A 15-storey build-to-rent development in Westmead.
THE PROJECT AT A GLANCE
Client
Charter Hall
Project Value
$125m+
Location
1 Farmhouse Lane, Westmead
Services
Project Management
Completion
TBC

The iQ Stage 3 Westmead project is a 15-storey build-to-rent development at 1 Farmhouse Lane, Westmead. The development includes 244 residential dwellings, retail spaces, communal amenities, and two basement levels. This project focuses on delivering high-quality, sustainable residential options integrated with extensive public and green spaces.

The main objectives include delivering a high-quality, sustainable residential building with a focus on community and amenity. Key milestones involve timely completion of construction, achieving high environmental standards, and meeting Charter Hall’s expectations for design, budget, and occupancy rates.

Essence provided comprehensive project management services, including coordination of design teams, managing approvals, overseeing construction, and ensuring the project met milestones. We also coordinated public domain works and infrastructure enhancements, ensuring the project stayed within budget and adhered to timelines.

THE PROJECT AT A GLANCE
Client
Charter Hall
Project Value
$125m+
Location
1 Farmhouse Lane, Westmead
Services
Project Management
Completion
TBC
Complexities
  • Change of previous consent use to residential
  • Tight budgetary constraints
  • First BTR project for Charter Hall client
Benefits Delivered
  • Increased development yield from 211 to 244 units within same GFA cap
  • Reduced building height without yield loss
  • Improved efficiency in product definition