Taking a tour of the new LV Anura complex at Newstead. Photo: supplied/Mirvac
Brisbane’s first, and newly-open, build-to-rent apartment complex at Newstead is the first of three planned for the Olympic city.
Mirvac’s LIV Anura has 396 apartments, of which 99 will be available at reduced rates for renters working within 10km of the address.
The address is situated 1.5km from Brisbane’s CBD.
The new build features studios, one and two-bedroom apartments across two buildings, 3000 square metres of indoor and outdoor shared spaces and more than 1000sqm of boutique retail.
Onsite facilities include indoor and outdoor gyms, a pool, sauna and spa, co-working and meeting spaces, multiple communal lounge areas, pet retreat, private dining and chef’s kitchen, and a bush tucker garden.
Mirvac says the complex is all-electric with 100% renewable energy in common areas, smart meters and electric vehicles for residents to use.
PUBLIC-PRIVATE PARTNERSHIP
Treasurer and Home Ownership Minister David Janetzki claims the new building is another step to easing the city’s housing crisis.
“We’re firmly focused on unlocking new land for housing, boosting home ownership and easing pressure for renters,” he says.
And Janetzki says a public-private partnership is the way to go.
“The government recognises the majority of residential housing is delivered by the private sector; projects like this are a fantastic example of new ways we can partner to deliver high-quality new supply for Queensland.”
Housing Minister Sam O’Connor predicts the plan will increase housing supply and will help Queenslanders to eventually own a home.
Mirvac CEO and Managing Director Campbell Hanan says the project is already drawing interest.
“We are pleased to have already seen a strong response from potential customers,” he says.
“More Australians are renting, whether by choice or by necessity. (We) provide a genuine and new housing choice for renters, whether this be security of tenure while on the path to home ownership or flexibility for when life changes happen.”
- Build-to-rent projects are defined as large-scale residential developments, almost always high-rise blocks of apartments, where all the properties are owned and managed by a single entity.
- The apartments are to be rented out over mid to long-term periods with communal facilities.
- The Anura is part of a Build-to-Rent Pilot Program and is the first of three earmarked to provide more than 1200 new homes solely for renters.
