As extra Melbourne owners embrace the rising pattern of downsizing, the demand for luxurious, low-maintenance properties continues to rise.
There are roughly 149,000 downsizers in Australia, in keeping with Nielsen’s Client and Media View 2024, highlighting a rising pattern in downsizing amongst Australian owners.
With demand for premium houses that cater to empty nesters, retirees and professionals anticipated to extend, the newly launched YarraBend Signature Membership Penthouses in Alphington by Glenvill Developments have been designed to satisfy the market’s wants.
For a lot of on this stage of life, the advantages of downsizing are laborious to disregard, providing higher monetary flexibility, lowered upkeep burdens and the chance to take pleasure in an easier way of life nearer to city conveniences.
Glenvill Developments’ Director of Gross sales and Advertising, Sam Tucker, says greater than something downsizers are searching for extra freedom of their life.
“YarraBend affords the very best of each world and it’s the place nature meets the town,” he says.
Along with ease of dwelling, location is vital for a lot of downsizers. Proximity to facilities, public transport and inexperienced areas, all whereas staying near the town, is changing into a big consider selecting a brand new dwelling.
“With 300m of river frontage overlooking Kew, YarraBend is situated on the perimeter of the town the place residents can experience alongside the banks of the river and inside 20 minutes be within the CBD. They’ll additionally select to catch the bus from their doorstep and benefit from the precedence bus lane in peak hour to succeed in the town inside 10 minutes,” Tucker says.
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The Signature Membership Penthouses are designed to take full benefit of YarraBend’s 300m of river frontage.
Metropolis type surrounded by nature
Relating to downsizing, many householders are searching for properties that ship a mix of luxurious finishes and performance.
Options like spacious interiors, premium finishes, entry to well being and wellness amenities and vibrant neighborhood areas are excessive on the checklist of priorities.
Proximity to important facilities like procuring, eating and public transport can also be essential.
Latest projections point out a big variety of Australians approaching retirement within the coming years. The Australian Bureau of Statistics forecasts that by 2026, greater than 22% of Australians will likely be aged over 65, up from 16% in 2020, highlighting the necessity for properties designed with downsizers in thoughts.
With this in thoughts, YarraBend Signature Membership Penthouses intention to supply a mixture of luxurious and practicality, with panoramic views of the Dandenong Ranges and Melbourne’s metropolis skyline besides.
“We’re redefining luxurious in our first penthouse launch at YarraBend with standout travertine islands as much as 5.5m lengthy, wine cellars, bars, Smeg’s most superior Dolce vary of home equipment, choices from two to 5 bedrooms and personal rooftops that embody swimming pools, spas and outside kitchens,” Tucker says.
Expertise an unique preview of Signature Membership Penthouses on the YarraBend Show Suite, the place premium home equipment meet signature design in each element. Picture: Tom Blachford.
Wonderful facilities with out the upkeep
In a novel market providing, YarraBend’s penthouse homeowners will likely be given unique membership to YarraBend’s Signature Membership.
“Our Signature Membership affords an unprecedented suite of companies, together with a personal golf membership, a chauffeur, valet automotive detailing, spring cleansing, digital concierge, live-in constructing supervisor, room service and movie star chef eating experiences in our new meals and eating precinct, The Bend,” Tucker says.
Unique facilities embody a personal health club, golf simulator, theatre, billiards room, library, bar, plus a subterranean well being and wellness providing. If this isn’t sufficient, YarraBend additionally affords shared resident facilities of an indoor and outside 25m pool, onsen-style outside spas, a children’ play room, therapeutic massage rooms, a Techno-gym and pilates/yoga studios.
A significant new main procuring centre of round 25,000 sqm with medical precinct will start building at YarraBend this 12 months, with dedicated tenants together with Coles, Aldi, Studying Cinemas, a brand new meals court docket and rather more.
Alongside a shared pool for residents, choose Signature Membership penthouses characteristic personal rooftop swimming pools.
Downsizing with confidence
Glenvill, Australia’s oldest personal developer, has a longstanding fame for delivering high-quality, luxurious residential initiatives.
Established in 1958, the corporate pioneered the knock-down rebuild market and has a $2b+ improvement pipeline nationally.
“Our housing division is delivering greater than 1500 houses yearly, and we’re persevering with to innovate with initiatives like YarraBend and beachfront residences in Broadbeach providing a few of Australia’s most fascinating properties,” Tucker says.
“Our first prospects hadn’t thought of, not to mention even heard of YarraBend or Alphington earlier than, but have been impressed by the premium finishes and design, unique facilities and Signature Membership inclusions,” Tucker says.
These first purchasers contracted their Penthouse inside seven days of inspecting and previous to launch, making it clear the chance to safe considered one of these unique residences might not final lengthy.
