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Central Equity wins

Central Equity wins

Prominent local Southbank developer Central Equity recently took out the Housing Industry Association’s (Victoria) 2019 Apartment Complex of the Year award for its new Southbank Place development. Central Equity has been setting the benchmark in Melbourne inner-city housing with over 80 projects delivered as promised during the past 32 years. Central Equity is proud to announce that its landmark apartment tower, Southbank Place (located on the corner of Power and Kavanagh streets) has won the prestigious Housing Industry Association (HIA) 2019 Victorian Apartment Complex of the Year Award at a ceremony at Crown Casino on November 8. Central Equity is HIA Victoria’s most awarded apartment developer having won this award five times in the past nine years. Southbank Place Apartments were designed by long-established Melbourne Architects Guilford Bell and Graham Fisher. The 52-level tower has an impressive entry foyer and approximately 1500 sqm of resort style facilities. The Horizon Club on level 41 is home to a cinema, lounge and dining areas, an outdoor barbecue dining terrace and a multipurpose room for meetings, games or relaxation. Level nine houses an impressive gymnasium, indoor heated swimming pool and a large outdoor terrace with four additional barbecues and seating areas. At the presentation of the award the judges said: “the excellent design of the complex as a whole, and the individual apartments, as well as the very high standard of build quality throughout, the attention to detail and the extensive scope of amenity on offer: from the generously appointed and sophisticated internal common areas to the visually appealing roof garden areas.” “The apartments all have an inviting, aesthetic appeal.  The complex as a whole presents an outstanding offering for today’s modern urban lifestyle, where spaces need to be visually welcoming and provide flawlessly appointed stylish design.” When Central Equity began development in Southbank more than 30 years ago there were less than 100 residents in the area. Southbank now houses around 20,000 people. Reports commissioned by the City of Melbourne estimate that the number will increase to around 50,000 by 2037. Central Equity has been credited with changing the face of Southbank, developing more residential properties than any other developer in the suburb. The 2019 HIA award is testament to Central Equity’s 32-year history of building as promised. Southbank Place Apartments sold out very quickly and the project has been integrated into the Southbank community. The building is now effectively fully occupied. Southbank Place is situated at 60 Kavanagh St, Southbank (corner of Power St). See more at southbankplace.com.au  

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