“We will look to implement a masterplanned, staged development with hospitality, retail and residential components to activate this extensive site,” Kokoda Property director Sam Tucker said.
A total of 270 apartments will be spread across the two buildings, including 103 one-bedroom, 155 two-bedroom and 12 three-bedroom dwellings. Additionally 203 bicycle parks will be emplaced.
There will be ample car parking with 283 spaces provided for residents, 52 for office tenants and 30 spaces for visitors, spread across five basement levels.
Four significant single and double-storey heritage shopfronts will be retained and integrated into the design proposal to both “maintain” and “celebrate” the historical character of the suburb.
Existing laneways and links through and around the site will also be retained and enhanced to continue easy access to Malvern Station.
The building’s stepped form will also provide terraces for select apartments as well as communal rooftop spaces as well as improved landscaping along the railway corridor.