Gramercy Terraces merges history and luxury in sought-after Richmond

Market Insights
1 year ago
4 minutes

Developed by Lendlease, Gramercy Terraces brings together industry experts, all with their own respective reputations for delivering excellence. Merging the legacy of this historic location with a modern, future-proof design, this is a project that will stand the test of time. From outdoor spaces that embrace the natural environment to the detailed and highly considered interior aspects, these new Richmond townhouses promise ultimate comfort with amazing connectivity. 

Inspired outdoor spaces 

Gramercy Terraces is a rare freehold opportunity in Richmond. Click here to enquire.

Gramercy Terraces’ name is derived from the iconic Gramercy Park Hotel in New York. Featuring a notable rooftop terrace perfect for inspiring alfresco entertaining, this hotel is an icon of the New York creative scene. Gramercy Terraces has its own musical history attached to it, having previously been home to the Wertheim Piano Factory and, later, Channel Nine Studios. In addition, this new Richmond project features beautiful alfresco entertaining areas and other inspired outdoor spaces that connect seamlessly with the local environment and this project’s namesake. 

Located on leafy Bendigo Street in Richmond, a connection to nature continues within Gramercy Terraces. Peaceful outdoor areas have been integrated into the design of Gramercy Terraces, fostering a sense of luxury and serenity for residents. The average outdoor space within Gramercy Terraces is 78 sqm in size. Private backyards, for those townhouses that have them, have an average space of 81 sqm.

In addition, Burnley Park and the Yarra River walking trail are just one block away. These are ideal destinations for a walk in the sunshine or even a morning jog. 

Design inspired by its historical site 

Gramercy Terraces is part of the heritage precinct of the former Channel Nine Studios and Wertheim Piano Factory. Click here to enquire. 

Gramercy Terraces is located on a site with a rich history and is, in effect, inspired by its own heritage. The original building at this address was home to the Wertheim Piano Factory, which was constructed in 1908. 

As the brand of choice for many famous performers, including Australian operatic soprano Dame Nellie Melba, Gramercy Terrace’s connection to Wertheim created a strong affiliation with creativity and the arts. This paved the way for the project’s connection to its namesake, New York’s Gramercy Park Hotel. 

Later, once television came about, the site was reinvented into Channel Nine Studios, only furthering the connection to creativity and Melbourne’s iconic arts scene. 

This connection is reflected in the design of each of the townhomes at Gramercy Terraces. With elegant composition fostering contemporary living, these homes comprise grand floorplans that will adapt to the individual lifestyles of residents. 

Architecturally designed living 

Experience spectacular views at Gramercy Terraces. Click here to enquire. 

This is architecturally designed living at its finest, with timber stair treads creating an innate sense of openness and space in each level of your home. The master ensuite is also uniquely grand, with spaciousness and bespoke details of artisan tapware and quality stone. 

Gramercy Terraces townhomes also include designer pendant lighting, timber flooring, Miele appliances, and double glazing. The project also boasts a NatHers rating of 6.5 stars.  

These homes are truly a sanctuary, designed around outdoor spaces that offer tranquil respite for residents. Indulge in your home’s comforts, including lush private gardens. Or perhaps host a moonlit gathering on your rooftop terrace. 

Lendlease has been creating architectural icons for over 60 years, with projects including the famous Sydney Opera House and New York’s luxury high-rise residence 432 Park Avenue. Lendlease know that decisions made today will affect the future, so place strong emphasis on environmental responsibility. Gramercy Terraces strives to become a 6 Star Green Star Community as a result. 

Hurry, stamp duty savings for eligible buyers ends 30 December, 2022. 

For more information or to enquire about Gramercy Terraces, click here.