Lunar townhouses and apartments, Bundoora

Market Insights
7 years ago
4 minutes

Polaris 3083 has evolved into a shining example of a contemporary residential and retail hub in Melbourne’s inner north, and the best of its residential offerings, Lunar, is about to be launched.

Located in Bundoora with the vibrant La Trobe University on the doorstep, the boutique Lunar apartments and townhouses are set in one of the last remaining stages of this cosmopolitan town.

The developer of Polaris 3083, Dealcorp, has created a premium offering with Lunar’s series of only 14 dual level three and four bedroom townhouses and 43 one and two bedroom apartments.

Teaming up with multi award-winning architects Clarke Hopkins Clarke, Dealcorp is delivering this collection of multi-faceted modern residences in the heart of Melbourne’s masterplanned ‘University City’, a location that is already delivering impressive results for buyers.

Says Brett Hallam, Sales Manager at Dealcorp, “We have plenty of hard market evidence of the demand and the growth potential in Polaris 3083. One of our earlier stages, completed 18 months ago, included Stellar townhouses similar to Lunar. Originally selling in the mid five hundred thousands, they have recently been reselling in the low to mid seven hundred thousands. Whether reselling or leasing, all of Dealcorp’s quality homes have performed strongly in this sought-after area.”

The townhouses are awash with natural light thanks to the floor to ceiling glazing in the dining and living areas. Encouraging alfresco dining and living, the timber-floored open plan ground floor spaces flow through to generous private courtyards. These are spacious enough for plenty of outdoor dining, entertaining and relaxing with friends and family.

The townhouse kitchens are designed to bring out the inner masterchef in any home cook. Each space is complete with exquisite, custom-made cabinetry, large island benches with marble finish edging, the latest integrated appliances and plenty of storage.

Bathrooms continue this application of natural materials, with the use of timber grain veneer vanities that hang from the wall for maximum floor space.

Onto Lunar’s apartments which offer a new perspective on modern living. There’s yet more intelligent design here, creating homes that offer convenience in layout and comfort in premium materials and finishes.

The kitchens feature full height cabinetry, stainless steel appliances and elegant smoked mirrored splashbacks that give an even greater sense of space. Bathrooms are layered with luxurious details like feature mosaic tiling, a wall hanging timber veneer vanity and mirrored cabinetry, all in a clean and bright space for the utmost tranquility.

There’s a private outdoor zone to extend your living options and enjoy the views across the green landscape of Polaris, unimpeded by the glass balustrades. Most of the apartments feature a study nook, and all have the benefit of their own laundry and secure allocated parking.

Of course, Lunar would be perfect for anyone connected with nearby La Trobe University or intending to send their children there. These spacious homes, particularly the four bedroom townhouse options, would be ideal for families (Bundoora is home to plenty of primary schools, as well as nearby La Trobe and RMIT campuses).

Investors are also likely to be interested, particularly with Dealcorp’s current offer. Explains Brett Hallam, “Investors may be keen to purchase one of Lunar’s outstanding apartments, which we are currently offering with a 2 year guaranteed 5% rental return. Considering the planned removal of stamp duty savings for investors from July, this is a great opportunity to maximise your investment.”

Currently blooming in one of Australia’s fastest growing corridors, Dealcorp secured the site in 2008 with a 10-year vision of revitalising the area. Their success is already clear – they received the UDIA Award for Best Urban Renewal Project in Victoria in 2016. The flourishing Polaris shopping precinct boasts plenty of retail and dining options just a two-minute walk away, complete with a full-size Woolworths, Dan Murphy’s and 32 shops, cafe’s, restaurants and retailers. There are plans for further amenity including a Community Centre and Childcare Centre.

There’s easy connectivity with immediate freeway access and tram 86 to take you straight into the CBD. There’s even a community bus that runs directly through Polaris every 20 minutes.

Lunar townhouses and apartments are surrounded by lush landscapes, including the natural beauty of Bundoora Park across the road. And with the quality, affordability and convenience of these homes, the lifestyle opportunity in this thriving community looks even greener.

For more information or to enquire about Lunar, click here.

Discover more off the plan apartments in Melbourne here.