ADCO has commenced construction on a 29-storey, build-to-rent development with Arklife in South Brisbane. The project is funded by Qualitas Group who is looking forward to seeing this new building come alive!
When complete, 17 Cordelia Street will have 265 residential units and an indoor gym. It’s also planned for there to be a roof-top pool with barbeque area as well! A private cinema is in store when this project moves forward too – what more could you ask of your home?
Architectural rendering of the new South Brisbane tower being constructed by ADCO.
ADCO’s new build-to-rent development will target a 5 Star Green Star Design and As-Built rating, an average NatHERS score of 7.5 stars as well as NABERS Energy for Apartments’ prestigious 5-Star energy rating!
ADCO CEO Neil Harding said that build-to-rent is gaining in popularity and provides tenants with a more cost-effective way to live”. The idea has grown into something of economic importance for Brisbane’s South Bank community, who are benefiting from the trendy style while paying less than they would at traditional property prices.