2.0 PROJECT DESCRIPTION
613-649 Lonsdale Street Melbourne.
The site is bordered by Spencer, Lonsdale, Little Bourke Streets and Rose Alley.
Located within 1km to Melbourne’s major city precincts and landmarks including Docklands, South Wharf, Southbank,
Crown Casino, Queen Victoria Markets and Etihad Stadium.
With Southern Cross Station situated directly opposite, a multitude of public transport options are on offer including train,
tram and bus terminals.
DEVELOPER
Since first established in Australia in the mid 1990s, Far East Consortium has been the driving force behind some of
Melbourne’s most renowned residential apartment developments.
With such esteemed projects as Regency Tower, Royal Domain, Northbank and Flinders Wharf to its credit, Far East
Consortium has been responsible for over $800 million worth of projects to date.
The $2 billion publicly listed company was established by Hong Kong’s Chiu family and is headed up in Australia by
Executive Director Craig Williams.
ARCHITECT Cottee Parker Architects is one of Australia’s leading urban design, architectural, and interior design firms. The practice
employs more than 70 staff working on a range of projects in inner city, urban, provincial and rural environments.
Cottee Parker Melbourne has been in operation for eight years. It has overseen all stages of a major Port IT development:
four new precincts in the heart of Port Melbourne featuring strata offices and retail warehouse space. It continues to work on
commercial projects and other prominent residential projects.
Upper West Side is Cottee Parker Melbourne’s first project in Melbourne with Far East Consortium. They have previously
worked together on projects in Japan.
The Melbourne office is headed by Shane Williams, who has 30 years’ industry experience.
LANDSCAPE
Established in 1970, Tract Consultants is a leading professional consulting firm providing services in landscape architecture,
urban design and town planning.
Tract was the first independent and professional Landscape Architecture office in Australia. Its design and planning work is
as diverse as it staff; ranging from gardens to new towns, from harbour foreshores to inner city precincts and from regional
centres to growth corridors.
Feature projects include New Quay Docklands, Echo Point Blue Mountains, and Tarra Warra Estate Yarra Valley.
BUILDER Brookfield Multiplex have been appointed with the construction of stage 1 works and on site commenced in late 2010.
A builder is yet to be appointed for stage 2 works and the tender process is in progress. SITE OVERVIEW
The site is approximately 9,300m² and occupies the majority of the city block bordered by Spencer, Lonsdale and Little
Bourke Streets.
There are four separate towers planned that will range from 30 to 49 storeys.
Ground level retail precinct offers over 30 retail stores that will combine retail, cafes and service amenities as well as 2 new
laneways.
Approximately 4000 square metres of unique podium rooftop garden, composting centres, bbq areas and children’s play
areas on completion of the development.
Approximately 250 car parks and 5 motor cycle spaces spread over 2 basement and 6 podium levels will be allocated to
stage 2.
MADISON
Madison at Upper West Side is located on Lonsdale Street.
Madison will stand 48 storey’s high and comprises of 584 1 bedroom, 2 bedroom and 3 bedroom apartments.
8.1 Main entrance lobby
The main entrance lobby for Madison will be accessible from Lonsdale Street.
Lifts
There will be five lifts in total servicing Madison at Upper West Side.
Four lifts will service the apartments (inclusive of a goods lift), and one will service the basement car park only.
Two low rise lift will service up to level 25 and two high rise lifts will service from level 25 to level 48.
Residential corridors
The residential corridors will consist of carpeted floors, painted plasterboard walls and acoustic separation to BCA
requirements.
Level Heights Madison will rise to Australian FSL 156.200 at the top level with a standard floor to floor height of 2.9m on the typical
residential floor levels.
Energy Efficient Standards
The energy efficient standards consist of a 6 star first rate energy rating to BCA requirements and green star 4 star rating.
Please refer to Environmental Sustainability Design Summary for further information.
Building Materials Vertical structure – Combination of glass, aluminum, and concrete materials
Floors – Reinforced concrete
Car park – Reinforced concrete
External walls – Precast and off form concrete and fibre cement sheeting
Party walls (between residences) – Dry wall construction and acoustic separation to BCA requirements
Please refer to Finishes Schedule for further information
VEHICLE ACCESS
Vehicle access is via Lonsdale Street and Cleve Lane.
RESIDENTS CAR PARKING There are 8 levels of car parking with approximately 250 residential car spaces allocated to Madison.
Car parks are available to purchase at an additional cost for specified 2 and 3 bedroom apartments only (please refer to
current pricelist for further details).
Purchasers are limited to one car park per apartment only.
Car parks located on Basement 01 or Basement 02 will enter via Cleve Lane.
Car parks located on Level 1, Level 2, Level 3, Level 4, Level 5 and Level 6 will entre via Lonsdale St. BICYCLE STORAGE
There are 103 bicycle racks provided at Madison of which 49 are in secure enclosures on Lower Ground level.
STORAGE
There will be approximately 100 storage lots available to purchase at Madison. These will be available at an additional cost.
COMMON AREAS
A 330m² multipurpose function room equipped with bathroom and kitchen facilities will have been constructed during Stage
1 and will be is located on level 1.
The 25m lap pool will have been constructed during Stage 1 and is located on level 2 and will overlook the heritage water
tank and Water Tank Lane.
The gym and sauna facilities are also located on level 2 in Stage 1 adjacent to the lap pool.
Approximately 1630m² of landscaped roof top including children’s playground, outdoor gym equipment and barbeques is to
be completed as part of stage 2 works.
SECURITY All apartments will be fitted with an audio visual intercom.
Swipe access is required for all car park entrances and building entrances as well as lifts.
Common areas and car park entries will be fitted with 24hr CCTV.
