Hocking Stuart’s Scott McElroy is marketing the apartments, which range in price from $515,000 to $1.025 million. Some of the apartments in the complex have already sold.
The development replaces four shops between 68 – 72A Acland Street, including former dining institution Greasy Joe’s which has relocated within the area.
The Face reconstruction is set to start in the middle of the year and be completed by the end of next year.
Other Arno projects include the Isis development in Domain Road, South Yarra and S Residences in Mathoura Road, Toorak.