Developer Mirvac has opened its LIV Albert Build to Rent scheme in Melbourne’s Brunswick. It has been delivered through Mirvac’s $1.8bn Build to Rent venture with Mitsubishi Estate Asia Pte. Ltd (MEA) and the Clean Energy Finance Corporation (CEFC).
LIV Albert comprises 498 homes and has achieved an average 8.2-star Nationwide House Energy Rating Scheme (NatHERS) certification – the highest of any Mirvac apartment building to date.
The certification helps residents substantially save on electricity bills, with annual energy bill savings for a two-bedroom apartment of up to $700.
The all-electric scheme is fossil fuel free, with access to 100% renewable electricity via an embedded network. Energy efficient appliances, induction cooktops, double glazed windows, solar panels and rainwater harvesting further reduce the environmental footprint.
“The CEFC is pleased to have worked with Mirvac to deliver LIV Albert, the latest asset in its ambitious Build to Rent strategy that sets a new benchmark for sustainability by providing high-quality living solutions to families and tenants.
“By delivering zero-carbon ready buildings, we are helping to decarbonise the residential sector while creating future-ready environments for communities to thrive.”
Michael Di Russo, Head of Property, Clean Energy Finance Corporation (CEFC)
LIV Albert includes 15 affordable housing apartments, offered at a 30% discount to market rents and supported by community housing provider National Affordable Housing (NAH).
The 2,400 sqm of amenities include a gym, media room, co-working areas, private dining rooms, multi-function spaces, a courtyard, a maker’s workshop and a communal vegetable garden.
Designed by Fieldwork and Breathe and built by Mirvac Constructions, the distinctive campus-style development is connected by public spaces and landscaping. Two new laneways link the community directly to Clifton Park, while a landscaped space at the northern end of the site offers seating, BBQ facilities and nature play for locals.
“Mirvac has been a pioneer in the Build to Rent sector, and it has been our ambition to deliver high-quality rental housing that is also environmentally responsible. We are targeting a 5 Star Green Star Buildings rating and every element from the materials we use to the renewable energy supply, has been carefully considered to minimise environmental impact while maximising liveability for our residents.
“LIV Mirvac is the first in Australia to operate Build to Rent properties across New South Wales, Victoria and Queensland, demonstrating our market-leading position and ability to deliver.
“This year alone we have completed more than 890 build to rent apartments including LIV Albert, which is the product of our learnings from more than five years’ operating these communities and listening to our customers.”
Campbell Hanan, Group CEO and Managing Director, Mirvac
With a target 5 Star Green Star Buildings rating and a strong wellbeing focus, LIV Albert’s parkland setting and thoughtful design creates a welcoming environment for residents and their pets.
The scheme also supports green travel, with extensive bicycle storage (including cargo bike spaces) and seamless access to Brunswick Station, tram and bus routes. Sydney Road’s cafés, restaurants and shops are just minutes away, all whilst being directly surrounded by 20-hetares of green open space within Clifton and Gilpin Parks.
LIV Albert is the latest addition to Mirvac’s national LIV portfolio, joining LIV Indigo in Sydney, LIV Munro and LIV Aston in Melbourne, and LIV Anura in Brisbane. Mirvac also has more Build to Rent developments in the pipeline.
