The Residence East development is at 692 Whitehorse Rd, Mont Albert.

ABOUT 40 per cent of the 55 apartments in Mont Albert’s Residence East complex have been snapped up, including one, two and three-bedroom apartments.

Virgate Property Group’s Cheng Qian, said the $30 million plus development had attracted couples and retirees from the local area.

Virgate is the Australian arm of Carrinton Real Estate in China.

“The development is set in a lovely suburb, on the fringe of Camberwell,” he said.

“It’s quiet, pleasant and low- density and we’ve focused on owner-occupier buyers, with the apartments featuring high end premium products.”

The apartments include leafy outdoor areas and balconies.

Apartments are priced from $439,000, with the four-level development including basement carparks and leafy, landscaped gardens.

The luxury apartments are also set back from the street to more fully blend in with their surrounds, according to Lee Gomersall, project manager for development consultancy Case Meallin.

Mr Gomersall said every apartment was different, with individual designs.

“We’ve tried really hard to add to the character of the area,” he said.

“And the apartments are quite spacious.

“Each of them includes an outdoor area, with the ground level residences having terraces.”

Apartments in the Residence East development will cost between $449,000-$1.42 million.

The chic development is at 692 Whitehorse Rd, and is close to parklands, schools, shops and public transport.

A display suite for Residence East is at 33 High St, Mont Albert.

It is open Tuesdays and Thursdays from 11am-1pm and weekends from noon-2pm.

For more information, visit residenceeastmontalbert.com.au

SUBURB PROFILE: MONT ALBERT

DETAILS

Project value: $30 million plus

Size: Four levels

Volume: 55 apartments

Types: one, two and three-bedroom apartments

Sales: 40 per cent of apartments

AGENT SAYS

“The development is set in a lovely suburb. It’s quiet, pleasant and low density and we’ve focused on owner-occupier buyers, with the apartments featuring high end premium products.”

— Cheng Qian, Virgate Property Group