Pellicano Bolsters Build to Rent Pipeline with 410 New Residences

Diversified developer Pellicano has boosted its $1 billion build-to-rent pipeline, submitting plans for 410 new residences across three projects in Victoria and Queensland, all to be managed under the Pellicano Living banner.

Fieldworks House

Fieldworks House is set to become the final piece of the already-established retail and commercial hub, The Links in Oakleigh South, Victoria.

Marking the first true build-to-rent project in the area, the offering will be comprised of 172 one and two-bedroom residences across an eight-level, L-shaped building. Its name pays homage to the industrial history of the area.

Pellicano Living members living at Fieldworks House will have access to recreation spaces and wellness facilities, a rooftop terrace with yoga lawn and barbecue areas, and a communal podium level including a multi-use conservatory. It will also feature 217sqm of co-working space, in response to the increased demand for flexible work-from-home amenities.

The residences will be complemented by a 1,712sqm supermarket, on-site café, multiple retail tenancies and hospitality venues. Existing anchor tenants in the precinct include Woolworths, Snap Fitness, Bunnings, Australia Post, Kaizen Clinics and Chemist Warehouse.

Story House

Story House will be made up of 86 one and two-bedroom apartments over eight levels at Kangaroo Point in Queensland.

Its Pellicano Living members will benefit from a rooftop pool, yoga lawn and a lounge, on the doorstep of the bustling lifestyle precinct of Woolloongabba and The Gabba.

The project takes its name from the Story Bridge that connects Kangaroo Point and Fortitude Valley/Brisbane.

Hillyard House

Earlier this month, Pellicano also announced Hillyard House at Stage 7 of South City Square in Woolloongabba, Queensland. The project will be made up of 152 one, two and three-bedroom apartments, 254sqm of ground-floor retail and 187sqm of all-day dining.

This latest stage in the $700mil mixed-use precinct will add 15 levels, a rooftop pool, yoga lawn and lounge, as well as “The Secret Garden” – a unique green space designed in collaboration with renowned international studio Oculus, which will extend from the central square.

The project was named after Hillyard’s Shop House, a heritage-listed general store built in 1865 and remodelled in the 1920s.

Pellicano is currently 20 per cent of the way through its build-to-rent pipeline with approximately 400 apartments currently under construction across 4 projects in Victoria and QLD. The first of these to finish will be Stanley House at South City Square in Woolloongabba, where construction of the 170 apartments is due for completion in April next year.

The latest plans emphasise Pellicano’s goal of delivering well-located residences in popular lifestyle locales, says managing director Nando Pellicano.

“ At each site we like to ensure access to premium lifestyle amenities – whether it’s The Secret Garden at South City Square or the multitude of retail options at The Links, we create residences that cater to the needs of families, young couples and first-time renters,” he said.

As build-to-rent continues to soar in popularity across the development spectrum, architecture is evolving to cater to rental-focused lifestyles, says i2C managing director Brian Jende – whose team is leading the design on Fieldworks House in Oakleigh South.

“ We’ve worked across two dozen build-to-rent projects at various stages in the last twelve months, and the design certainly shifts to cater to a broader spectrum of residents; in particular the prioritising of retail, amenity and essential services, all of which are easily accessible at Fieldworks House.

“ We have celebrated the industrial history of Fieldworks House – residents can look forward to a range of shared amenities including a residents’ lounge, indoor recreational spaces, a large private dining room, rooftop barbecue and relaxation areas, and a large co-working facility.

“ In addition, there is an 1800sqm podium level that will provide a range of outdoor spaces curated to form the residents’ own urban parkland, featuring communal gardening facilities and large grassed areas for activities – all intended to provide a green oasis that complements the modern vertical-living community,” he said.