Good news for Lt Hardiman Lofts investors

Market Insights
5 years ago
3 minutes

The Arden Precinct in Kensington, where a new Metro Tunnel underground station will open in 2025, is now the subject of a 30-year government plan to gradually develop the area. The plan will eventually deliver over 25,000 new homes and provide 43,000 jobs.

Savvy investors and owner-occupiers who have kept an eye on the area should seize this particular opportunity to secure a unique property there. Developer Naser Group and Pitch Architecture + Development have turned the site of a Kenginstron brick warehouse into a collection of loft-style residences called Lt Hardiman Lofts.


“Buyers today want affordable homes without compromising on lifestyle,” says Bob Chu, Pitch Architecture Design Director. “I think that’s where the buyer will win on this development thanks to its location.”

Even though it’s just 4km from the CBD, Kensington has retained a laid-back suburban atmosphere. The leafy, wide streets and abundance of parks, combined with the village-style vibe, has attracted all kinds of homeowners — from city professionals to established families, couples to downsizers.


Many know Bellair Street to be the high street of Kensington but in actuality, more and more eateries are popping up, turning the entire area into a dining mecca. There’s the iconic Hardimans Hotel where locals can be found watching sports games on the big screen, or listening to an acoustic set. Alternately, music-lovers can visit quirky White Rabbit Record Bar to have a brew while browsing through the vinyl archives.


Boutique wine stores such as Blackhearts and Sparrows lie a few doorsteps from major chains like FoodWorks and Woolworths, so there’s no shortage of variety here. And with the Kensington Railway Station moments from the Lt Hardiman Lofts doorstep, residents can easily travel to the city to visit the major shopping centres and arcades.

Home to an abundance of parks, residents of Kensington have ample opportunities to connect with nature. From pocket parks like Bellair Reserve to the expansive JJ Holland Park, outdoor barbecues and picnics on the weekend are made easy. Alternately, catch a race at the iconic Flemington Racecourse just next door to Kensington.


“We’ve tried to celebrate that proud Kensington industrial history, the location and the lifestyle advantages within the project,” Chu says. “At the same time, Lt Hardiman Lofts doesn’t have the feeling of an old building. Balancing heritage and modern design principles is always a challenge, but with this project, we truly embraced the best of both worlds combining the classic charm of old-world architecture with the luxury and convenience of new world function.”

Consistent in all the home-styles at Lt Hardiman Lofts, tall ceilings (higher in comparison to standard apartment developments) create a generous sense of space and dimension. Kitchens feature perforated walls which provide extra storage or display areas.

“When you respect design,” Chu says, “it all adds up to better quality architecture, instead of creating this cluster of shoe-box apartments.”

Enquire here to find out more about the collection of residences at Lt Hardiman Lofts.