Build to Rent developer and operator Greystar’s The Gladstone has been shortlisted in the ‘Best Residential Development’ category at the 2026 Property Council of Australia Innovation and Excellence Awards.
The shortlist celebrates developments that make a meaningful contribution to Australia’s residential sector, from design quality and liveability to community, amenity and long-term value.
For The Gladstone, this recognition speaks to the strength of a Build to Rent model shaped around resident experience, urban renewal and connection to place within South Melbourne’s Montague Precinct.
“Congratulations to Greystar (International) and the broader project team on this achievement.”
Statement, Studio SC
Designed by Studio SC, the development comprises 700 studios, one-, two-, and three-bedroom Build to Rent apartments spread across three striking towers.
Amenities include gyms, cinemas, music rooms, and pocket parks. The activation of ground-level spaces with retail and co-working hubs aims to foster a community-centred environment for residents and visitors alike.
Located within Fishermans Bend in South Melbourne, the scheme blends historical heritage with contemporary innovation forming a community focused design.
The development has also been built following sustainability guidelines, boasting a 6-star acoustic rating and a 5-star Green Star rating, with all apartments and amenities powered by 100% offsite renewable energy. Other sustainability features incorporate biophilic design elements, including landscaped podium rooftops and green walls. These have been designed to improve air quality and wellbeing.
