Quality design will be crucial to achieving top rents for upscale build-to-rent residential developments as more properties are built and competition for tenants intensifies, according to one of Coronation Property's key design partners, architecture studio Woods Bagot.
There are an estimated all-time high 20,000 BTR units in Australia’s three-year pipeline and developers are piling into the sector, viewing it as a long-term alternative to the weaker build-to-sell market where pre-sales are tough and finance prohibitively expensive.
The practice also designed two BTR towers at Coronation Property’s Mason & Main development in Merrylands, a five-building development now under construction (pictured above).
