DOW STREET, PORT MELBOURNE
This building was completed in August 2012
Waterside is Port Melbourne’s new residential landmark. A unique apartment development on Dow Street in Melbourne’s most dynamic bayside suburb adjacent to the CBD. Waterside offers spacious and light-filled one and two bedroom apartments over 5 residential levels, plus an atrium courtyard and two basement levels of secure car parking.
Embracing the bay. The liberating expanse of sea and sky right at the end of your street. Port Melbourne is Melbourne’s favourite bayside playground adjacent to the city. A place of pure attraction and laid back style. A place people travel ages to appreciate. And that you get to enjoy everyday!! Your lucrative investment A range of bright prospects make Waterside the perfect value added acquisition. Take advantage of a unique opportunity to generate rewarding returns in one of inner Melbourne’s most soughtafter bayside locations. BIS Shrapnel believes Melbourne apartment values will skyrocket by about 30% to 2014. Its Inner Melbourne Apartments 2009 to 2014 report shows inner-Melbourne vacancy rate at 1% with rental growth at 10% per annum – outpacing price growth and creating significant yields for investors. Leading Port Melbourne developments like Waterside are exceptionally well placed to capitalise on this trend, as indicated by recent data from SQM Research. SQM shows that while rental demand stayed consistently high for the last 20 years, median rents over the same period actually increased from $65 per week in 1991 to more than $400 by 2011. SQM predicts this surge in returns to continue to 2016 and beyond. The ultimate bayside location for inner-city living.
Live here in Port Melbourne and you’ll be at work in minutes, whether your office is in the CBD, Southbank, South Melbourne, St Kilda or Docklands. Greet each day with a morning stroll on the sand or a cycle along the foreshore before breakfast at a beachside cafe. Join the adjacent Genesis gym and dine in any number of stylish restaurants along Bay Street. All around the corner from your Waterside home. Port Melbourne’s newest, most centrally-located apartments offering everything that makes inner Melbourne one of the world’s most liveable cities. At Waterside, life only gets better. Port Melbourne has a remarkable 28 parks. It blends a bustling village atmosphere with the invigorating air and sweeping panorama of the bay. It boasts one of Melbourne’s best inner-suburban beaches that is the Beaconsfield Parade and Beach Road foreshore. Plus the sheer convenience of being close to everything that makes Melbourne great – from the arts to international business.
There’s the village atmosphere of Bay Street’s cafes, bars and boutiques on your doorstep. The year-round sparkle of Port Phillip Bay. And the chance to head in and out of the city, Docklands, South Melbourne and St Kilda in minutes. Stroll to the beautiful beach at the end of your street. Where kite surfers sweep across the dazzling blue of Port Phillip Bay, cyclists and skaters shoot the breeze beneath palm trees along the foreshore. Where sleek white cruise ships slide in and out from Station Pier and locals laze for hours on the sand. Drink in the social scene over alfresco lunches at a beach cafe or settle in the shade with the weekend papers. No wonder Port Melbourne beach is such a favourite place to play. Direct access to Bay Street through the neighbouring Bianca development building, with its ground floor selection of boutique stores and gymnasium. Waterside certainly sets an impressive new standard for quality innerMelbourne apartment living.
Waterside has been developed by respected Melbourne developers, Beck Projects and the Buxton Group, designed by award-winning Plus Architecture and SJB Interiors. Inspired by the sea, space and abundance of natural light, the cohesive design is in keeping with the beachside vibrancy and village atmosphere of Port Melbourne. Inside every apartment is an array of contemporary fittings and space saving features. Emphasis on natural light and low maintenance design makes each comfortable interior ideal for young urban professionals and couples who appreciate laid back and ultra convenient living.
Look along Bay Street and you’ll see just how close Port Melbourne is to the city centre. The CBD buildings seem to be right at the end of the street – because they almost are. Waterside is adjacent to Bay Street and Bay Street leads straight into the CBD. It also leads straight to the beach, St Kilda and the freeway to Melbourne Airport. Port Melbourne offers easy access to Melbourne’s lifestyle icons. So you can cycle through the Royal Botanic Gardens on your way to cheer sporting events at the Melbourne Cricket Ground (MCG). Dress in your best and tram it to the Melbourne Cup at Flemington Racecourse. Spend the weekend shopping in CBD boutiques or stocking up on fresh food at Queen Victoria or South Melbourne markets.
Let your hair down at events in Melbourne’s Arts Precinct and Federation Square. Unwind in nearby Albert Park cafes and beside Albert Park Lake, then appreciate the exuberance of St Kilda Beach, just five minutes away along Beaconsfield Parade. Waterside is also at the epicentre of inner Melbourne’s most concentrated employment areas, including the CBD, St Kilda Road, South Melbourne, Southbank, Docklands, Crown Entertainment Complex, the Melbourne Arts Precinct and St Kilda. Plus Architecture Plus Architecture was formed in 1997 as a joint venture between Fender Katsalidis and SJB Architects, to develop the master plan and apartment towers at NewQuay, Docklands.
This precinct has received the RAIA Victorian Chapter, Commercial Award in 2003 and the 2004 Property Council of Australia Award, Victoria Division. Plus Architecture maintains a close working relationship with SJB Architects and Fender Katsalidis Architects. SJB Interiors SJB Interiors is renowned as design leaders and has established a portfolio of diverse work in Australia and internationally. The practice has a highly-acclaimed and award-winning team under the leadership of Directors Andrew Parr and Ljiljana Gazevic in Melbourne, and Directors Jonathan Richards and Kirsten Stanisich in Sydney. Responding to the challenges posed by projects that demand original solutions, SJB Interiors seek to create imaginative spaces that continually captivate attention. The multi-award winning projects undertaken by SJB Interiors remain fresh and contemporary many years after completion. Beck Projects is a joint partnership between Max Beck and his son Nick Beck. Max has a long and successful history in property which spans over 40 years. He was cofounder of Becton Corporation which has completed more than $10 billion worth of residential and commercial developments throughout Australia. Nick has been in the industry for over 15 years and has been instrumental in establishing Essendon Fields, one of Melbourne’s largest commercial development sites.
Waterside represents the culmination of their combined expertise and demonstrates their ability to design and deliver high quality projects. The Buxton Group is a multifaceted business focusing on successful property development, excellence in construction, and developing enduring client-partner relationships. Started by Richard Buxton in 1968, the company now specialises in boutique developments across various market sectors, with a particular passion for residential. The Buxton Group continues a heritage of a renowned and respected name that has been linked to the property and construction business for more than 150 years, now encompassing a dynamic team of professionals and the next generation of the Buxton family. The company prides itself on creating enduring assets for its customers. Inner Melbourne’s apartment phenomenon Research by industry analysts, RP Data, shows that capital growth of Melbourne apartments continues to outstrip houses and has increased in value by more than 50% in less than a year.