As the Mason Sq. development progresses with its plan to rejuvenate the Moonee Ponds residential scene, the latest release, Hall St has proven popular with 75% already sold.
This collection of one, two and three bedroom apartments has all the hallmarks buyers have come to expect from residential property developer Caydon Property Group. And their thoughtful approach to apartment design has clearly driven the project’s high demand.
“Thanks to strong sales, Hall St is well into construction, with completion of stage one on track for the third quarter of 2018,” said Caydon Chief Operating Officer, Jarrod Stratton. “This make Hall St a confident off-the-plan purchase for anyone looking to make considerable stamp duty savings and great news for anyone looking to buy now and move into their new home next year.”
The apartments are open plan, layered with elegant materials like natural oak floorboards and quartz stone benchtops. Each home is created around a smart design aesthetic that maximises the functionality and adaptability of every space.
Hall St amenities are also impressive, with a half-acre of outdoor recreational space created by renowned landscape architects, Oculus, which includes a 25m pool, a leafy forest grove, sundecks and sports court.
As might be expected from these sophisticated homes, the majority of buyers have so far been owner occupiers. “We’ve seen a lot of buyers drawn to the sizeable three bedroom apartments. So much so, that we reconfigured the development to include more of them. Combined with the walkability of the area and the genuine sense of being in a friendly and established neighbourhood, Hall St is proving popular with owner occupiers – in fact, this has been our strongest owner occupier project so far” Mr Statton said.
Hall St has an impressively near-perfect walkability score of 99, no doubt bolstered by the proximity to Moonee Ponds train station at the end of the street, plenty of shops, supermarkets and vibrant cafes all just a short walk away. From a lazy weekend breakfast to fresh ingredients for dinner, that walkability score will pay dividends.
The local boutique shopping scene has always been a thriving one. Wander over to stores like Florentine on Puckle Street, where owners Eddie and Nora Yunan have helped locals keep their wardrobe on trend with European styles for the past 32 years. Or take a stroll to Raine and Humble for beautiful homewares to adorn your apartment. The latest tip from Chief Merchandiser Liam d’Arcy: “Winter homewares are trending towards a higher end look, conservative with an edge.”
Local schools are also plentiful, including Moonee Ponds Primary School and St Monica’s Parish Primary School. Everything you need from the daily groceries to a relaxing park to a morning coffee, it’s all within a few blocks.
The Moonee Ponds property market is clearly enjoying strong capital growth, with average apartment prices increasing by around 17% in the area since the launch of the project. Caydon have not increased prices however, so couple this with the impending removal of stamp duty savings for investors from July and the premium apartments at Hall St offer even more opportunity to maximise on your investment.
One bedroom apartments start from $360,500, two bedrooms from $603,500 and the three bedroom option from $718,500.
For more information or to enquire about Hall St click here.