Cirque Richmond New Apartments | Investment Property Melbourne

Uncompromising quality, exacting attention to detail, premium finishes and a wonderful sense of space are the signatures of Cirque apartments.

While Richmond may surround you with vibrancy, action and choice at every turn, life at Cirque becomes a sanctuary of designer comfort, light and contemporary refinement.

With a multitude of new apartment configurations to choose from, a key design element at Cirque is individuality.

Investment:

Cirque Richmond presents a rare opportunity for both owner occupiers and investors to buy into one of Melbourne’s most desired property locations. Richmond is widely recognised for its excellent restaurants, designer label shopping outlets and the sporting precincts including the MCG.

Located within the City of Yarra, its outstanding amenity and proximity to the CBD make it one of Melbourne’s most vibrant inner city locations.

Melbourne is seeing strong population growth due to Government investment in key services, our strong economic fundamentals and our reputation as one of the world’s most liveable and affordable cities. More people are moving to Melbourne, less are leaving and births have reached record levels.

Low Vacancy Rates
Over the past 5 years Melbourne has seen a significant tightening of Residential Vacancy Rates, falling to its
lowest of 1.1% in September 2008.

The industry benchmark value for vacancy rates is considered to be in the order of 3.0%. Vacancy Rates lower than this benchmark indicates strong demand for rental accommodation which has been a genuine driver behind lower vacancy rates and higher median rental prices.

Rents on the Rise
Richmond’s weekly median rents have risen significantly over the past 4 years by around 40% since 2004. The median weekly rent for a 2 bedroom flat in Richmond has increased considerably since 2004 indicating a very strong level of demand. Analysis of the current rental market reveals that new 1 and 2 bedroom apartments generally attract rental rates of between $430 to $440, and $580 to $700 respectively per week.

Cirque Richmond Design:
The luxurious, individual aesthetic of Cirque interiors is brought to life in premium finishes at every turn – whether you choose the Neutral Scheme with its soft, muted tones creating a harmonious, tranquil environment, or the Contemporary Scheme with its more modern, edgy colour scheme and bold, dynamic combinations of light and dark.

Cirque’s commitment to Environmentally Sustainable Design (ESD) includes passive solar design and shading to all apartment windows, while each window is double glazed for improved thermal performance.

Water efficient tapware throughout kitchens, bathrooms and laundries, plus water saving cisterns, is complemented by a solar-boosted hot water system connected to the rooftop solar panels that provides up to 60% of hot water heating.

Additionally, Cirque is air-conditioned by a highly efficient, low energy ‘VRF’ style system.

This is the future of apartment design.

Select apartments at Cirque boast some of Richmond’s finest views.

The city looms large, right on your doorstep. Other Melbourne landmarks are given a fresh perspective. Parklands, the river, the MCG and iconic Richmond buildings like the town hall clock tower, the old Pelaco factory and more can be seen in all their glory. To the East, the leafy suburbs of Kew and Hawthorn fill the skyline, with glimpses of the Dandenongs providing a majestic backdrop. Closer to home, the views of Richmond are highlighted by the rich warmth of brown terracotta tiles adorning the many Victorian homes and terraces that surround Cirque.

Perhaps the only thing that will distract you from the view and draw you away from your sanctuary is the energy and vibrancy of the streets below.

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