Lighthouse Apartments Construction Update

A lot has changed since our last update on Lighthouse, an SJB-designed apartment project situated on the edge of Australia’s largest marina, Wyndham Harbour. Construction is progressing on schedule with 75% of level 3 slabs now poured. It is anticipated that level 3 & 4 slabs and roof framing will be completed by the end of June in preparation for winter.

Windows and doors have also been manufactured with the first batch already completed and ready for delivery on site in the next month. Ground floor concrete form works removal has also commenced to allow for the installation of the internal wall frames. 

We’re looking forward to seeing the final product, with construction slated for an early 2018 completion.

Chun Group to rebrand to Hub Property Group

As part of our ongoing evolution, Chun Group will soon be rebranding to Hub Property Group. With continued business growth, the name “Hub” more accurately reflects our deep belief in innovative urban residential developments and communities. Hub Property Group will continue to deliver the same best of class development advisory services to its clients, and we believe that the transition will enable us to forge a stronger presence in the marketplace as a company that values beautiful and defining projects that leave a constructive legacy on the surrounding landscape.

Balwyn Development Blossoms Over $10 Million In First Week

This article originally appeared on The Urban Developer.

16th December 

Five of the seven townhouses in Blossom, a residential development located in Balwyn’s high school zone, achieved over $10 million in sales after being snapped up in the first week of launching.

With prices ranging from $1.59 million to $2.29 million, Blossom’s seven townhouses were designed with the modern family in mind, with homes boasting exclusive features such as home cinemas, wine cellars and expansive backyards.

Chun Group General Manager Michael Hermans said the success of Blossom is evidence that there is still massive demand for property within the Balwyn High School zone and in particular those within walking distance of the school.

“Balwyn is regarded as the educational capital of Melbourne and as such, house price growth has strongly reflected this, averaging an annual growth of over 10%.

“We recognised the importance of delivering a luxurious product to the Balwyn market, as the buyers are sophisticated and expect the highest of quality,” said Michael.

All featuring four bedrooms, Blossom floorplans capitalise on both space and natural light, creating a sense of boundlessness within rooms.

Interiors feature a neutral colour palette and timber flooring, complemented by high quality finishes and fixtures throughout, including Smeg appliances.

Each luxury townhouse also features the rare inclusion of a spacious backyard with designs by leading studio Acre Landscaping Architects.

Taking influence from the sanctuary of Balwyn’s treelined streets, each spacious outdoor area is defined by a canopy of trailing ground covers and climbers, making it the perfect low-maintenance entertaining zone.

Located within close proximity to a selection of cafes and restaurants, Westfield Doncaster and Boroondara Sport and Recreation Centre, residents of Blossom have an endless amount of amenities at their fingertips.

Demand for Balwyn’s High School zone sees near sell out of Blossom townhouses in a week

This article originally appeared on Property Observer.

Balwyn’s high school zone still remains in high demand with five of the seven luxurious townhouses, known as Blossom sold within the first week of launch.

There were over $10 million in sales with prices ranging from $1.59 million to $2.29 million.

Blossom comprises of seven luxurious townhouses designed with home cinemas, wine cellars and expansive backyards. 

Chun Group general manager Michael Hermans the buyers expect the highest of quality. 

All featuring four bedrooms, Blossom come with a neutral colour palette and timber flooring. 

Its backyards were designed by leading studio Acre Landscaping Architects. 

Blossom is listed with Jellis Craig Projects agent Nick Elmore.

Visit www.blossombalwyn.com.au

Balwyn homes continue to be a popular choice for families

This article originally appeared on Herald Sun Real Estate.

PROPERTY in Balwyn’s High School zone remains at the forefront of buyers’ minds, despite class being almost out for the year, new sales figures show.

Developer Chun Group sold five of its seven Blossom townhouses in the first week of launching, achieving more than $10 million in sales.

Chun Group general manager Michael Hermans said the success of Blossom proved there was still demand for property within the Balwyn High School zone, in particular homes within walking distance of the classrooms.

According to CoreLogic, the suburb’s median house price grew 1.8 per cent in the 12 months to September and 9.7 per cent annually for the past 10 years. Unit prices grew 5.3 per cent annually in the last decade.

“Balwyn is regarded as the education capital of Melbourne and as such, house price growth has strongly reflected this,” Mr Hermans said.

“We didn’t expect Blossom to stay on the market for long, as it’s not often that a product of this caliber comes to market in a suburb such as Balwyn.

“We recognised the importance of delivering a luxurious product to the Balwyn market, as the buyers are sophisticated and expect the highest of quality.”

With prices ranging from $1.59 million to $2.29 million, Blossom townhouses were designed with family in mind and includes a home cinema, wine cellar and big backyard.

The four-bedroom properties feature a neutral palette, timber flooring and high quality fixtures and finishes including Smeg appliances.

All backyards are designed by Acre Landscaping Architects and pay homage to Balwyn’s tree-lined streets with an outdoor area covered in a natural canopy.

For more information, visit blossombalwyn.com.au