01 June 2016

Caydon Appoints L.U. Simon Builders For Mason Sq Development

Caydon Property Group has awarded two-time Master Builder of the Year winner L.U. Simon Builders the contract to build Caydon’s exciting new Mason Sq residential apartment development in the inner Melbourne suburb of Moonee Ponds.

The decision follows a competitive bidding process that attracted interest from a number of highly reputable tier one builders, and comes after last month’s granting of an amended permit for the project on the corner of Hall and Margaret Streets, Moonee Ponds.

“L.U. Simon demonstrated the best capacity to deliver the project to the high quality standards expected of any Caydon development, and within a timeline that would enable buyers to get into their new apartment on schedule,” said Caydon Chief Operating Officer Jarrod Stratton.

“Caydon has a long history of working closely with architects and builders throughout the design and construction phase, which is important for us to deliver buyers the very high quality and standards we promise, and that are a signature of every Caydon development.

“We have a lot of confidence in L.U. Simon having worked with them before. For over 60 years they have built some of Melbourne’s most iconic architecture, earning a reputation as one of Australia’s leading builders. This is a fantastic project that we are proud to build with L.U. Simon, and more importantly we know future residents will be proud to call Mason Sq their home,” Mr Stratton said.

L.U. Simon is close to completing the $200 million Brunswick East Ettaro development for Caydon.

“Mason Sq is a one-off opportunity to be part of one of the largest suburban developments in Victoria which will set a trend in residential and commercial projects as well as transformative community benefits,” said Terry Lewis, Director of L.U. Simon Builders.

“Each Caydon project is innovative and engenders a rewarding combination of group energy. We are very pleased to be selected and are looking forward to continuing this successful partnership.”

Mason Sq stage one will comprise of 612 one, two and three bedroom apartments, 584 car spaces (including retail and visitors spaces) and storage for 351 bicycles and 41 motorbikes, with one of its most compelling features being shared spaces that include over half an acre of big backyard featuring landscaped gardens, a 25 metre pool and sports court.

Caydon has had exceptional interest in Mason Sq with almost 300 dwellings sold. Interested buyers can still purchase off-the-plan. Stage one estimated completion scheduled for the third quarter of 2018.

Ends…
For further information contact Brian O’Neil on 0411 055 284.

About Mason Sq
On the site of a former market, Mason Sq is an inspiring masterplanned development that celebrates authenticity, fine living and craftsmanship. Here, a beautifully landscaped garden is bounded by laneways, shops and the finest contemporary residences. This apartment precinct will offer extraordinary views and exceptional quality finishes making them the perfect investment and residential opportunity, just 6km from Melbourne’s CBD. For further information visit the Mason Sq website: www.masonsq.com.au

About Caydon
Caydon is a proudly Melbourne-based, private property developer that has a reputation for building high-quality, luxury apartment developments that appeal to owner-occupiers and investors. The majority of past and current Caydon projects are within 10 kilometres of the Melbourne CBD, in precincts earmarked for higher-density living due to their proximity to public transportation and other established lifestyle infrastructure, such as shopping, schools and other services. Recent notable Caydon projects include ONLY @ Flemington, ETTARO @ Brunswick East and S.T.K @ St Kilda.

About L.U. Simon Builders
L.U. Simon Builders Pty Ltd has built over 875 successful projects in 60 years. The company was twice awarded Master Builder of the Year, most recently in 2014 and has won numerous state and national awards at the highest level in the areas of building and construction including architecture, engineering, sustainability and innovation. This expertise has resulted in design efficiency for clients’ projects. The company has broad experience in all types of buildings: commercial, retail, industrial, residential and institutional.