Details

Project Information

Site Address123-125 Como Parade East, Parkdale, VIC 3195
PriceStarting from $1,090,000
Property TypeResidential Apartments
Product Mix2 and 3 Bedroom Apartments
Storeys3
Residences13
Project StatusConstruction Commenced
Estimated CompletionLate 2026
SuburbParkdale
Local Government AreaCity of Kingston

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Otium Apartments

Get the latest pricing, floor plan, and project updates for Otium.


2 bedroom townhouses from $1,090,000

bed
  2   
bath
  2   
car parking
  1   

3 bedroom townhouses from $1,610,000

bed
  3   
bath
  2   
car parking
  2   

 

 
 

 

Otium Parkdale Apartments at 123-125 Como Parade East

Otium Parkdale introduces a boutique collection of premium bayside residences at 123-125 Como Parade East, Parkdale, VIC 3195. Designed for buyers seeking sophisticated, low-maintenance coastal living, the development brings together inspired architecture, refined materials and an exceptional position close to Parkdale Village, public transport and the beach.

Comprising just 13 two and three-bedroom apartments across three storeys, Otium Parkdale Apartments offer an exclusive residential environment within the City of Kingston. Construction has commenced, with completion estimated for late 2026.

Contemporary Bayside Architecture

The architecture of Otium Parkdale has been conceived by Almeida Architects, whose collaborative and context-responsive approach focuses on balancing functional living with enduring architectural character. The building combines robust red brick, exposed concrete, sleek black detailing and cascading greenery to create a confident yet carefully considered presence within its coastal neighbourhood.

Expansive windows invite natural light into the residences, while generous balconies and terraces strengthen the connection between indoor and outdoor living. The architecture responds to Parkdale’s relaxed bayside identity while establishing Otium – 123-125 Como Parade East as a distinctive contemporary address.

 

 
 

 

Two and Three-Bedroom Otium Parkdale Apartments

The two lower levels accommodate ten thoughtfully planned two-bedroom residences created for practical elegance, comfort and everyday convenience. Flowing floorplans, refined finishes and generous living spaces make these apartments well suited to professionals, couples, downsizers and investors interested in boutique Parkdale property.

The upper level features luxurious three-bedroom apartments with expansive outdoor areas, elevated outlooks and house-like proportions. These larger residences offer an attractive alternative for buyers who want spacious living without the upkeep of a traditional freestanding home.

Secure basement parking and integrated landscaping further support a convenient, low-maintenance lifestyle. With only 13 residences, Otium Parkdale provides a sense of privacy and exclusivity that is rarely available in larger apartment developments.

A Boutique Opportunity in Parkdale

Otium Parkdale presents an appealing opportunity for downsizers, owner-occupiers and investors seeking new apartments in a tightly held bayside location. Its limited collection of 13 residences, spacious two and three-bedroom layouts, refined architectural expression and proximity to the village, station and coastline create a compelling combination of privacy, convenience and lifestyle.

With construction underway and estimated completion scheduled for late 2026, Otium – 123-125 Como Parade East is set to introduce a sophisticated new standard of boutique apartment living to Parkdale.

 

 
 

 

Location of Otium Parkdale

23km south from Melbourne CBD

 
 

 

A Connected Parkdale Village Location

One of the defining advantages of 123-125 Como Parade East is its position near the centre of Parkdale. Residents will be close to the cafés, restaurants, shops and everyday services of Parkdale Shopping Centre, while Thrift Park Shopping Centre in Mentone provides a Woolworths supermarket, fresh-food retailers, cafés and essential services. Westfield Southland expands the surrounding retail offering with major stores, dining, entertainment and services.

Parkdale Station is within convenient walking distance and provides Frankston line train services towards Melbourne and surrounding bayside suburbs. Bus connections are also available around Parkdale Station and Como Parade East, supporting travel to neighbouring destinations including Mentone, Mordialloc, Cheltenham and Hampton.

Families considering Otium Parkdale Apartments will find several respected education options in the surrounding area. Nearby schools include Parkdale Primary School, St John Vianney’s Primary School and Parkdale Secondary College. Mentone Grammar and Mentone Girls’ Grammar are also located within the wider Parkdale and Mentone education precinct.

School zones and enrolment eligibility can change, so purchasers should confirm current information directly through Victoria’s official school-zone resources and the relevant school before making a property decision.

Gerry Green Reserve is one of the leading nearby recreation spaces, offering an oval, sporting facilities, tennis courts, a landscaped playground, picnic areas and barbecue facilities. Parkdale Beach and its foreshore provide approximately 1.5 kilometres of coastline, complemented by a walking path, grassed areas, seating and beachside amenities.

Sandringham Hospital is a key hospital serving Melbourne’s bayside communities, providing emergency care, paediatrics, general medicine, maternity and outpatient services. Moorabbin Hospital is another established healthcare facility within the broader south-eastern Melbourne area.

 

 
 

 

Frequently Asked Questions about Otium Apartments

What onsite amenities have been planned at Otium?

There are no plans to include any onsite amenities at Otium.

What mixed used spaces have been planned at Otium?

There are no plans for Otium to include mixed use spaces.

How many car park spaces will be available at Otium?

Otium has plans to include car park spaces.

How many bicycle spaces will be available at Otium?

There are no plans for bicycle spaces at Otium.

How many motorbike spaces will be available at Otium?

There are no plans to include motorbike spaces at Otium.

What sort of internal sizes can be found at the Otium residences?

What is the total site area of Otium?

The total land or site area of Otium is approximately 890m².

How many buildings are there at Otium?

There are plans to include a total of 1 building at Otium.

What is the address of Otium?

The address of Otium is 123-125 Como Parade East, Parkdale, VIC 3195.

What is the starting price at Otium?

Otium offers residences with a starting price of $1,090,000.

What types of properties are available in Otium?

Otium will be comprised entirely of residential apartments.

What floor plan configurations are available at Otium?

Otium will have options including:

  • 2-3 bed
  • 2 bath
  • 1-2 car park spaces

How many floor levels are there including the ground level at Otium?

Otium will have three floor levels in total including the ground level.

How many residences are there at Otium?

Otium has plans to have a total of 13 apartment residences.

What is the project status at Otium?

The construction has commenced at Otium.

What is the estimated completion date of Otium?

Otium has an estimated completion of late 2026.

Which suburb is Otium located in?

Otium is located within the suburb of Parkdale in the state of Victoria.

Which Local Government Area is Otium located in?

Otium is located within the City of Kingston.

 

 
 

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