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Ubertas Group to Sell Last Apartments at 505 St Kilda Road                  
Written by Marc Pallisco    
Monday, 29 March 2010

A UNIQUE luxury apartment with a “left-wing” connection has hit the market, as the developer of a new complex clears the last of the unsold apartments.

The double-storey “townhouse-style” apartment is on the ground floor of Ubertas Group’s 505 St Kilda Road complex, a project built on the site of what was St Kilda Road’s first high-rise office.

The 505 complex is absolute park-front, having a security door connecting residents to the massive Fawkner Park. The apartment itself (G02) includes two bedrooms, a study, two car parks, downstairs courtyard and upstairs balcony – both with a park vista.
Icon Property’s Robert Mitchelson is marketing the apartment for private sale at $1.8 million.

Ubertas is headed by Albert Dadon, a long-time and close personal friend of Prime Minister Kevin Rudd and wife Therese Rein, and with whom he spent last New Year’s Eve.

Last year Ubertas appointed Deputy Prime Minister Julia Gillard’s partner, Tim Mathieson, to a role marketing apartments, despite “Mr Gillard’s” previous sales experience, selling hair products.

Ubertas owns a double storey office building on a prominent site opposite the Flagstaff Gardens and Victoria Market, and is currently seeking approval by Planning Minister Justin Madden to build one of two high-rises, the tallest rising some 50-levels (the smallest rising 35-levels).

http://www.realestatesource.com.au/ubertas-group-to-sell-last-apartments-at-505-...

Labor -pro-highrise!