Building solutions that underpin our social fabric.
Building on a commitment to revolutionise the landscape of student living, guests from Lachlan Avenue Development, Centurion Properties, Colliers, WT Partnerships, Urbis, Northrop, AJC, UOB, PGIM, BDO, the Property Council of Australia (PCA) and RCC celebrated a significant milestone with the sod turning of the new student accommodation facility at 17-21 Lachlan Avenue.
Torie Brown, Executive Director Student Accommodation at the PCA, emphasised the importance of addressing the burgeoning demand for purpose-built student accommodation. “It is vitally important that we grow student accommodation in Sydney to provide students with safe, custom living options that remove them from competing in the private rental market.”
The partnership between RCC, Lachlan Avenue Developments and Centurion Properties will create a well-connected living, learning and social environment. Located in close proximity to Macquarie University, which boasts a student population exceeding 44,000, 17-21 Lachlan Avenue Macquarie Park will cater to the needs of international students returning to the area.
Anthony Bolger, Director, Lachlan Avenue Development Pty Ltd, expressed, “This is an important project for Centurion Properties and one which we are delighted to be working together on with the team at Richard Crookes Constructions. With the benefit of our combined experience in PBSA delivery and operation, we are setting a new benchmark here in Macquarie Park for student accommodation in the Australian market.”
The project will deliver 732 beds – comprising student apartments and five-bed cluster units – in a stepped 10, 13 and 15 storey development. The buildings will also incorporate communal areas with amenities including dining areas, gym facilities, lounges, study rooms, courtyards and a roof terrace with swimming pool.
Since completing our first student accommodation project in 2011, we’ve delivered over 5,500 beds, with an additional 2,000 beds due for completion in 2024.
Construction of the new student accommodation facility is anticipated to be completed by late 2025, marking a significant step forward in meeting the evolving needs of students in Sydney.
