Approval has been given for a development which will turn a 2,500 square metre site into 27 two, three and four-bedroom townhomes in the inner Melbourne suburb of Balaclava.
Designed by MAArchitects, the project – Inkerman & Nelson – is set to become an architecturally-designed village of six stand-alone residential buildings with flexible floorplans and options for whole floor living areas on either the ground or second floor, large rear gardens and some with a rooftop terrace.
ICON Developments acquired the site in June 2018 for $9.5 million and according to their senior development manager, Georgina Goldsworthy, the project presents a unique opportunity to bring well-designed family homes to a prime site.
“Through its considered design, Inkerman & Nelson will address the shortage of this product type in Melbourne’s inner suburbs, catering to the changing needs of buyers.”
The site is within close proximity to multiple public transport links and is approximately 10 kilometres from Melbourne’s CBD.
Demolition work is already underway, with construction of the residential building on track to start in early 2020. Completion is anticipated by mid-2021.