Salta announces second East Melbourne complex

Salta has unveiled an East Melbourne residential complex for those spooked by the $1m entry price at its 150 Clarendon St development, also in the suburb.

The more affordable project, 140 Gipps Street, will contain 17 dwellings in a four level structure.

It is still targeted to prestige buyers, fit out with a fireplace and marble surfaces.

The dwellings will also have a large terrace.

Prices range from $525,000-$1.3m.

The complex is earmarked for an outgoing Mercy Hospital car park.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.