Club
Box HillCentral
MelbourneCBD 15KM
Box HillAthleticClub
Wattle ParkGolf Course
Box Hill NorthPrimary School
Box Hill High
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Parks & Recreation
01. Box Hill Gardens
02. Kingsley Gardens
03. Basketball and sports courts
04. Box Hill Garden Lake
05. Box Hill RSL
Shopping & Amenity
06. Box Hill Central
07. Box Hill Market & Food Court
08. Box Hill Library
09. Box Hill Hospital
10. Epworth Eastern Private Hospital
Arts & Culture
11. Community Arts Centre
12. Box Hill Town Hall
13. Whitehorse Artspace
Transport Links
14. Box Hill Train Station
15. Tram Route 109
16. Box Hill Bus Terminus
17. Eastern Freeway
Education
18. Box Hill Institute
19. Box Hill High School
20. Our Lady of Sion College
21. Box Hill Senior Secondary
22. St Francis Xavier’s School
Restaurants & Cafes
23. Main St. Dining Precinct
24. Carrington Rd. Dining Precinct
25. Station St. Dining Precinct
26. Whitehorse Rd. Dining Precinct
Travel Times
WALK1 min to Box Hill Gardens4 mins for morning coffee
4 mins to tram stop5 mins to Box Hill Central
6 mins to train station
DRIVE5 mins to Eastern Fwy
9 mins to Westfield Doncaster30 mins to CBD
PUBLIC TRANSPORT 26 mins to CBD via train 48 mins to CBD via tram
Legend
Parks
Rivers
Trainline
Tramline
ARCHITECTURE & FORM
Summer - Lotus
2CHAPTER
View of Astrina from Box Hill Gardens - Artist impression
A stunning view of the park to savour amongst stylish surroundings
Beautifully designed, Astrina creates an architectural
statement, setting a new benchmark for suburban living unparalleled in the heart of Box Hill. Positioned with
absolute park frontage, Astrina will never be built out.
With an aesthetic that’s both striking and elegant, the building is perfectly balanced by a simplicity of rhythm and order
in its façade. Clean minimalist lines expressed by the building structure combined with a restrained materials palette exude a sense of contemporary sophistication.
Astrina offers stylish two-storey townhouses on the ground level and luxury one and two bedroom apartments on upper
levels. The apartments have been positioned to optimise natural light and capture the beautiful views across the gardens
and beyond with floor-to-ceiling windows and glazed balconies creating a sense of space and openness.
ASTRINA - ARCHITECTURE & FORM
Refined design through careful articulation - Artist impression
Foyer with vertical garden - Artist impression
Rooftop garden - Artist impression
An urban sanctuary to enjoy through the seasons
On the glazed façade, reflections of trees and foliage create a play of light and shade throughout the day,
and throughout the seasons.
Step inside the nature-inspired entrance lobby – a magnificent double-height space with vertical garden and timber wall
– into a tranquil urban sanctuary.
The considered choice of materials creates a seamless connection between inside and out, bringing a sense
of serenity and warmth.
Social spaces to connect, share and entertain
The rooftop garden and mezzanine courtyard offer residents opportunities to connect and share.
Entertain in style at the alfresco barbeque and dining area; relax in comfort with a book on the sun deck; or enjoy a movie with
friends at the outdoor cinema on a balmy summer’s night.
Featuring secure lift access, resident’s gymnasium, secure basement car parking and bicycle stores, Astrina offers
the very best of contemporary living.
ASTRINA - ARCHITECTURE & FORMASTRINA - ARCHITECTURE & FORM
INTERIOR DESIGN
Autumn - Chrysanthemum
3CHAPTER
Kitchen - Summer palette - Artist impression
Bathroom - Winter palette - Artist impression
A luxurious aesthetic with beautifully appointed and highly functional spaces
To complement the building’s exterior, the apartment interiors hold an enduring appeal combined with sleek
contemporary styling.
Evoking the changing beauty of each of the four seasons, the apartments and townhouses offer four interior
schemes to suit varied individual styles. Each scheme has a sophisticated palette of colours, textures and
materials reflecting the seasonal hues, capturing the essence of the building’s prime location and creating
interiors that are inviting and refreshing.
