After a short time on the market, the Domaine Lane development, an inspired residential project comprising seven north-facing residences located moments from South Yarra’s coveted Domain precinct, has secured buyers for four of seven residences.
Securing the coveted top floor penthouse and two additional residences on the second floor, one local buyer has opted to amalgamate these beautiful spaces into one family residence. The sale reaffirms the value proposition of the development: its location, privacy and low density offering a drawcard for local buyers looking for a private enclave.
One further ground floor residence has also been sold to a local buyer, drawn to the generous terrace and living space on offer.
“We are pleased that the local market sees strong value in Domaine Lane, and will be working closely with our Penthouse buyer to amalgamate these unique spaces into one immaculate family residence – Ian Wright, Managing Director, BMF Construction
Designed by award-winning architects, Jackson Clements Burrows, the contemporary four-storey development offers dual and triple aspects and views of the CBD, Yarra River and Melbourne’s vibrant sports precinct. The vision for the development was to create a private enclave of residences which provide light, privacy, generous proportions and luxury finishes to the inner-city location.
Set back beyond a private 55-metre resident only lane from Punt Road, Domaine Lane is located next to historic Elibanc House, currently undergoing meticulous restoration as a single, private dwelling by Domaine Lane’s developer BMF Construction.
Mark Williams from Abercromby’s Real Estate is managing the sales campaign for the boutique collection of large-scale, north-facing residences. With just three residences remaining, and this strong result providing buyer confidence, sale of the remaining apartments is imminent. Pricing starts at $2,757,000.
Domaine Lane is scheduled for completion in December 2018.
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