There will be an onsite precinct manager as well as individual building managers.
There will be a 24 hr security guard.
CONSTRUCTION
Brookfield Multiplex have commenced construction of Stage 1 works on site and completion is expected 2 ½ years from
commencement of construction.
TITLES
The apartments will be strata titled. Please refer to the contract of sale documents for plan of subdivision.
APARTMENT SPECIFICATIONS
Colour options
There will be 3 colour scheme options available to purchasers for the kitchens and bathrooms, a light scheme, a dark
scheme and a feature colour scheme.
The differences in the schemes are reflective in the feature joinery, bathroom splashbacks, tiles and bench tops.
Please refer to the colour scheme options for further details.
If a scheme has not been selected in the contract of sale at the point of signing by the purchaser, the default light option will
automatically apply.
Fixtures, fittings and finishes
Refer to the Specifications and finishes schedule.
TV and telephone connections
One TV point will be located in the living area.
Pay TV will be available, along with the potential of other providers supplying Asian content.
Video on Demand will be supported as well as IP TV when available in the future.
An optic fibre phone system will be installed in the building.
Each apartment will contain one telephone point in the living area which will enable local, national, and international calls.
Internet points An optic fibre system of internet will be available in each apartment.
There will be a wireless hotspot in the communal area (green roof top). Exhaust / Laundry Cupboard – clothes dryer restrictions
The kitchen and bathroom are ducted externally.
UWS laundry cupboards are not vented and use of traditional tumble dryers prohibited. Purchasers are restricted to the use
of a condenser dryer with a collection tank only.
Heating and air conditioning
Every apartment will contain a reverse cycle split system.
This will consist of condenser on balcony and wall mounted unit in living area.
Thermal
Insulation to all external walls and roof areas to BCA requirements.
Ceiling Heights
The ceiling heights excluding any bulk heads are 2550mm high.
This differs in the bathroom where the ceiling height is 2400mm.
Bedroom 1 C2g Level 7 has ceiling height of 2400mm.
BUILDING SERVICES Fire Detection
Smoke detectors and sprinklers will be installed in each apartment and common areas to BCA requirements. A centralised gas hot water system will be located on the roof of the building which will provide hot water to the apartments.
A water meter will be supplied for each apartment.
The cost of supply for the water for hot water use will be paid by the Owners Corporation owners according to their lot
liability.
Gas required to heat hot water is paid by the apartment occupier. Water meter
A single water meter will be provided by the supply authority for the property.
Cold water is individually metered to each unit. Electricity meter Unit power is individually metered and part of an embedded metering scheme. Rubbish A rubbish room is located on the Basement 1 with a waste compactor linked to a chute connected to each level for refuse
waste.
Recycling will be collected via a separate chute. Mail Letterboxes will be located in the entry foyer; all are lockable and accessed from within the foyer.
ALTERATIONS
No alterations to the plans for the dwellings will be considered. GST
Prices are GST inclusive. LANDLORD INSURANCE
Landlord insurance is not covered by the Owners Corporation.
Owners are advised to take out landlord insurance.
Landlord insurance typically covers rent default by tenant, contents, liability and malicious damage.
SUNSET CLAUSE
The sunset clause is 60 months from Date of Exchange.
DEPOSITS Deposit notification Reservation Deposit Payment and Provision of Contractual details Purchaser is required to provide their agent with details necessary to prepare a contract of sale. This is accompanied by
a refundable $2,000 deposit payable to your agents trust account by way of cheque, cash, credit card or electronic fund
transfer to Colliers Trust Account.
Colliers Trust Account Details:
Bank guarantees
Bank guarantees must be issued by an Australian financial institution acceptable to the Vendor
Please refer to the bank guarantee checklist for a list of acceptable institutions and further instructions
Deposit bonds
Deposit bonds are not accepted by the Vendor. 23.6 Interest earned on deposits
There will be 50% interest earned on cash deposits
STAMP DUTY
Stamp duty is payable according to the rates set out by the Office of State Revenue
Please refer to your outgoing schedule for indicative stamp duty savings
This will change monthly once construction has commenced DEPRECIATION SCHEDULE
Please refer to the depreciation schedules contained in Sales Manual
CONTRACT OF SALE PROCESS
For each apartment sale, two Contracts of Sale including Vendor Statements will be signed by the purchaser. All copies
are to be returned to Colliers International. Once the Contracts have been countersigned by the Vendor, one exchanged
Contract will be returned to the purchaser’s solicitor, for their records. Please refer to the contract completion checklist for
further information.
DISCLAIMER
Whilst all reasonable care has been taken to make the sales details accurate and reliable, intending purchasers should not
rely on them as statements or representations of fact. The material is intended as an introduction to the general content of
the project and does not constitute any part of an offer, guarantee or contract. The seller does not make or give, nor does
it or its’ employees or agents have authority to make or give, any representation or warranty in relation to the property.
The recipient should clarify with the seller any point which is of particular importance. It is strongly recommended that all
the information provided about the property is verified by the recipient and also by a conveyancer/the recipient’s solicitor
especially where statements have been made to the effect that the information provided has not been verified.
The images contained within the sales manual are for illustrative purposes only. Any loose furniture, paintings, or any items
not specifically mentioned in the chattels or furnishings in the contract, shown in the images are not included in the purchase
price of the property.
The plans contained within the sales manual may not be to scale and or final. They are intended as a general outline for the
guidance of intending purchasers and do not constitute part of an offer or contract. All descriptions, dimensions, references
to conditions are given without responsibility and any intending purchasers should not rely on them as statements or
representations of fact but must satisfy themselves as to the correctness of each of them. No Sales Agent has any authority
to make or give any representation or warranty in relation to this property.
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