Kitchens feature white 2 pac and accent joinery with stone benchtops, premium stainless steel European appliances including gas cooktop with wok burner,
pull-out pantry and mirror splashback. Most kitchens also include a clever extended benchtop that serves as an integrated dining table, a multi-function bench
space or a convenient breakfast bar.
Featuring large format tiles juxtaposed against sleek white tiles, the bathrooms come complete
with quality designer fixtures and fittings, and ample storage solutions.
ASTRINA - INTERIOR DESIGN
Kitchen detail - Artist impression
Apartment view. Summer palette - Artist impression
Contemporary interior design with every detail considered
The design and detailing balance form and function, creating a distinctive living environment.
All apartments, many of which incorporate media or study spaces, feature built-in wardrobes, European laundry with washing trough, recessed LED lighting
and plenty of practical storage.
Crafted architecture, with a sense of space and openness
Versatile open-plan layouts with generous proportions and well-oriented living spaces offer maximum access to natural light. The full-height window glazing and sliding door, which
opens onto a large private terrace or balcony, allow you to enjoy the luxury of space with views to match.
A refined palette of outstanding materials and finishes, combined with finely crafted architecture and design, creates the ideal backdrop to luxury garden-side living that is Astrina.
ASTRINA - INTERIOR DESIGNASTRINA - INTERIOR DESIGN
Lounge view - Artist impression
Spring Colour Palette
A soft, light palette of whites and lime-washed tones, lifted
by a bold pop of green, evokes the fresh feeling of spring.
Summer Colour Palette
Blonde and sandy colours give the interiors the bright,
relaxed and warm tones of summer.
Kitchen view - Artist impression
Bathroom view - Artist impression
Kitchen view - Artist impression
Bathroom view - Artist impression
Autumn Colour Palette
Earthy hues of warm greys, dark undertones and a subtle deep red create the perfect
ambiance of autumn.
Winter Colour Palette
Frosty cool whites, deep greys and luxurious black
form the sophisticated colour scheme of winter.
Kitchen view - Artist impression
Bathroom view - Artist impression
Kitchen view - Artist impression
Bathroom view - Artist impression
INVESTOR INFORMATION
Winter - Plum Blossom
4CHAPTER
Box Hill Growth
Education
22%22% of residents have a bachelor degree or higher,
well above the Melbourne average of 16%.
Source: City of Whitehorse
Employment by Occupation
44%With almost 44% of the population working in white collar positions, the area is enjoying a period of gentrification, suggesting that investment properties within the suburb
will attract quality tenants.
Source: Economy ID
ASTRINA - INVESTOR INFORMATIONASTRINA - INVESTOR INFORMATION
Managers
Professionals
Technicians/Trade workers
Community/Personal Service
Clerical/Admin
Sales
Machinery Operators
Labourers
Other
Greater MelbourneBox Hill
Box Hill Demographics
Economy
$7.2 B“Box Hill is a $7.2 billion-dollar economy that is strategically
integrated with the wider regional economy…”
Source: City of Whitehorse
Population Growth
+28,000Over the next 25 years, the City of Whitehorse will require 13,000 new dwellings to cater for the expected population
growth of 28,000 residents. This demand is expected to outweigh supply which will fuel price growth.
Source: City of Whitehorse
Capital Growth
+79.1%Between 2009 and 2014 the Box Hill Median Unit Price
increased by 79.1% from $268,000 (2009) to $480,000 (2014).
Source: REA Group
ASTRINA - INVESTOR INFORMATIONASTRINA - INVESTOR INFORMATION
Box Hill Demographics Box Hill Demographics
Travel
59%Box Hill residents are heavily reliant on cars, with 59% of workers
using personal cars as a mode of transport to and from work. This favours apartment projects with a good car park ratio.
Source: Economy ID
Resident Life Stages
With 28.6% of residents being independent youths, which are categorised as couples, singles and home sharers under 35 years of age, there is a high proportion of residents within
the prime age range for renters.
Source: REA Group
Household Type
70%
70% of households in Box Hill are sole or two person households, much greater than the Melbourne average of 54%.
Couples without dependents and sole person households are both forecast to increase by 25% over the next 10 years. This is
the ideal target market for apartment accommodation.
Source: City of Whitehorse
Ancestry
32%of residents are of Chinese descent
Chinese investors and newly arrived immigrants are expected to spend $44 billion dollars on residential real estate over the next seven years. Much of this investment is expected to be centred
in those areas already established as being popular with Chinese such as Box Hill, ensuring strong capital growth into the future.
