A 434 apartment BTR project in the heart of the Southbank precinct.
THE PROJECT AT A GLANCE
- Client
- Investa Property Group
- Project Value
- Confidential
- Location
- 132 Kavanagh St Southbank VIC
- Services
- Client Representation
- Completion
- 2024
Positioned in the new Southbank urban renewal zone, it seeks to deliver high-quality living amenities under Investa’s BTR brand ‘Indi’. It is one of a few properties that is being rolled out by Investa under the Indi brand.
Consisting of landscaped outdoor spaces, a pool, common areas with a driving range, dog run and wash, bike parking with a service station and charge points for e-bikes, this development seeks to set a benchmark in the BTR sector.
Combined with a business centre, and positioned close to the Southbank precinct, it will make for an affordable and enticing offer.
Essence has been appointed as client representative and to manage Investa’s interests and obligations within the agreement, as well as manage 3rd party peer review consultants.
THE PROJECT AT A GLANCE
- Client
- Investa Property Group
- Project Value
- Confidential
- Location
- 132 Kavanagh St Southbank VIC
- Services
- Client Representation
- Completion
- 2024
Complexities
- Management of costs/quality to meet the Investa brief through the design development and construction phases.
- Achieving the targeted ESD requirements without additional cost to the fund.
- Additional complexity associated with a fund through a structure.
Benefits Delivered
- Delivering the requirements of the asset manager through design.
- Understanding of design complexities to achieve ESD target.
- Implementation of systems, and protocols to protect the interest of Investa in a fund-through structure.
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