Inside Qld’s first build-to-rent tower

As a concept, built to rent is well established internationally but still finding a foothold in Australia, with an estimated 54 projects planned, under construction or completed, the majority of which are in Sydney and Melbourne.

After a redesign process sparked by the October government announcement, the Brunswick Street development will now include an additional 11 units — for a total of 323 — 33 fewer car parking spaces and a more than doubling of communal areas.

The tower will include 144 affordable apartments throughout the building with subsidised rent, expected to about 25 per cent, the documents show. Others are aimed at professionals looking for inner-city…