Source: Credit Suisse
28.6%
14.5%
12.0%
11.5%
9.8%
9.4%
7.0%
3.6%
2.6%
0.8%
Independent Youth
Maturing/Est. Independence
Older Couples & Families
Est. Couples & Families
Elderly Singles
Older Independence
Maturing Couples & Families
Elderly Couples
Young Families
Elderly Families
ASTRINA - INVESTOR INFORMATIONASTRINA - INVESTOR INFORMATION
Rental Market Size
Owner occupier • Rental properties
With the Box Hill Institute expanding to over 30,000 enrolments in 2014, the demand for apartment rentals
should see continued strong growth.
Source: Box Hill Institute
Rental Vacancy Rate
3.18%3.18% current vacancy rate which is extremely low
in comparison to 5.9% for Greater Melbourne.
Source: Real Estate Investar Australia
Dwelling Type
1.8%Census data showed that only 1.8% of dwelling stock within the City of Whitehorse was classified as high density compared to 7.2% for metropolitan Melbourne at this time, highlighting the
opportunity for significant apartment growth.
Source: ABS
Rental Yields
4.4% 4.0%1 Bed rental yield 2 Bed rental yield
With strong rises in demand from local tertiary institutions and also a steady rise in white collar workers, demand for
both one and two bedroom apartments is expected to maintain high rental yields.
Source: REIV
Rental Comparison
Based on Astrina being brand new, the premium nature of the building, and the unique offering of park views to most apartments, we believe that Astrina will offer higher rental
returns than competing stock.
*Based on 360 Property Rental Appraisal. Source: Real Estate Investar Australia
Box Hill Property Market Box Hill Property Market
49%
Greater Box Hill Astrina Melbourne
5.0%*
4.2% 4.2% 4.4%
4.0%
1 Bedroom 2 Bedroom
Established in 2009, Desyne Developments is a boutique Melbourne-based development company and a multi-
disciplinary practice offering a full range of property development, project management, architecture
and interior design services.
Specialising in low- to high-rise residential and mixed use developments, the company’s vision is to integrate
and synergise creativity and development expertise from design inception to project completion. The team
is committed to delivering high-quality and cutting-edge projects. With their design-focused approach and
exceptional attention to detail, Desyne Developments creates architecture that has a unique yet timeless aesthetic.
360° Property Group is Australia’s leading residential development sales and marketing agency. With more than
30 years of combined experience working with the country’s largest public and private companies, 360° Property Group has offices in Melbourne, Sydney and Brisbane and is responsible
for more than 18,000 residential apartment sales to date.
ASTRINA - INVESTOR INFORMATION
developmentsRathmullen Terraces, Doncaster
The Manningham, BulleenW Apartments, Preston
Princeton on the Park, University Hill
Barrett Street, Albert ParkKinnears, Footscray
This brochure and the information contained within it is for presentation purposes only and is subject to change at any time without notice. Changes may be made to the proposed development during the further planning and development process. Dimensions, fittings, finishes, landscape and paved areas, specifications, ongoing costs and representations are indicative and subject to change without notice at any time. The images shown throughout depict full purchaser upgrade options and are only indicative artist impressions on what the finish will be. Furniture and white goods are not included in the price.
Whilst this brochure has been prepared with all reasonable care and consideration, no warranty is given as to the accuracy, currency or completeness of the information contained within it and it is not intended to be relied upon in any way. The developer and its related companies and their consultants and agents accept no responsibility for any of the information contained in this brochure or for any act or omission taken in reliance upon it by any person. All prospective buyers are advised to carry out their own investigations in order to satisfy themselves as to all aspects of the development and should seek independent legal and financial advice in relation to all the information contained in this brochure. The information contained in this brochure is intended to be used as a guide only. Unless otherwise stated, the information
contained in this brochure does not constitute an offer or inducement to enter into a legal binding contract; or form part of the terms and conditions of sale of any product of the Developer.
3D visualization by FKDstudio - fkdstudio.com.auFloral illustrations by Simon Lo.
Branding, design and print by zeroG Marketing & Communications - zerog.com.au
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astrina.com.au 5-7 Irving Avenue, Box Hill
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