Salter Brothers new residential development, Candela, Ivanhoe. Just released

Salter Brothers has today launched a new residential apartment development in Ivanhoe, Victoria – Candela, Ivanhoe – an investment of the Group’s Property Opportunity Fund.

Located 9km from Melbourne’s CBD and perched on one of Ivanhoe’s highest peaks, Candela’s 80 penthouses and apartments all benefit from the design, height and orientation of the building, which offers unrivalled views of both Melbourne’s city skyline and Dandenong Ranges.

Commenting on the development, Salter Brothers Property Opportunity Fund Director and Project Lead, Dumindha Ranasinghe said “Candela presents a rare opportunity in a unique location and as a result, we believe will always be in demand. There are very few locations close to Melbourne that rival Candela’s position and views, and when combined with its thoughtful architecture and design, the result is a high quality luxury penthouse and apartment development of which we are proud”.

Architecture excellence that embraces

Designed by John Demos Architects, Candela’s architecture is distinguished by a glass façade and layers of materials that softly diffuse natural light throughout the entire building. Rather than existing as one building, it has been separated into a series of curvilinear forms with points of transition from one form to the next along the site’s axis. This can be seen from overhead, but will be truly appreciated by the residents of Candela as a multifaceted, individual experience.

Interior Design that invokes all the senses

With natural light permeating every apartment, interiors are awash with light and complete with natural finishes, textural surfaces and high quality bathrooms and kitchens comprising Miele and Gaggenau Appliances. The high quality interior design and curation of select materials by designer, Kathy Demos reflects her ethos of designing unique homes to be lived in and enjoyed.

Progressive, sustainable design

Sustainable features have been integrated throughout a progressive, sustainable design. Achieving a NatHERS rating of 6 and a 7 star energy rating, Candela has been equipped with a number of innovative inclusions – solar power, water efficiency, natural light – all combining to form comfortable, efficient and environmentally conscious living spaces.

Connected lifestyle close to the CBD

Designated as a landmark location by The City of Banyule, Candela’s enviable position sees it located a stone’s throw from Ivanhoe village and only 20 minutes to the city – creating a strong connection to all amenities including public transport, parks and recreation, schools, strip shopping, supermarkets and specialty stores, and a range of cafes and restaurants.

Adding to the enviable surrounding lifestyle for residents of Candela, is a range of private amenities on-site which include a café, wine bar and providore on ground floor, a wellness studio, a welcoming atrium and courtyard to meet and greet friends, and a rooftop terrace with spectacular views.

In summing up, Dumindha Ranasinghe said ‘core to the success of Candela, as with all of our projects, are the partnerships forged with likeminded partners who share our vision and philosophy. Our collaboration with John Demos Architects and designer Kathy Demos, together with Marshall White Projects for the sales and marketing, places the project in a strong position to deliver value for purchasers and our investors alike’.

For more information about Candela, visit: candelaivanhoe.com.au

Salter Brothers Asset Management Pty Limited: ABN 33 119 833 760, AFSL 308971 is the trustee of all Salter Brothers Funds.