My Honest Take on Verde - Arts Precinct, Southbank

02-Feb-2025

My Honest Take on Verde - Arts Precinct, Southbank

I’ll be straight with you—Verdé - Arts Precinct at 85 Coventry Street, Southbank is one of the most intriguing new launches in Melbourne right now.

But before you jump in, let’s break down what makes it stand out, what concerns you might have, and whether this is truly the right investment for you.

First Impressions: Location is Everything

As a realtor, I always tell my clients—location is key. And Verdé delivers on this front. Being in the heart of Melbourne’s Arts Precinct means you’re surrounded by world-class institutions like the NGV, Arts Centre Melbourne, and Malthouse Theatre. You’re also steps from Crown Casino, Southbank Promenade, and some of the best cafés and restaurants in the city.

This is fantastic news for lifestyle buyers. For investors, this means high rental demand—young professionals, international students, and executives all want to live in this area. And with Melbourne’s rental market getting tighter, this could be a strong source of passive income.

The Residences: What You Need to Know

Verdé is offering 1, 2 & 3-bedroom apartments, all designed by Bruce Henderson Architects. Here’s what stands out to me:

Kitchen: SMEG appliances, integrated dishwasher—a great touch of luxury.

Living Spaces: Floor-to-ceiling windows? Yes, please. Natural light is a big deal, and this is a major plus.

Floors: Hardwood timber & plush carpets? A nice balance between durability and comfort.

Parking & Storage: Basement parking, storage compartments, and bicycle storage—it’s clear they’ve thought about convenience.

The layouts look promising, but I always advise my clients to check the actual floor plans. Not every unit will have the same level of light, views, or layout efficiency—so choosing the right one is key.

What About Amenities?

This is where Verdé really shines. The developer clearly understands modern living needs:

Concierge services: Not just a gimmick—this is great for security, parcel collection, and day-to-day convenience.

Co-working spaces: A must-have in today’s remote working culture.

Formal & informal dining areas: Whether you’re hosting a business dinner or a casual get-together, this adds serious value.

Roof terrace with BBQ: A killer feature, especially with Melbourne’s skyline views.

Fully-equipped gym: Saves you money on a gym membership.

Honestly, these are the types of features that set premium developments apart. If you’re looking for a high-end, low-maintenance lifestyle, Verdé ticks the right boxes.

Is Now the Right Time to Buy?

Let’s talk numbers. With Melbourne’s property market expected to grow by 3% in 2025, this could be a great time to buy before prices climb. Plus, stamp duty savings are available—but only for a limited time. That’s an easy way to save thousands upfront.

From an investment perspective, Southbank’s rental demand is strong. With Verdé’s prime location, premium amenities, and contemporary design, I see this as a property that will appeal to long-term tenants and deliver steady capital growth.

My Verdict: Should You Invest in Verdé?

If you’re looking for a luxurious, hassle-free home in one of Melbourne’s most desirable locations, Verdé is a solid option. If you’re an investor, this is a property with strong rental potential in a high-demand area.

But here’s the catch: Units are limited, and once stamp duty savings disappear, the cost goes up. If you wait too long, you might end up paying more—or worse, miss out entirely.

So here’s my advice: If you’re serious about investing in Melbourne, let’s chat today. I can walk you through the best units, pricing strategies, and how to maximize your returns.

Contact me now before this opportunity slips away.