Client
Figurehead Property
Location
184 The Esplanade, Caroline Springs
Cost
$4m
Duration
10 months
Completion
November 2016

Lago 184, located at 184 The Esplanade, Caroline Springs, represents Figurehead's first self-developed multi-residential project and a significant step in establishing its Property Division. Following the successful delivery of a client project in the same area, this development provided Figurehead with the opportunity to leverage its construction expertise, streamline the development process, and maximise returns. The project consisted of 18 modern apartments, offering a mix of one and two-bedroom configurations designed to meet the growing demand for quality housing in Melbourne's fast-growing outer suburbs.

The boutique development, completed in October 2016, delivered a well-executed and functional outcome for residents. Designed by Papapetrou Rice Architecture, Lago 184 features a clean, modern façade that reflects the growing vibrancy of the Caroline Springs area. Each apartment was thoughtfully planned, incorporating practical layouts, open-plan living areas, and private balconies to maximise space and natural light. Standard finishes were selected to provide residents with a balance of quality and durability, ensuring a low-maintenance living environment.

The project also included several purchaser-driven changes, which were accommodated seamlessly during construction. Figurehead's ability to incorporate these modifications while maintaining program and budget timelines highlights its dedication to delivering projects that meet both developer and resident expectations. Through careful coordination and on-site management, Lago 184 was successfully delivered ahead of the contracted practical completion date.

As Figurehead’s first venture into property development, Lago 184 set a solid foundation for future projects. The team’s ability to combine its construction expertise with a seamless development approach has since become a hallmark of its work. Lago 184 demonstrates Figurehead’s commitment to delivering quality residential developments that enhance growing communities.

18
apartments
4
levels