Frequently asked
questions.
About the project
What is Derby No.32?
Derby No.32 is an exclusive collection of 32 architecturally designed one, two and three-bedroom residences in the heart of Collingwood. Developed by Carpe Group in partnership with INT.RE | Kajima Group. The project combines architecture by Warren and Mahoney with interiors by Edwina Glenn to create a boutique residential offering that reflects Collingwood’s creative and cultural identity.
Who is developing Derby No.32?
Derby No.32 is being developed by Carpe Group. A Melbourne-based property developer specialising in boutique, design-led residential projects, the company is known for creating homes that balance architectural excellence, craftsmanship and long-term liveability.
Carpe’s portfolio includes Brighton Est (Brighton East), Brighton Collection (Brighton), Trentham House (Sandringham), Grandview (Brighton), Eaglemont Residences (Eaglemont), The Walton (Kew), The Coterie (Sandringham), Ocean House (Hampton), Studley Park Residences (Kew) and No.219 Park Street (South Melbourne), with additional projects planned across Hawthorn, Toorak, Hampton, Armadale and South Melbourne. Across every project, Carpe Group partners with leading architects, interior designers and builders to deliver residences that prioritise quality, individuality and enduring appeal.
What types of residences are available at Derby No.32?
Derby No.32 comprises a boutique collection of 32 architecturally designed one, two and three-bedroom residences in the heart of Collingwood.
The residences have been designed to appeal to a diverse range of buyers, including professionals, couples, downsizers and owner-occupiers seeking a premium inner-city home. Generous floorplans, high-quality finishes and the opportunity to personalise interior selections contribute to a residential offering that prioritises comfort, individuality and long-term liveability.
When will construction be complete?
Derby No.32 is currently progressing through its development program, with demolition now complete and the project moving towards the next stage of delivery.
The project is being delivered by Figurehead, an award-winning Australian builder with extensive experience delivering premium residential developments across Melbourne. Figurehead is recognised for its commitment to quality craftsmanship, attention to detail and successful delivery of architecturally designed projects.
As a boutique collection of just 32 residences, Derby No.32 has been carefully designed to prioritise quality, liveability and enduring value. Carpe Group, continues to work closely with Figurehead to ensure the project is delivered to the highest standards.
For the latest construction updates and anticipated completion timeframes, prospective purchasers are encouraged to enquire via the Derby No.32 website or contact Sarah Stock on 0418 584 047.
Can I visit a display suite?
Yes, Derby No.32 has a display suite located at 19 Derby Street, Collingwood. The fully realised display suite showcases the premium finishes, fixtures and materials featured throughout the boutique collection of 32 residences, providing an authentic representation of the completed homes.
Visitors can explore the kitchen, bathroom, bedroom and bespoke joinery, review available floorplans and experience the interior design by Edwina Glenn and architectural vision by Warren and Mahoney firsthand. Full specifications and inclusions are outlined within the contract schedule.
To arrange a private appointment, enquire via the Derby No.32 website or contact sales agent Sarah Stock on 0418 584 047.
What makes Derby No.32 different from other apartment developments in Collingwood?
Derby No.32 is a boutique collection of just 32 residences, offering a level of exclusivity and individuality that is increasingly rare in Melbourne’s inner north. Unlike larger apartment developments, the project prioritises quality over quantity, with generous floorplans, premium finishes and a strong focus on owner-occupier living.
The development brings together an exceptional team including Carpe Group, INT.RE Kajima, internationally recognised architects Warren and Mahoney and renowned interior designer Edwina Glenn. Residents also have the opportunity to personalise their home through a carefully curated selection of interior finishes and materials.
Located just 3 kilometres from Melbourne CBD, Derby No.32 combines thoughtful design, craftsmanship and long-term liveability with the vibrant, walkable lifestyle that makes Collingwood one of Melbourne’s most desirable suburbs. The result is a highly considered residential offering designed to stand the test of time.
Who is INT.RE Kajima?
INT.RE Kajima is Derby No.32’s development and finance partner, bringing extensive experience in residential and mixed-use development across Australia and New Zealand.
