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Steller is proud to announce its support of local communities within Victoria through a sponsorship investment of over $500,000 across various initiatives including Bowls Victoria, ALF South-East and Mornington Race Club.
We believe sponsorships are one of the best ways to connect with the community and enables us to share and support local sporting passions and interests as well as build a stronger and closer relationships.
Steller will be the naming sponsor of Bowls Victoria for the next five years, as well as providing support for their State Championship in early November and the naming sponsor for the Victorian Open. The sponsorship of Bowls Victoria extends to becoming the naming partner of Anderson Park, which will now be named ‘Steller Park’.
Steller is continuing its dominance of Melbourne’s suburbs with the $25 million purchase of a 2,400 sqm commercial site at 233-247 Glen Huntly Road, Elsternwick.
The latest acquisition follows the purchase of a number of other development sites including 22 Wood Street in Preston for $13.6 million, 6-12 Davey Street in Frankston for $13.5 million and 36 Graham Road in Highett for $18.8 million.
“From our point of view Melbourne’s property industry has never been stronger. We sold 30% more stock in the first half of this year compared to last year, which shows there is still significant demand for well-planned high quality apartments in the suburbs of Melbourne,” said Nicholas Smedley, Managing Director of Steller.
Steller has plans to build a state-of-the-art low density residential development in Bittern to address the shortage of affordable retirement living options on the Mornington Peninsula. Steller Estates aims to provide local retirees with accessible, purpose built and affordable housing in a high-quality community.
The plans include the development of 281 two and three-bedroom villa units and an abundance of communal facilities. The development will complement the existing landscape by retaining vegetation around the permitter and clusters of vegetation within the community. For further information, visit:
Steller has decided to take a step forward by increasing our minimum Green Star energy ratings from four stars to seven stars. We have previously been incorporating a multitude of sustainability features into our homes, however, we intend to take this to the next level for all upcoming developments.
For more information on our sustainability efforts: www.steller.com.au/sustainability
We are excited to announce that we will be building four new medium density developments across the south-east of Melbourne, bringing our project list to over 44 developments. Three projects will be dropping in February, and another in April. The developments will conform to our mission on delivering quality apartments in Melbourne, which continue to meet the demand of buyers locally and offshore.