The project marks the launch of
Since 2019
QuadReal will bring its extensive experience in managing and developing a global portfolio of 60,000 residential units to the partnership, investing side by side with
Set to provide residents a high-quality, long-term alternative to the traditional apartment rental market, the purpose-built development will provide 443 build-to-rent residences in a mix of studio, one, two and three bedroom apartments over 37 levels.
Residents will have access to premium amenities and communal spaces which will include a 25m lap pool with beach edge, podcast / music recording studios, BBQ pavilion, fully equipped gym, co-working facilities, outdoor spa retreat, dog wash facilities, yoga room, resident lounges and much more. Located close to major transport links, the development will also provide dedicated on-site service teams for residents with a 24-hour first class concierge service.
The building will be fully electric and target a 5 Star Green Star Buildings Version 1 rating. Construction is due to commence in early 2023 and residents can take occupancy in late 2025.
Quotes attributable to
'We see enormous potential in the emerging build-to-rent sector in
'In the Australian market we believe there's strong demand for long-term, premium rentals in quality locations. Our partnership with QuadReal will bring the best of our shared global experience and capability to deliver one of the finest examples in
Quotes attributable to
'The residential build-to-rent sector has been one of QuadReal's strongest global convictions for some time now given its resiliency through economic cycles and the community benefit of the commitment to increase the places for people to live.
'We are excited to be investing in our first build-to-rent project in
Contact:
Tel: +61 428 483 828
Email: tessie.vanderwert@lendlease.com
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