
High above the iconic crossroads of Chapel St and Toorak Rd, some of Australia’s most exclusive penthouse apartments will soon be built.
These residences will be situated on Level 40 and above of the 50-storey LK Tower, the stunning centrepiece of Capitol Grand, South Yarra.
Befitting the vision of New York-style luxury apartment living that inspired the project, these apartments will feature the finest natural materials and top-of-the-line appliances. Furthermore, they will capture the most spectacular vistas of Melbourne and Port Phillip Bay.
“Capitol Grand will house five full-floor penthouses,” says Larry Kestelman, the Executive Group Chairman of LK Property Group, the developer behind Capitol Grand. “All will include 3-bedrooms, two dining areas, two living areas, and feature uninterrupted 360-degree views of Melbourne.
“We also have a number of highly-spacious three-bedroom sub-penthouse apartments,” says Kestelman”
Exclusive amenities
This is not where the magnificence ends. Capitol Grand will also have its own 24-hour concierge, valet car parking service, while buyers on Level 32 will have exclusive access to the Azure Club on Level 33.
This private facility will house a lounge, meeting and dining room, chef-style kitchen (perfect for caterers) a gym, and spectacular infinity pool – a dramatic elliptical showpiece that will amaze with its incredible vistas of the Melbourne skyline and Port Phillip Bay.
Tailored to your lifestyle
Intent on raising the bar of first-class apartment living in Melbourne, LK Property Group are offering premium buyers the opportunity to tailor the design of their apartment to suit their own unique lifestyles.
“We know that true luxury is always tailored to suit the individual,” says Kestelman.
“There are many high-end developments on the market in Melbourne, but what sets Capitol Grand apart is the degree to which we are working with premium buyers to enable them to create their own distinctive vision of luxury apartment living.”
Your own personal interior architect
Purchasers of Capitol Grand’s penthouse and sub-penthouse apartments will work with their own personal interior architect to undertake the process.
“Basically, we say to clients ‘what’s on your wish list?’” says Alla DeLion, a Director of Studio Mint – the interior architecture and design firm engaged by LK Property Group to work with buyers.

An artist’s impression of a living room in one of Capitol Grand’s penthouse apartments.
“We then use all our expertise to set about realising the outcomes clients are looking for.”
“To date we’ve achieved some fantastic outcomes. We’ve added extra ensuites to master bedrooms, included separate laundries, designed customised joinery and altered floor layouts. We also help clients choose their finishes room by room.”
“Our clients really have the opportunity to design their own home,” says DeLion. The whole process really solidifies and encapsulates the exclusivity of Capitol Grand,” she says.
Level 44 full-floor penthouse – $25 million
- Formal dining & lounge area and informal dining & living area
- Three bedrooms – all with ensuite bathrooms
- Master bedroom with walk-in robe
- Kitchen and butler’s pantry
- Gaggenau kitchen appliances
- Floor to ceiling windows
- Bar/kitchenette featuring wine display
- Separate laundry and bathroom
- Study area
- Bath with spectacular view overlooking Port Phillip Bay
- Expansive outdoor terrace
Level 43 sub-penthouse apartment – $4.3197 million
- Three bedrooms
- Master bedroom with ensuite bathroom
- Winter garden
- Gaggenau appliances
- Floor to ceiling windows
- Built-in cabinetry – including bookshelf, dresser and bar
- Island kitchen
Capitol Grand is currently being built by the internationally-renowned construction group Multiplex. Residents will begin moving in next yea