Sentinel progresses construction of its Build to Rent development at 164–168 Roden Street in West Melbourne. The 172-apartment project, designed by renowned Melbourne architects Rothelowman, is being delivered by Crema Constructions. Foundation works have completed as the new structure rises within the historic heritage façade.
As the Build to Rent sector grows in Australia, this is Sentinel’s first Build to Rent project in Victoria, following the success of its Element 27 property in Perth. Completed in 2019, Element 27 – which launched with an outdoor event – is Australia’s first purpose-built Build to Rent development. Phase 1 is 100 per cent occupied, while Phase 2 has recently begun offering units at a time when Perth is considered to be seeing a shortage in quality housing options.
Since 2011, Sentinel Real Estate Corporation has been investigating the apartment rental market and laying the foundations for the launch of its Build to Rent model for residential communities in Australia.
