HOW GREEN AM I?

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Property developers are finally responding to the market’s call for environmentally friendly homes. But buyers need to be aware that some homes do not live up to their green claims, while others are so green they are cumbersome to live in.

 

It can be a bit of a goldilocks situation. You want an apartment that conforms to your values, but you also want one that fulfils all your needs.

 

One development that has hit that sweet spot is Pace of Northcote. The building is being developed with the environment front of mind. It features 40 rooftop solar panels, solar powered lighting in all common areas, rooftop rainwater harvesting, and vertical wall gardens for natural cooling. These features are not just an afterthought either. The building will achieve an overall energy rating of 6.6 stars – that is a commitment from Pace, and a 10 per cent improvement from the minimum requirement.

 

The environmental footprint of the building is being considered in its totality. “We recycle more than 80 per cent of our construction waste, which is quite rare in the industry,” said Cameron Yates, Sales and Marketing Director, Pace Development Group.

 

Pace recently won the 2016 Property Development Award for their St Kilda development ‘The Icon’. They put significant care into the design and execution of their developments, and take a thoughtful approach to lifestyle.

 

Other developments marketed as eco-friendly illustrate how minimizing the environmental impact can come at the expense of lifestyle. They are currently all the rage with prospective customers enduring a lengthy waiting list to snap up one of the apartments. But when you move in you will have to sacrifice on air-conditioning, a car space, and will forever be washing your clothes in the communal laundry.

 

Pace of Northcote on the other hand has managed to strike a far more balanced approach to eco-living. The vertical green garden covering the façade will insulate the building and reduce the need for heating and cooling, but the apartments do come with air-conditioning for those swelteringly hot summer days. You will get your own car park (not a stacker), and you will have your own laundry in your apartment.

 

If you are a lover of coffee, you will not be short changed – one of the best coffee makers is moving into the building.”

 

You also get a substantial balcony, a storage cage, fully fitted robes, premium fitting and finishes, wooden floorboards, SMEG appliances, NBN capability, and access to a large bicycle storage facility.

 

Mr Yates explains it is mainly owner-occupiers who are purchasing in Pace of Northcote. “It’s not so much investors, it’s more first home buyers and owner-occupiers, which helps with the kind of atmosphere that is created. Due to the high level of owner-occupiers, it’s more likely residents will have a sense of pride toward the building – this generally means it will be well looked after and kept tidy.

 

“The reason they are looking at this building is lifestyle and location – the village atmosphere, close to the city, but it is still quite leafy. It’s an opportunity for people who love the area, who are potentially renting, and want to stay in the area at quite an affordable price point.”

 

Located in the hip part of town, Pace of Northcote is just a short stroll to Welcome to Thornbury, Northcote Social Club, and a host of other great cafes, bars and eateries. Public transport is also on the doorstep.

 

If you are a lover of coffee, you will not be short changed – one of the best coffee makers is moving into the building. Pace is partnering with experienced hospitality operators Joe Versace and Aprim Michael, creators of Hey Jude, Little Sister Cafe, George Jones, Dear Abbey, and Brunswick Flour Mill. The new venue will anchor the building to the prominent High Street and Beavers Road intersection, and will bring a new level of casual dining to the northern end of Northcote.

 

Construction has recently begun and will be completed in quarter four next year. Mr Yates explains the reason Pace can complete their developments so fast is “because we are the builder ourselves. A lot of property developers are at the mercy of third party builders, which can slow down the process.”

 

Pace of Northcote is the complete package: Eco-friendly features, beautifully designed, functional, and ideally located.

 

If you would like to know more about Pace of Northcote, please visit their website: http://paceofnorthcote.com.au/

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