Backed by Kajima Corporation, one of Japan’s largest and most respected construction and property companies, the partnership provides significant expertise, financial strength, and delivery capability. Their involvement in Derby No.32 complements Carpe Group’s commitment to quality and helps ensure the project is delivered to the highest standards of design, craftsmanship, and long-term value.
Derby No.32 will be Carpe Group and INT.RE Kajima’s third collaboration.
Who is Figurehead?
Figurehead is the appointed builder for Derby No.32 and is recognised as one of Australia’s leading construction companies specialising in premium residential, commercial and mixed-use projects. With extensive experience delivering architecturally designed developments, Figurehead is known for its commitment to quality craftsmanship, attention to detail and successful project delivery.
Their appointment provides purchasers with additional confidence in the construction quality and delivery of Derby No.32.
Location and Lifestyle
Where exactly is the project located?
Derby No.32 is located at 32 Derby Street, Collingwood, one of Melbourne’s most sought-after inner-city suburbs. Positioned just 3 kilometres from Melbourne CBD, the boutique collection of 32 residences sits within walking distance of renowned cafés, restaurants, galleries, retail precincts and public transport.
Whether commuting for work, dining, entertainment or cultural events, residents can reach the city quickly by train, tram, bicycle or car. This proximity to the CBD is one of the key reasons Collingwood continues to attract strong demand from both owner-occupiers and investors.
Which parks and outdoor spaces are nearby?
Residents of Derby No.32 enjoy access to some of Melbourne’s most popular outdoor and recreational spaces.
Nearby destinations include Yarra Bend Park, Studley Park, Victoria Park and the Yarra River trail network, offering kilometres of walking and cycling paths, sporting facilities, picnic areas and green open spaces. These nearby parks provide a welcome balance to the energy of inner-city living and contribute to Collingwood’s highly liveable lifestyle.
Which cafés, restaurants and shops are close by?
Collingwood is renowned for its thriving hospitality, retail and arts scene. Derby No.32 is surrounded by an extensive selection of cafés, restaurants, wine bars, galleries and boutique retailers, many of which are within walking distance of home.
Residents can enjoy the best of Smith Street, Gertrude Street, Johnston Street and neighbouring Fitzroy, with access to some of Melbourne’s most celebrated dining, shopping and entertainment destinations. The area’s walkability allows residents to enjoy a vibrant lifestyle without relying heavily on a car.
Which schools are in the area?
Derby No.32 is conveniently located near a range of respected public and private educational institutions.
Nearby options include Collingwood College, Fitzroy High School, Abbotsford Primary School and several leading independent schools. The location also provides convenient access to major tertiary institutions including the University of Melbourne, RMIT University and Australian Catholic University, making it attractive to students, academics and professionals alike.
How well-connected is the area for transport?
Collingwood is one of Melbourne’s most connected inner-city suburbs.
Residents of Derby No.32 enjoy easy access to nearby train stations, multiple tram routes, extensive cycling infrastructure and major road connections. Whether travelling to Melbourne CBD, Richmond, Fitzroy, Carlton or beyond, the suburb offers convenient transport options for work, study and leisure.
The ability to walk, cycle or use public transport for many daily activities is a major benefit of living at Derby No.32.
Why is Collingwood one of Melbourne's most desirable suburbs?
Collingwood is widely regarded as one of Melbourne’s most desirable inner-city suburbs, offering a unique combination of lifestyle, connectivity, culture and convenience. Located just 3 kilometres from Melbourne CBD, the suburb blends historic character with contemporary living, attracting professionals, downsizers, creatives and owner-occupiers alike.
Residents enjoy access to some of Melbourne’s best cafés, restaurants, wine bars, galleries and boutique retailers, alongside extensive parklands, cycling trails and public transport connections. The area’s vibrant atmosphere, walkable streets and strong sense of community make it one of the city’s most sought-after places to live.
Derby No.32 places residents at the heart of this lifestyle, providing the opportunity to enjoy everything Collingwood has to offer while living in a boutique collection of just 32 architecturally designed residences. For buyers seeking a premium inner-city home with long-term appeal, Collingwood continues to be one of Melbourne’s most highly regarded residential destinations.
Why choose Collingwood over other inner-city Melbourne suburbs?
Collingwood is one of Melbourne’s most sought-after inner-city suburbs, offering a unique combination of lifestyle, connectivity and culture. Located just 3 kilometres from Melbourne CBD, it provides residents with convenient access to the city while maintaining a distinct neighbourhood character.
