A 434-apartment Build-to-Rent (BTR) development within the Southbank urban renewal zone.
THE PROJECT AT A GLANCE
- Client
- Investa Property Group
- Project Value
- $140m
- Location
- 132 Kavanagh St Southbank VIC
- Services
- Client Representation
- Completion
- 2025
Under Investa’s ‘Indi’ brand, it will offer high-quality living amenities, including landscaped outdoor spaces, a pool, driving range, dog facilities, bike service points, and a business centre, setting a new BTR benchmark.
The project aims to deliver a flagship Indi BTR property, focusing on premium amenities and affordability. Key objectives include meeting Investa’s obligations under the fund-through delivery structure, achieving high-quality standards, and positioning the development as a leader in the Southbank urban renewal zone.
Essence has been appointed as the client representative, managing Investa’s interests and obligations within the agreement. Services include oversight of third-party peer review consultants and ensuring seamless coordination between stakeholders to align with the project’s vision and goals.
THE PROJECT AT A GLANCE
- Client
- Investa Property Group
- Project Value
- $140m
- Location
- 132 Kavanagh St Southbank VIC
- Services
- Client Representation
- Completion
- 2025
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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