In the heart of South Yarra the $800 million Capitol Grand is rising up to take its exclusive place in this exclusive suburb.
After works to clear the iconic site on the corner of Chapel St and Toorak Rd began in early 2016, the five level basement is now complete and the two individual towers that make up this landmark development are starting to take shape.
“This is a real milestone for the project,” says Larry Kestelman, CEO of LK Property Group.
“Level 2 is the point at which the two towers split and rise up individually. It also the location for some of Capitol Grand’s amazing amenities.
“We’ve called this space The Deck and it will feature a communal lounge, library, meeting room, spa and pool, massage rooms, 22-seat cinema, and elevated gardens designed by the award-winning Melbourne-based landscape architect, Jack Merlo.”
The Highest Quality Build
Capitol Grand is being constructed by internationally-renowned contractor Multiplex. With instructions to build Capitol Grand to the highest possible standards, it is working with their Tier 1 sub-contractors to source the very best materials and carry out work to the highest possible standards.
In addition to the incredible location and amazing quality that will be present from the grand entrance on Almeida Crescent to the top of LK Tower, many buyers have been drawn to the project because of the premium retail space that will occupy the first three floors of the Capitol Grand Tower, as well as the ability they have to design their own luxury apartment.
“We are extremely pleased to have David Jones Food as the anchor retail tenant in Capitol Grand. In terms of quality and convenience they have no peers.
“As for our bespoke redesign service, we are still offering this to buyers on the higher floors of the LK Tower,” says Kestelman.
Apartments on the upper floors of the LK Tower will have uninterrupted views out over Melbourne, Port Phillip Bay and the Dandenong Ranges.
“Our premium buyers are able to work with a team of interior architects and designers to create their very own luxury apartment to suit their unique lifestyle, or specific tastes.
“Not only can they change the interior architecture, they are able to combine apartments to take advantage of 180 or 360 degree uninterrupted views of Melbourne’s city skyline, Port Phillip Bay and the Dandenong Ranges,” says Kestelman.
An Exclusive Club for Premium Buyers
When not relaxing in their beautifully spacious and luxuriously appointed apartments, premium buyers will be able to wind down with friends and family and their exclusive buyers in the fabulous Azure Club on Level 33 of the LK Tower.
This amazing retreat will feature a private lounge, a meeting and dining room, gym, a commercial quality kitchen, and an incredible infinity pool.
This dramatic elliptical showpiece, which will amaze with its incredible vistas of Melbourne’s CBD and Port Phillip Bay, will be perfect place to let the outside world slip joyously away after a busy day.
Buyers on Level 33 and above will also be whisked up to their apartments by three dedicated lifts.
As work continues it is anticipated that residents of the 10-storey Capitol Grand Tower will move in in Q4 of FY 18/19. Residents on the lower floors of LK Tower will also move in during this time, while residents on Level 44 and above of the LK Tower will move in in Q4 of FY 19/20.
Capitol Grand is now 75% sold; however, there are still fabulous one, two and three-bedroom residences, and penthouse apartments available.