Compared to many neighbouring suburbs, Collingwood combines renowned dining, boutique retail, galleries, parks and public transport within a highly walkable environment. Residents can enjoy the energy of Smith Street, nearby Fitzroy and the Yarra River trail network, all while benefiting from strong long-term demand and limited supply of boutique residential developments.
For buyers seeking a premium inner-city lifestyle with easy access to work, recreation and entertainment, Collingwood continues to be one of Melbourne’s most desirable residential destinations.
What resident amenities are available at Derby No.32?
Derby No.32 features carefully considered communal spaces, including an expansive rooftop terrace designed for residents to relax, connect and enjoy views across Collingwood and the surrounding city skyline.
The project has been intentionally designed without extensive shared resident amenities. This approach reduces ongoing operational complexity and significantly lowers owners corporation (OC) fees by avoiding the cost of maintaining facilities such as gyms, pools, and shared lounges. This translates to fewer ongoing expenses, reduced maintenance responsibility, and a simpler, more predictable cost of living, while still maintaining a high-quality private residential experience.
Reflecting the project’s boutique collection of just 32 residences, the focus remains on quality, liveability and resident experience, complemented by Collingwood’s renowned cafés, restaurants, parks and excellent transport connections.
Architecture and Interiors
Who are the architects behind Derby No.32?
Derby No.32 has been designed by Warren and Mahoney, one of Australasia’s most respected architectural practices. Their design responds to Collingwood’s distinctive character, combining strong architectural form, rich materiality and carefully crafted details.
Rather than creating a large apartment tower, Warren and Mahoney have conceived a boutique collection of just 32 residences with a three-street frontage, maximising natural light, unique outlooks and a strong connection to the surrounding neighbourhood. The result is a contemporary residential building that complements its surroundings while prioritising long-term liveability and timeless design.
Derby No.32 will be Carpe Group and Warren and Mahoney eight collaboration.
Who designed the interiors?
The interiors at Derby No.32 have been designed by Edwina Glenn, an award-winning Melbourne-based interior designer renowned for creating sophisticated and highly personalised homes.
A defining feature of Derby No.32 is the opportunity for purchasers to tailor their residence through a curated selection of colours, finishes and materials. This flexible design approach allows each home to reflect the personality of its owner while maintaining the project’s overall design integrity and timeless appeal.
Derby No.32 will be Carpe Group and Edwina Glenn second collaboration.
What appliances are included in the kitchen?
The kitchens at Derby No.32 have been thoughtfully designed as the heart of the home, combining premium materials with high-quality appliances and bespoke joinery. Selected residences feature Gaggenau appliances, complemented by carefully curated finishes that reflect the project’s commitment to quality, functionality and timeless design.
Full details regarding appliances, fixtures and inclusions are outlined in the contract schedule and can be explored firsthand at the Derby No.32 display suite located at 19 Derby Street, Collingwood.
Can I customise the finishes in my apartment?
Yes. One of the defining features of Derby No.32 is the opportunity to personalise your residence to reflect your individual style.
Working within the design framework created by award-winning interior designer Edwina Glenn, purchasers can select from a curated range of colours, materials and finishes. This flexible approach allows buyers to influence the look and feel of their home while maintaining the project’s overall design integrity.
A level of personalisation such as this is uncommon in many apartment developments and enables residents to create a home that feels uniquely their own from the moment they move in.
Opportunities to customise will be limited as construction progresses.
Buying off the plan
What does buying off the plan actually mean?
Buying off-the-plan means purchasing a residence before construction is fully completed, based on architectural plans, specifications and the display suite rather than the finished apartment itself.
When purchasing at Derby No.32, buyers sign a contract and pay a 10% deposit, with the balance due at settlement once construction is complete and the residence receives its certificate of occupancy.
Importantly, Derby No.32 has already progressed beyond the early planning stages, with demolition complete and construction set to commence in July 2026. The project is being delivered by Figurehead, an award-winning builder known for delivering premium residential developments across Melbourne, providing purchasers with added confidence in the quality and delivery of the project.
