Big­ger is bet­ter for buy­ers

Herald Sun - Property - - DEVELOPMENT - KAMAHL COGDON

ONE size clearly does not fit all when it comes to buy­ing an apart­ment in the Orr de­vel­op­ment in Caulfield North.

The pro­ject was orig­i­nally planned to have 64 apart­ments but de­mand from buy­ers for big­ger homes has seen the blue­print re­drawn to 45 units.

Cas­tran Gil­bert sales agent Tim Brown said al­most a third of the build­ing was re­al­lo­cated to pro­vide the big­ger apart­ments buy­ers were look­ing for.

“We launched the build­ing orig­i­nally with 64 apart­ments and very quickly we found the big­gest units in the block were sold,” Mr Brown said.

“Other peo­ple were walk­ing in and say­ing, ‘I would have bought that big apart­ment if it was avail­able but now you haven’t got what I want’.

“Af­ter we turned a hand­ful of them away we had a chat with the ven­dor and he said, ‘let’s have a look at com­bin­ing them’.”

Mr Brown said the num­ber of apart­ments might shrink fur­ther if buy­ers kept want­ing to com­bine apart­ments.

Cur­rently, the de­vel­op­ment at 360 Or­rong Rd is slated to have 15 one-bed­room, 20 twobed­room and 10 three-bed­room de­signs set over four lev­els above a ground-floor su­per­mar­ket.

De­signed by The Buchan Group, the apart­ments will in­clude Ilve kitchen ap­pli­ances, stone bench­tops, two-pac cab­i­nets, tim­ber floor­boards, wool car­pets in the bed­rooms, airconditioning and dou­bleglazed win­dows.

Mr Brown said buy­ers of com­bined apart­ments also en­joyed up­grades in­clud­ing larger kitchen de­signs and ap­pli­ances, as well as ex­tra spa­ces in the base­ment car park.

He said the devel­oper, Lustig & Moar, of­fered flex­i­bil­ity with floor­plans to meet the needs of buy­ers, who were mainly owner oc­cu­piers.

Con­struc­tion is set to start in the next cou­ple of months.

Prices range from $405,000 to $455,000 for one-bed­room apart­ments, $580,000 to $900,000 for two-bed­room de­signs and $910,000 to $1.65 mil­lion for three­bed­room lay­outs.

For more in­for­ma­tion, call Tim Brown at Cas­tran Gil­bert on 0417 766 778, visit the dis­play suite at 360 Or­rong Rd, Caulfield North, or see or­ra­part­ments.com.au

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