Capitol Grand tower was designed by BatesSmart Architects developed by LK Property Group and built by Multiplex (tier 1 builder). For those not familiar with this location this address is probably one of the best spots in South Yarra. Close to restaurants in Toorak road and shops in Chapel Street. This project is one of the most prestigious apartment towers recently completed in South Yarra. There are two towers and 400 apartments in the complex. The apartment is suitable for downsizers professionals and families. At this price point what is it that is the most important attribute for you? size amenities or location? I liked the layout of the apartment gives good privacy to the bedrooms however I am not too sure about the color of the finishes - that is something a bit too personal. I would recommend checking on the adjoining buildings and the potential for the views to be built out. Flammable cladding check is also recommended as it is built after 1997. The going rate per square meter is $18125 and it is above market for South Yarra however in line or below with luxury apartments in the City or St Kilda road.
David has worked as a property Investment adviser, property consultant, buyer agent & valuer to private clients, financial planners, accountants, finance brokers and various government entities since 1999. He has been involved in more than $1b worth of transactions across Victoria, New South Wales, South Australia, Western Australia & Queensland.
The property market in Boroondara and Stonnington councils have had the lowest stock levels that I can remember, certainly in the first half of 2019. This is due to the current market sentiment caused by negative press, the banking royal commission, and the federal election. In the prestige markets of Stonnington and Boroondara, the election ...[read more]