LK Property Group is pleased to announce that sales in Capitol Grand, Australia’s first six-star residential and luxury retail destination, have surpassed $200 million.
This landmark development, designed by world-renowned architects Bates Smart, is to be built at the iconic crossroads of Chapel Street and Toorak Road, South Yarra.
To date, some 150 apartments have been sold in Capitol Grand including, impeccably designed one, two and three bedroom apartments, as well as lavish sub-penthouse and penthouse suites.
Buyers and investors have been extremely impressed with the unsurpassed luxury, spectacular views, and stunning amenities, which include private pools, gyms, dining areas, a cinema, valet parking, room service, elevated gardens designed by Jack Merlo and a 24-hour New York-style concierge.
In addition to creating the ultimate lifestyle destination, LK Property Group is offering up to 2 million Qantas Frequent Flyer points to off-the-plan buyers – the equivalent of five first-class return airfares to London or New York.
Demolition of the site commenced at the start of April and LK Property Group Executive Director, Larry Kestelman has announced that the tendering process to appoint a builder is underway.