First-home buyers are “all over” a yet-to-be launched Highett project, where one-bedroom homes are being offered for a fraction of the suburb’s typical unit price.
The Altum development, by LDS Property, includes 26 apartments – five with a one-bedroom floorplan starting at $395,000. The rest have a two-bedroom layout.
Designed by Ewert Leaf architecture, the four-storey facade blends light, dark and glazed elements with landscaped greenery by MEMLA for striking street appeal.
With the suburb’s median unit price at almost $680,000 in the latest realestate.com.au figures, Castran Gilbert director Mark Forytarz said buyers already saw the project, set to launch in July, as “good value”.
“First-home buyers are all over it,” Mr Forytarz said.
“And a big plus has been 5 per cent deposit and the fact construction has started.”
Minimalist interiors feature oak floorboards and white finger tiles, while the kitchens showcase Bosch stainless-steel appliances, stone benchtops and matt black fixtures.
Eight ground-level apartments have low-maintenance courtyards, while upper-level homes have tree-lined views, some back to the CBD.
One-bedroom homes at the project on the corner of the Nepean Highway and Turner Rd cost from $395,000-$415,000, two-bedroom units from $600,000-$850,000.