Sentinel has acquired a 1.4-hectare site for development on the Gold Coast in Queensland, Australia. Located at Lots 5-8 Stadium Drive in Robina, Sentinel plans to deliver and manage approximately 300 Build to Rent apartments on the site.
The new apartment community will target carbon neutral certification and a 5-Star Green Star rating from the Green Building Council of Australia, in keeping with other developments Sentinel has completed to date in the country.
This is Sentinel’s first development site purchased in Queensland. The site, located in Robina’s Stadium Village Precinct, is in walking distance from key amenities and infrastructure, including Robina Town Centre, Robina Train Station (with direct trains to Brisbane Airport), Cbus Super Stadium, Robina Hospital, and the wider Robina Health Precinct.
It is also close to the planned Robina City Parklands, the first stage of the Gold Coast City Council’s proposed Greenheart Parklands, which is expected to deliver a range of new amenities for the local community. Bond University’s expanding Health and Sport campus, a new TAFE campus, several golf courses and links to the M1 Pacific Motorway are also nearby.
This acquisition follows the completion and leasing of Element 27, Sentinel’s first Australian Build to Rent scheme in Subiaco (Perth), Western Australia, which launched with an outdoor event. It also follows construction on its 172-apartment Build To Rent community, The Briscoe in West Melbourne, Victoria, which topped out in September 2022 and is due to reach practical completion this year.
“After bringing our premium and sustainable Build to Rent communities to Western Australia and Victoria, we’re excited to expand our footprint to the Sunshine State.
“We’re committed to delivering sustainable and high-quality living environments that provide renters with a refined rental experience and offer Queenslanders greater housing choices. This is especially important as rental vacancy rates in Queensland continue to tighten and areas like Robina expect to see a significant boom in population and jobs growth over the next decade.”
Keith Lucas, Managing Director, Sentinel (Australia)
Robina is a 20-minute drive from some of the Gold Coast’s popular beaches and a 15-minute drive from the Gold Coast International Airport. It is also the confirmed location for the Gold Coast Olympic and Paralympic Village for the 2032 Brisbane Olympic Games – and is ranked among the Gold Coast’s fastest-growing suburbs, with its population and workforce expected to more than double by 2050. According to the Australian Bureau of Statistics (ABS), South East Queensland is the third largest urban region in Australia and accounts for almost 90% of Queensland’s total population growth.
