Elevate your lifestyle at Riverbank - The Park House, Abbotsford

Market Insights
2 years ago
4 minutes

A framed view along the banks of the iconic Yarra River is certainly sought-after - even more so when you have a host of urban amenities right at your doorstep. Riverbank in Abbotsford surpasses all expectations with a prestigious inner-city address. The enviable development - completed earlier this year - is surrounded by nature and mere moments from Richmond, Victoria Gardens, Kew parklands and the heart of Melbourne city. 

These premium one and two-bedroom apartments are priced from an incredibly achievable $505,000. This, together with the 50% stamp duty incentive* paid by developer Salta Properties, is piquing the interest of downsizers, growing families, first home buyers and investors across the market.  


Ideally located less than 4km from Melbourne CBD, Riverbank, one of two buildings at The Park House, is positioned to maximise the vibrant amenities of Abbotsford and its neighbouring suburbs. Living just moments away from Richmond (recently named the 10th coolest neighbourhood in the world by TimeOut) means you will always have great food, fabulous fashion, and a variety of retailers within arm’s reach. 

Visit the iconic Bridge Road and Swan Street every day and enjoy hearty lunches from one of the many multicultural restaurants or eclectic cafes dotted throughout the neighbourhood. To experience the community vibe, be sure to visit Gleadell Street on Saturdays. Not only will you find yourself in great company, but you will also find a range of delectable delights to stock your pantry, including seasonal produce and freshly baked bread. 

With an extensive public transport infrastructure in place, you will have incredible connectivity to all of Melbourne and beyond via trams, trains and buses.

Despite the highly urban and lively locale, Riverbank embodies the quiet serenity of its riverside position. Sue Carr of architecture and interior design studio Carr says, “One of the great aspects of this site is its proximity to the river and the bike paths that run along it. There is a spine that allows you to ride, run, row or walk without seeing a major road.”

“We love the idea of coming home after a long day at work and feeling like you have stepped away from the city and into the country. You can still access stillness and natural beauty without having to abandon the excitement of a cosmopolitan urban lifestyle,” she continues. 


Riverbank offers so much more than just the ultimate location. Unrivalled building amenities have been curated to enhance your lifestyle and impart a distinct sense of community within the development. Several shared spaces open up to the surrounding landscape, with internal lounges spilling onto alfresco terraces and leading towards the river. A strong focus on re-vegetation and biodiversity has guided the selection of native and indigenous trees and plantings that blend the public and private spaces. 

At The Park House, each of the two buildings, Riverbend and Riverbank has its own 20-metre indoor swimming pool; one overlooking the lush courtyard and the other basking in the views of the Yarra River. Inside each building, there is a state-of-the-art, fully equipped gym and sauna to encourage a healthier and more active lifestyle. A deluxe on-site cinema ups the ante on movie nights while the children’s dedicated play area is sure to keep the little ones entertained for hours. The Clubhouse Lounge serves as an extension to the apartments above, complete with comfortable seating and a cosy atmosphere - all backdropped by the stunning view. 


The apartment interiors are everything we’ve come to expect from Carr. Taking design cues from the river parkland, the interiors are defined by a warm earthy palette offered in two elegant colour schemes. Each home displays exceptional attention to detail through premium fittings and fixtures, and superior craftsmanship. The European-inspired kitchen is anchored by a feature marble-look stone benchtop and elevated by a range of high-end Gaggenau appliances to create a grand sense of scale and refined luxury.  

CoreLogic reports show that apartments in Abbotsford have experienced an incredible growth of 10.73% over the last 12 months, adding a further layer of confidence to Riverbank as a sound property opportunity. So, if you are looking for a vibrant inner-city lifestyle that seamlessly marries the urban and natural elements, enquire about Riverbank here. 

* The 50% stamp duty incentive ends on 30 November 2021. Terms and conditions apply.