Box Hill, located only 14kms from the CBD, has solidified itself as one of Melbourne’s most attractive suburbs for both investors and first home buyers.
It is Chloe, a new development located on Irving Avenue, that is acting as a serious contributor to the public’s desire to live in Box Hill.
With magnificent views of Box Hill Gardens, Chloe’s one and two bedroom apartments are the epitome of luxury nestled within Melbourne’s leafy east.
“Box Hill ticks all the boxes for property buyers, both investors and owner occupiers,” said Richard Drummond, Director of Project Marketing Victoria at Knight Frank, “within a short walk you have world class public transport, shopping, parks and education.”
“Median apartment prices in the Whitehorse Council are up 23% in the last 2 years, and median house prices are up more than that.
“The combination of strong price growth, public transport, shopping, parks and education means it's a very attractive market.”
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Whilst the landscaping, designed by Jack Merlo, provides a beautiful place to reflect, it is the views that surround you that will leave you breathless.
The rooftop is complete with real lawns, a water feature, a covered barbecue area and terraced seating; the residents’ lounge has a fireplace for those cold winter nights, a private dining room and a state of the art cinema.
“Chloe has raised the bar in terms of quality and amenity for projects in the area,” continues Richard Drummond, “Hayball have done a great job designing such an impressive building with a market leading rooftop amenity.”
The apartments are spacious and elegant and benefit from the expansive floor-to-ceiling windows and generous balconies.
Well considered interiors combined with a warmth of natural materials and superior quality fixtures and fittings, perfectly complement the clean and modern lines present throughout Chloe.
There has currently been a competitive mix between owner occupiers and investors purchasing within the development.
“The owner occupiers have focused on the North facing, park front apartments that each have two bedrooms and two bathroom layouts.”
“Whereas investors have been more inclined to purchase the smaller two bedroom and one bathroom apartments.”
Positioned in a location that commands attention; it is a combination of quality construction, and an impressive list of amenity, that has made Chloe ever so popular.