East Lismore

The site we have secured in East Lismore is zoned for residential use. We plan to deliver around 50 build-to-rent apartments, including at least 20% affordable rental housing, in low-rise buildings. 

The project will demonstrate best practice design and sustainability, and help to provide greater housing choice, affordability and security to address local need.

Subject to approvals, we are hoping to begin construction in 2025, with keys in doors for tenants by 2026. The rental housing will be managed by a government agency or community housing provider. 

We will keep the community and stakeholders informed throughout the planning process.

Build-to-rent is purpose-built housing designed for rent, rather than sale. It is designed and built specifically for long-term renters to provide secure housing, typically in the form of apartments.

In Australia, build-to-rent is predominantly owned, managed and operated by institutional investors as long-term assets, with revenue generated through the lease of the dwellings over time.

Around 40% of local households that are renting are experiencing rental stress, with many hard-working people struggling to make ends meet because of rising rents, squeezed incomes and limited availability of homes.

Part of the challenge is that almost one-third of local households are made up of only one person, yet there are very few one-bedroom homes available for rent.

The project will deliver a mix of apartment sizes to suit the needs, lifestyles and budgets of different local households looking to rent.

The build-to-rent properties and tenancies at our East Lismore project will be managed by a government agency or community housing provider. Details will be made available closer to project completion.  

We want to demonstrate best practice design and sustainability. 

We are in the early stages of project planning and working with a range of technical specialists to understand opportunities and constraints for future development. 

We will consult with Lismore City Council and other government agencies to minimise impacts upon existing local roads, other infrastructure, services and the surrounding neighbourhood. 

We will keep the community and stakeholders informed throughout the planning process.

A range of technical specialists will complete assessments to help us understand site constraints and opportunities, and to inform our planning. 

Throughout project planning, the technical studies will cover:

• Site access, traffic and parking management 
• Housing needs analysis 
• Social infrastructure and needs analysis
• Neighbourhood character
• Heritage
• Aboriginal cultural heritage
• Urban design
• Landscape design
• Civil engineering
• Environmental assessments to help understand and manage potential development impacts relating to ground conditions, stormwater overflow and flooding. 

With critical need for more housing in the Lismore area, we are working to deliver the build-to-rent project as efficiently as we can. We will undertake targeted engagement with key community stakeholders and the wider community will have the opportunity to provide feedback about our project when our development application is publicly exhibited by Lismore City Council.

We are in the early stages of project planning and are working with a range of technical specialists to understand the site’s opportunities and constraints to support well-designed development. We will also consult with Council and other government agencies to minimise impacts upon existing local roads, other infrastructure, services and the surrounding neighbourhood.

We will keep the community and stakeholders informed throughout the planning process. 

Subject to approvals, we are hoping to begin construction in 2025, with keys in doors for tenants by 2026. 

We will work with contractors to minimise potential construction impacts such as dust, noise and access.

We will keep the community informed with timely updates about any temporary impacts as a result of construction.