The display suite provides purchasers with a clear, tangible representation of the proposed finishes, materials, and overall design intent for the apartments. By experiencing these elements firsthand, buyers are able to confidently understand the quality and aesthetic of the final product, removing the uncertainty often associated with off-the-plan purchases. This ensures decisions are made with clarity and assurance, as opposed to relying solely on plans, renders, or samples.
Why is buying off-the-plan at Derby No.32 a smart decision?
Purchasing off-the-plan provides several advantages, including the opportunity to secure today’s pricing while benefiting from future capital growth during the construction period.
Buyers may also be eligible for stamp duty savings, subject to government legislation and individual circumstances. In addition, purchasing early often provides the greatest opportunity to select preferred floorplans, aspects and interior finishes.
For many buyers, Derby No.32 represents an opportunity to secure a highly considered residence in one of Melbourne’s most desirable inner-city locations before completion.
How is my deposit protected?
Your deposit of 10% of the purchase price is held in the vendor’s solicitor’s secure trust account throughout the construction period. This is a legal requirement under Victorian property law and means the funds are completely protected, they cannot be accessed by the developer, drawn upon for construction costs, or put at risk in any way.
At settlement, the deposit is credited against the purchase price.
Are there stamp duty savings for buying off the plan?
Yes, significant stamp duty concessions are available for off-the-plan purchases in Victoria. These concessions are calculated on the value of the land component alone (rather than the completed building), which can result in substantial savings.
Importantly, the value of available off-the-plan stamp duty concessions generally reduces as construction progresses. Purchasers are encouraged to seek independent legal or financial advice to understand the concession applicable to their circumstances. This means buyers who move quickly benefit from the greatest savings. We strongly recommend speaking with a solicitor or conveyancer familiar with Victorian off-the-plan transactions to understand the exact concession applicable to your purchase.
Will I be kept informed during construction?
Yes. You will receive regular updates at all major construction milestones, including structural progress, services installation, and the approach to practical completion.
Our dedicated Settlement Manager, Jackie Zandveld, is available to answer questions at any stage of the construction process. You are welcome to reach out at any time.
Which warranties and guarantees come with the apartment?
Your apartment is protected by builder warranties under the Domestic Building Contracts Act, which require all builders and tradespeople to honour implied warranties relating to workmanship, materials, and fitness for purpose. These protections apply for a defined period after completion and provide meaningful recourse in the event of defects.
Additionally, all appliances and fixtures, including Gaggenau, Fisher and Paykel, Liebherr, and Brodware, carry their own individual manufacturer warranties.
Carpe Group also invites you to review testimonials from buyers of previous projects, which provide genuine insight into how any issues have been handled and what the post-settlement experience looks like.
Why buy a new apartment instead of an established apartment in Collingwood?
Purchasing a new residence at Derby No.32 offers the benefits of contemporary design, premium finishes, modern appliances and builder-backed warranties. Unlike an established apartment, buyers also have the opportunity to personalise aspects of their home through a curated selection of colours, finishes and materials by award-winning interior designer Edwina Glenn.
For many buyers, Derby No.32 combines the advantages of a brand-new home with the lifestyle, connectivity and long-term appeal of Collingwood, located just 3 kilometres from Melbourne CBD.
Who This Project Suits
Is Derby No.32 a good downsizer option?
Many downsizers are attracted to Derby No.32 because it offers the opportunity to maintain a premium lifestyle without the maintenance requirements of a traditional family home.
Residents can enjoy spacious interiors, high-quality finishes and a highly walkable location close to restaurants, cafés, parks, medical services and public transport. The boutique scale of the project also creates a more intimate and community-oriented living environment compared with larger apartment developments.
Is the project suitable for professionals or couples without children?
Absolutely. Derby No.32 has been designed for those seeking a connected inner-city lifestyle, making it particularly appealing to professionals, couples and downsizers. Located just 3 kilometres from Melbourne CBD, residents can enjoy easy access to work, dining, entertainment and public transport while living in the heart of Collingwood.
The boutique collection of 32 residences combines generous floorplans, premium design and a highly walkable location surrounded by cafés, restaurants, galleries and parks. For buyers seeking a sophisticated, low-maintenance home in one of Melbourne’s most vibrant neighbourhoods, Derby No.32 offers an exceptional lifestyle opportunity.
