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DeGroup set to launch Sprout Richmond townhouses

Sahil Bhasin expects local young professionals in their 30's to be keen on the three level townhouses due to their proximity to Swan Street

DeGroup set to launch Sprout Richmond townhouses
Sprout, set in the heart of Richmond. Image supplied

The longstanding Melbourne developer DeGroup are set to launch Sprout Richmond, a boutique collection of townhomes in the heart of Richmond.

The Glass Street development, just off the bustling Swan Street, comprises 15 townhouses in total. The 13 two-bedroom residences start from $999,000, and the two three-bedroom homes are priced at $1,499,000.

Bricks & Mortar founder and selling agent Sahil Bhasin sold out DeGroup’s most recent project Fitzrovia, a development of 17 townhouses on Fitzroy's Kerr Street in just eight weeks.

He expects Sprout Richmond to follow suit, with the three level townhouses appealing to young professionals in their 30's due to their proximity to Swan Street.

“The homes are a walker’s paradise, with restaurants, cafes, bars, shops and amenities in abundance,” Bhasin said.

“Everything that draws people to this spritely neighbourhood is but a stone’s throw away from Sprout Richmond.”

DeGroup worked with award-winning builder Mancini Made to ensure the townhouses are sustainable throughout, from the durable Colorbond cladding and rainwater plumbed toilets, to the energy efficient appliances and double glazed windows and glass sliding doors.

Some of the residences, with architectural influences from Haskell Architects, have achieved a 6.7 Star NatHERS rating, translating to reduced carbon footprints for residents and significant cost savings on energy bills.

It's an important focus for DeGroup, whose executive director Ben DeLutis ranks sustainable living as one of the company's highest priorities.

"Sustainable living is no longer an option, it is absolutely integral to our process and planning," DeLutis says.

The townhouses, set for completion in early 2022, are set in landscaping by the landscape architect Phillip Withers.

“The focus was on creating a calm and welcoming space where people would want to stop and take in their surroundings," Withers says.

"I wanted the Sprout community to enter, look up and be greeted by a mass of vertical greenery, perfectly complemented by the architect’s contemporary design.”

About the developer

DeGroup has been operating since 1973 when it was founded by its executive chairman Colin DeLutis.

The family-ran company, whose executive director is Ben DeLutis, Colin's son, is made up of three divisions; the property development division, which manages and develops residential, retail, hospitality and commercial properties; investment division which owns and actively manages over 40 investments; and group of companies division which comprises several operational businesses.

They have previously developed the residential projects Lygon Place in East Brunswick and 211 Dorcas Street in south Melbourne.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and new developments across the country

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Richmond Townhouse Market

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