Kapitol Group – Tungs 547 Elizabeth St
We’re so excited to announce that the first ground floor concrete pour has been completed at Kapitol Group’s Tungs melbourne development at 543-547 Elizabeth St Melbourne. Now construction starts on the next 13 levels!
This is a fantastic opportunity to be part of Melbourne’s next generation of high-rise living. The building’s prominent signage will be removed and replaced with signage appropriate to its heritage-listed status.
The plans for a tower at 543 Elizabeth Street seek to restore the moderne brick facade, built for Motor Spares in 1937 to a design by R. M. & M. H. King architects, which is currently a heritage building.
The construction sees the restoration of the parapet gables and terrazzo floor to their original condition, as well as the reinstatement of some original shopfronts. The building’s prominent signage will be removed and replaced with signage appropriate to its heritage-listed status.
The project will create residential towers with apartments over 19 levels above ground car parking on Levels 1-2, 3 levels of basement car parking with access from Peel Street and an additional basement level access via Elizabeth Street
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