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Friday, September 18, 2026
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HomeNewsConstruction & DevelopmentsGreystar’s The Gladastone BTR tops out

Greystar’s The Gladastone BTR tops out

The Gladstone is the state’s largest Build to Rent development and Greystar’s first Australian Build to Rent scheme to open.

Build to Rent developer and operator Greystar has celebrated the topping out of its South Melbourne development The Gladstone this week. The development will open to residents in September this year.

Located in Melbourne’s Fishermans Bend precinct, the $500m scheme includes three towers delivering 700 new residential apartments for 1,500 residents, from studios to family-size apartments. It offers 4,600 sqm of amenity space and 775 sqm of dedicated retail space.

The Gladstone topping out ceremony | Greystar | BTR News Australia
The Gladstone topping out ceremony.

Designed by Scott Carver architects, interior design partner Hecker Guthrie, and landscape architecture partner Arcadia, residential amenities at The Gladstone include co-working spaces, exercise classes, events and experiences, bookable private dining rooms, and concierge and on-site management and maintenance. The scheme is also pet-friendly and provides a variety of flexible leasing options.

“The Gladstone will be a wonderful contribution to the local community and provides a rare opportunity to live at the heart of one of Melbourne’s most historic and revitalised areas.”

Adam Pillay, Executive Director – APAC, Greystar
Greystar investment management executive director Adam Pillay, development senior director Sean Ryan, Victorian planning minister Sonya Kilkenny and City of Port Phillip mayor Heather Cunsolo at the topping out ceremony - The Gladstone | BTR News Australia
Greystar investment management executive director Adam Pillay, development senior director Sean Ryan, Victorian planning minister Sonya Kilkenny and City of Port Phillip mayor Heather Cunsolo at the topping out ceremony.

Fishermans Bend is Australia’s largest urban renewal precinct and is set to be home to approximately 80,000 residents and 80,000 employment opportunities by 2050.

“We need more homes where people want to live – Greystar’s development does just that – offering rental homes close to transport, schools, parks and of course the iconic Yarra River.”

Sonya Kilkenny, Minister for Planning, Victoria
Bea Patel
Bea Patel
Bea is Co-founder and Editor at BTR News Australia, BTR News and PBSA News - and has many years of experience in the media industry, with a specific focus on the property industry.

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