Molti Reimagines Its Armadale and Toorak Projects as Luxury Apartment Collections

Boutique developer Molti is bringing more of its finely crafted homes to Melbourne’s prestige market, reimagining its projects on Mercer Road in Armadale and Denham Place in Toorak as intimate collections of luxury apartment residences. Updated plans have been submitted to the City of Stonnington.

The changes follow a major rezoning of the Armadale site in recent months, which opened up significant new planning capacity. Molti took the opportunity to reassess both schemes together and made a considered market-led decision to evolve them from their original formats.

The revised plans take Armadale from six residences to 11, and Denham Place from three residences to 10, delivering more of what Molti specialises in, and more of what prestige buyers want: beautiful homes created by some of the best in the business.

The vision to create legacy homes remains unchanged, as do Molti’s project partners, with Carr driving the architectural response and Eckersley Garden Architecture as landscape architect on both projects.

Molti Managing Director Ben Teague said the team was genuinely excited about what had emerged from the process.

“The rezoning at Armadale opened the door to do more of what we do best. We had a builder ready to go, but when we looked at both projects side by side, the upside was too good to walk away from. Apartment collections were the clear answer,” he said.

“We’re seeing strong demand for luxury apartment living. Buyers want the peace of mind that comes with greater security, and the freedom to lock up and leave when they’re spending time away. These residences give them both, with the design, landscape and craftsmanship that define every Molti home.”

Mr Teague said enquiry across both projects had been strong, and that sales were paused before any contracts were signed, so no buyers have been affected. A builder was in place across both schemes, but commencement was paused as the upside was too significant to walk away from.

“We have a strong pool of prospects who are eager to see the revised schemes, and we’ve been able to build their feedback directly into both projects,” he added.

The announcement follows the topping out of Molti’s Heirloom project in Kangaroo Point, Brisbane, on 5 November, a milestone Mr Teague said reflected the company’s approach.

“Heirloom reaching its full height is the clearest proof we can offer that we deliver on what we say we will. Our commitment to finely crafted luxury residences hasn’t changed, and the same thinking has shaped these new collections,” he said.

“At Molti, we stay responsive to the market as it changes, and we never let what’s come before determine the right path forward.”

Updated plans for both projects were submitted to the City of Stonnington in October and are subject to council approval.