50 Queens Road is Barings' first acquisition in Victoria for a BTR development.
THE PROJECT AT A GLANCE
- Client
- Barings
- Project Value
- Confidential
- Location
- 50 Queens Road, Melbourne VIC
- Services
- Project Management, Superintendency
- Completion
- 2026
50 Queens Rd is a mid-rise build-to-rent development with a mix of 1, 2 and 3-bedroom apartments totaling circa 354 dwellings with dedicated amenities and outdoor green open space for residents.
It will have three levels of basement car parking providing 509 car spaces. The development is within walking distance to trams along St Kilda Road.
Renowned architects Bates Smart will be leading the team of consultants.
The development aims to achieve significant ESG targets.
Our role
Essence has been appointed as the project manager from commencement to completion.
THE PROJECT AT A GLANCE
- Client
- Barings
- Project Value
- Confidential
- Location
- 50 Queens Road, Melbourne VIC
- Services
- Project Management, Superintendency
- Completion
- 2026
Complexities
- Planning – 40m height restriction
- Managing impacts from groundwater and building below the water table
- Targeted ESD requirements while considering other building adaptability designs for Covid-19
Benefits Delivered
- Understanding the requirements from an asset portfolio manager perspective