Swing Property | Peppercorn Apartments, Bundoora, Melbourne
276
portfolio_page-template-default,single,single-portfolio_page,postid-276,ajax_fade,page_not_loaded,,qode_grid_1300,qode_popup_menu_push_text_right,footer_responsive_adv,qode-child-theme-ver-1.0.0,qode-theme-ver-11.1,qode-theme-univers core,wpb-js-composer js-comp-ver-5.1.1,vc_responsive

Peppercorn Apartments, Bundoora, Melbourne

Category
Case Studies
Value beyond the market benchmark

Peppercorn Apartments is a boutique development located in the heart of University Hill.  52 efficient and high amenity apartments enjoy stunning north facing balcony views across Princeton Park, natural light, ventilation and privacy.

SECTOR
Residential

SCALE
52 Apartments

VALUE
$22M+
Insight

In contrast to standard development metrics, the high quality design, amenity and surrounding infrastructure of Peppercorn apartments generated apartment prices that were in excessive of the median detached house price for the suburb.  The product was able to demonstrate value to purchasers in a non-traditional apartment market.

An ability to secure National Rental Affordability Scheme status for a number of apartments was also able to provide an incentive for purchasers and a diversity of occupants to enrich the community.

Related Projects