MELBOURNE, AUSTRALIA
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Eq. Tower

A’Beckett Street, Melbourne

Multi-residential tower development

Project Highlights First joint venture with Chinese institutional company, Sino-Ocean Land

Partners

Project Value $330m

Project Timeframe April 2013 –
June 2017

Eq. Tower

Eq. Tower was a categorical commercial success for ICD Property. The sales rates achieved for these apartments took place in a record time period compared to any residential apartment project in Melbourne, 80% of residences sold within two months. The balance was achieved in eight months overall. We also managed to secure a planning permit from the Minister’s office in the remarkable time of 165 days. As well as being our fastest selling project, Eq. Tower eloquently and powerfully communicates ICD’s overall vision: we seek to influence and improve state-of-the-art high-rise apartment developments in Melbourne’s CBD. This project benefits greatly from the joint venture arrangement we enjoy with Sino-Ocean Land, one of China’s largest land developers. The Sino-Ocean brand instils immediate confidence with Asian audiences in particular and ICD was able to introduce this venerable company to the nuances of the Australian marketplace.

The biggest single bank development funding in Victoria at the time.
634 apartments over 65 levels were sold in less than 240 days.

Visit the Eq. Tower website

Visit website
Construction update April 2017

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For ICD Property, the future is an exhilarating place. Our vision expands, our relationships strengthen and accomplishments are acknowledged. We continue to thrive and excel. The time to partner with us is now.

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Location
Level 18, 303 Collins Street

Melbourne VIC 3000

Australia

Level 19, 233 Castlereagh Street

Sydney NSW 2000

Australia