18 Boutique 3-Bedroom Residences in Footscray - Only 10 Remaining
From $1,075,000.
Optional deposit contribution for Home Owners and Investors – we’ll contribute $161,250 or more toward your deposit, with no interest or repayments for 10 years.
Learn how the Deposit Contribution works.
Key Property Facts
Completed Apartments: 8 Available
• 3 Beds | 2 Bath | 1 Car Parks
• Internal: from 118m² to 147m²
• Outdoor: from 11.6m² to 38.3m²
• Prices: $1,075,000 to $1,275,000
• Deposit contribution: from $161,250*
Completed Penthouses: 2 Available
• 4 Beds | 5 Bath | 50m2 private garage
• Internal: from 257.6m² to 275.5m²
• Outdoor: from 170m² to 190m² Private Rooftop Decks and balcony
• Prices: $2,186,000 to $2,375,000
• Deposit contribution: from $218,600*
Why These Residences Stand Apart
1
True 3-bedroom layouts (not reworked 2-beds)
2
Oversized internal areas
3
Low-density boutique building (18 residences total)
4
Walk Score of 98%
5
Toorak-quality finishes at Footscray prices
Floor Plans
Whether you are an individual investor, a couple, a family, a tenant, or anyone else interested, you have the opportunity to benefit from the Platypus Impact Housing Australia (Platypus) Shared Equity program. This innovative initiative is a significant advancement and is straightforward to engage with.
The Platypus Shared Equity opportunity enables you to acquire a property with a minimal initial deposit. For instance, you can secure a property with just 5% deposit, with Platypus contributing an additional 15% to constitute a total Shared Equity Balance of 20%. This contribution from Platypus is provided as a no-interest loan, repayable over a period of up to 10 years! There are NO MONTHLY PAYMENTS and you may commence ownership with as little as $5,000.
Floor Plans
PICKETT ST, FOOTSCRAY
LUXURY BEYOND IMAGINATION
Marvel as spectacular arches adorn Arco’s frontage, setting the tone for the grandeur found inside.
Every facet has been considered and catered for; resulting in high-end splendour unlike anything
else on the market.
PICKETT ST, FOOTSCRAY
LUXURY BEYOND IMAGINATION
Marvel as spectacular arches adorn Arco’s frontage, setting the tone for the grandeur found inside.
Every facet has been considered and catered for; resulting in high-end splendour unlike anything
else on the market.
Elevating to a New Benchmark
QUIET LUXURY WITHIN
Sanctuary in the City
CURVES, HERITAGE, PRESENCE
Architectural Statement
MATERIALITY, CRAFT, DETAIL
Curated Luxury Finishes
ARCO TAKES THE ESSENCE OF FOOTSCRAY, ACKNOWLEDGING ITS HISTORY, AND CATAPULTS IT TO A SOPHISTICATED NEW LEVEL IN APARTMENT LIVING.
EQUITY THAT EMPOWERS
It’s important to note that Shared Equity does not entail shared ownership; rather, you retain 100% ownership on the title of the property. By achieving a 20% deposit, you will avoid Lenders Mortgage Insurance (LMI), resulting in significant savings and also reducing your monthly payments on the first mortgage.
You have the opportunity to purchase a property with an initial partial deposit, starting from as little as $5,000. Platypus will cover the remaining portion required to complete the 20% deposit, This arrangement is known as SHARED EQUITY, designed to reduce upfront costs and eliminate Lenders Mortgage Insurance costs (LMI).
Under this program, you repay the15% to Platypus at the end of ten years or earlier at your discretion without any interest payments. The property is likely to double in value by that time. This structure offers flexibility and financial advantages for prospective homebuyers and investors.
HELPING YOU INTO PROPERTY
Platypus Impact Housing Australia (PIHA) is a charity registered with the Australian Charities and Not for Profits Commission (ACNC). The Australian Tax Office has approved PIHA exemptions as a charitable enterprise.
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DISCLAIMER
Pricing and availability are indicative only and subject to change without notice. Areas are approximate and measured in accordance with industry standards. This information is general in nature and does not constitute financial, legal, or investment advice. Independent advice should be sought prior to purchase. All images, illustrations, and floor plans are artist impressions and indicative only. Furniture, finishes, and layouts vary between apartments.