Why is Derby No.32 suitable for owner-occupiers?
Derby No.32 has been designed with owner-occupiers in mind.
The generous floorplans, premium material selections, flexible design options and boutique scale create a residential experience that differs significantly from many investor-driven apartment projects. The ability to personalise interior finishes further supports long-term living and allows residents to create a home that reflects their own tastes and lifestyle.
The focus on quality architecture, thoughtful design and enduring materials also contributes to long-term enjoyment and value retention.
The Owners Corporation rules do not permit properties to be used for short-stay accommodation.
Why are boutique apartment developments often highly sought after?
Boutique developments typically offer greater privacy, fewer residents, stronger community connections and a more exclusive living experience.
With just 32 residences, Derby No.32 provides a level of intimacy and individuality that is increasingly difficult to find in Melbourne’s apartment market. This exclusivity can contribute to ongoing buyer demand and long-term desirability.
Can I purchase an apartment as an investment?
Yes. While Derby No.32 has been thoughtfully designed with owner-occupiers in mind, investors are welcome to purchase within the development.
Located in the heart of Collingwood, just 3 kilometres from Melbourne CBD, Derby No.32 benefits from strong long-term demand drivers including excellent public transport, proximity to leading universities, a vibrant lifestyle precinct and limited supply of boutique, design-led residences. The project’s premium design credentials, desirable location and collection of just 32 residences make it an attractive opportunity for investors seeking a high-quality asset in one of Melbourne’s most sought-after inner-city suburbs.
Prospective investors are encouraged to seek independent financial and taxation advice to determine whether Derby No.32 aligns with their investment objectives.
Are pets allowed?
Yes. Derby No.32 is a pet-friendly development, allowing residents to enjoy apartment living with their pets, subject to the Owners Corporation rules and relevant approvals.
Collingwood is a highly walkable neighbourhood with access to nearby parks, open spaces and walking trails, including Yarra Bend Park and the Yarra River trail network, making it an excellent location for pet owners. The combination of thoughtfully designed residences, outdoor amenity and a vibrant community atmosphere contribute to Derby No.32’s appeal for both residents and their pets.
Practical and Financial
What is the deposit and when is it paid?
The deposit is 10% of the purchase price, payable within 7 days of contract signing. It is held in the vendor’s solicitor’s secure trust account throughout the construction period and credited against your purchase price at settlement.
The balance of the purchase price (90%) is payable at settlement.
What are the ongoing Owners Corporation (OC) fees?
Derby No.32 has been thoughtfully designed as a boutique collection of just 32 residences, with a focus on quality, liveability and long-term value. Rather than incorporating extensive facilities such as gyms, pools or concierge services, the development prioritises thoughtfully designed homes and carefully considered shared spaces.
This approach helps minimise the ongoing maintenance and operational costs typically associated with larger apartment developments and extensive resident amenities.
Specific Owners Corporation levy estimates and budget information will be provided as part of the contract documentation. Purchasers are encouraged to review these details with their solicitor or advisor to understand the ongoing costs associated with ownership at Derby No.32.
Why is Derby No.32 a strong long-term property investment?
Derby No.32 combines several characteristics often associated with long-term property performance, including a tightly held Collingwood location, proximity to Melbourne CBD, boutique scale, strong owner-occupier appeal and a respected project team.
With just 32 residences, premium design by Warren and Mahoney and interiors by Edwina Glenn, the project offers a level of exclusivity that is increasingly rare within Melbourne’s apartment market. Combined with Collingwood’s strong lifestyle appeal and limited supply of boutique residential developments, these factors contribute to Derby No.32’s long-term desirability and value retention potential.
How will Derby No.32 retain its appeal over time?
Every aspect of Derby No.32 has been designed with longevity in mind.
From the architecture and material selections to the flexibility of the interior design, the focus has been on creating homes that remain relevant for decades rather than following short-term trends. The boutique nature of the project, premium design team and sought-after Collingwood location all contribute to enduring appeal and long-term value.
The project’s emphasis on craftsmanship, individuality and quality ensures it will continue to stand apart within Melbourne’s apartment market.
© Carpe Group 2026 | Privacy Policy | Due Diligence
Designed by Studio White Noise
Developed by Equality Media
All renders are artist impressions