50 Queens Road is Barings Real Estate's inaugural Build-to-Rent (BTR) development in Victoria.
THE PROJECT AT A GLANCE
- Client
- Barings Real Estate
- Project Value
- $205m
- Location
- 50 Queens Road, Melbourne VIC
- Services
- Project Management, Superintendency
- Completion
- 2026
50 Queens Road offers 354 apartments across a mix of 1, 2, and 3-bedroom configurations. Designed by Bates Smart, the mid-rise project features dedicated amenities, green open spaces, and discounted rents for key workers, promoting inclusivity and sustainability.
The project seeks to deliver a high-quality BTR development that supports ESG targets, including housing affordability for key workers. Key objectives include creating vibrant residential spaces, integrating sustainable practices, and achieving seamless access to nearby transport links and community amenities.
Essence has been appointed to manage the project from commencement to completion. Responsibilities include coordinating design and delivery, ensuring ESG objectives are met, and overseeing stakeholder and consultant engagement to realize Barings’ vision for this landmark BTR development.
THE PROJECT AT A GLANCE
- Client
- Barings Real Estate
- Project Value
- $205m
- 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
- Flexibility to convert in the future to sell units
Benefits Delivered
- Understanding the requirements from an asset portfolio manager perspective
MORE PROJECTS LIKE THIS
