$11 million apartment tower proposed for Melbourne St in North Adelaide
Renato Castello, Urban Development Editor, The Advertiser
January 2, 2019 7:48am
Plans have been lodged for a $11 million apartment building for Melbourne Street that its developer says will be the first of its type for the struggling retail strip in at least 20 years.
The proposed seven-storey project, which would be the tallest building on Melbourne St if built, would feature 27 apartments ranging from one bedroom through to a pair of 180 sqm penthouses.
The site at 69-71 Melbourne St is zoned for buildings up to six storeys or a maximum height of 22 metres.
Citify managing director Joel Wilkinson said apartments would be priced between $370,000 to $1.4 million and aimed at a cross-section of buyers including first homeowners, young professionals and down.
The project would involve demolition of the existing building on the southern side of Melbourne St, which is currently leased to a gymnasium.
The development is a partnership between Citify Developments and Bert Farina Constructions who are behind a $48 million, 56-apartment complex on Unley Rd, Hyde Park and similar projects in Prospect.
Mr Wilkinson said the Melbourne St project would be the first residential apartment building on the strip in at least 20 years.
“It is also only one of a few blocks that is zoned appropriately to allow medium-rise development, it’s location is a great place to work, eat, play and to live,” he said.
“There is a latent demand in North Adelaide, specifically Melbourne Street, for apartments.
“We have a high level of interest from our clients, investors, purchasers already who are looking to buy in this location.”
Melbourne Street’s trading struggles have been well-publicised. A survey in 2016 found one in five shops along the street were vacant.
Renew Adelaide, the State Government agency that provides free short-term leases in vacant buildings, made its first foray into Melbourne St last August securing a florist to take over a previously vacant site.
North Adelaide Precinct Association president Morag Horton said it was positive that someone wanted to invest in the area but noted the building’s height could be of concern.
She said more broadly tenants, landlords and the council need to work together to bring some vibrancy and new business to the area.
[COM] 69-71 Melbourne Street | 28m | 8 Levels | Apartments
[COM] 69-71 Melbourne Street | 28m | 8 Levels | Apartments
Not sure if this deserves its own thread
[COM] Re: 69-71 Melbourne Street | 7 lvls
The current building appears to be a concrete/render single storey square box with picture windows with no visible architectural merit. It is surrounded by slightly more interesting single story boxes, and has three storeys only a few door further away on both sides (apartments one way, hotel the other). So six or seven storeys will change one of the low points to the new highest point on that street. There seems to be ten storeys not far away on McKinnon Parade adjacent to the parklands, so it's not completely out of scope for the area.
[COM] Re: 69-71 Melbourne Street | 7 lvls
Ben posted development application here: http://www.sensational-adelaide.com/for ... 15#p173598
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[COM] Re: 69-71 Melbourne Street | 7 lvls
To be called Botten + Bowser: https://www.citifygroup.com.au/projects ... Eei46MbDBc
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[COM] Re: 69-71 Melbourne Street | 7 lvls
Looks pretty nice - Melbourne Street lately looking like could do with a bit of a boost, this might help a lot!
[COM] Re: 69-71 Melbourne Street | 7 lvls
Facebook is still pushing ads for this to me, but if they’re to be believed there’s only one remaining to be sold. Meaning this may well be the next resi to start.
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[COM] Re: 69-71 Melbourne Street | 7 lvls
Email from them today at lunchtime said they were 50% Sold.
[COM] Re: 69-71 Melbourne Street | 7 lvls
Ah, perhaps trick words then. May have in fact meant only one more 2-bedroom remaining (or some sort).
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[COM] Re: 69-71 Melbourne Street | 7 lvls
Saw an ad for this earlier saying demolition to commence in August.
[COM] Re: 69-71 Melbourne Street | 7 lvls
hutchies building this and trade pricing at the moment. looks a goer, august could be realistic. nice development.
[COM] Re: 69-71 Melbourne Street | 7 lvls
The site has almost been cleared now ready for construction.
[COM] Re: 69-71 Melbourne Street | 7 lvls
Site works now under way with piling rig and excavator on site, picture 30/1/2021. Please click on picture for bigger.
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