MaxCap Group / News / News / Piccolo’s $60m Carlton Residential Tower Duo, Upperhouse, Completed
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Piccolo’s $60m Carlton Residential Tower Duo, Upperhouse, Completed

Oct 7, 2014
Piccolo's $60m Carlton Residential Tower Duo, Upperhouse, Completed

MaxCap is pleased to announce that the Upperhouse project has successfully completed.  MaxCap would like to acknowledge the developer Piccolo,  senior lender ANZ and project manager Sinclair Brooke, whose collaboration on the sold-out project delivered a premier product to the inner-Melbourne suburb of Carlton.

MaxCap Mandate:
Provided Institutional 2nd Mortgage Development Funding

Client:
Piccolo

Location:
Carlton, Melbourne

Project:
Residential development of 110 apartments over 17 levels

GRV:
$55,900,000

Upperhouse is comprised of two distinct apartment buildings – The Podium and The Cloud. The Podium structure provides elevated serenity from the dynamic Melbourne arterial of Swanston Street, while The Cloud perches above the low-lying Carlton skyline, offering intimate views of Australia’s cultural capital, Melbourne.

Visit the Upperhouse website .