The Queensland government’s first construction rental pilot project is looking for residents

The project is the first step in the government’s plan to deliver thousands of homes across the state.

The Queensland government has partnered with Mirvac, Mitsubishi Estate Asia and Clean Energy Finance to launch the first of three building rentals (BTR) pilot projects in Newstead, a downtown suburb just 1.5 km from the Brisbane CBD.

The BTR pilot program is part of the state’s housing program, which plans to offer one million new homes between 2044 and 2044.

The government’s BTR program was first announced in 2018 to increase the affordable rental housing supply by working with private developers to create new communities.

Governments provide rental subsidies, while private entities provide affordable rental housing in these developments. The first item of the program, called Liv Anura, is now completed.

Liv Anura is part of Mirvac’s BTR portfolio, which includes four other developments in Melbourne and Sydney. Image: realestate.com.au

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Liv Anura offers 396 homes and a mix of studio, one- and two-bedroom apartments in two buildings.

Qualified tenants within 10 km of the site are expected to offer 99 of these homes at reduced prices.

The new community is located within the established Newstead area of Mirvac, which also includes Quay Waterfront Newstead and Isle Waterfront Newstead (currently under construction).

Queensland’s treasurer and homeownership secretary David Janetzki described the BTR project as an important part of the state’s housing puzzle.

Mr Janetzki said: “The Crisafulli government recognizes that most housing is provided by the private sector, and such projects are a wonderful example of a new approach we can work together to provide high-quality new supply to Queensland.”

“Every Queensland should have a roof and we are firmly focused on unlocking new land for housing, increasing home ownership and reducing stress for renters.”

Liv Anura sits under Mirvac’s BTR portfolio, which has three projects in Melbourne and one in Sydney. Liv Anura is the developer’s first BTR project in Queensland.

BTR Community Convenience is known for providing residents with a variety of amenities in a development. Liv Anura has 3000 m2 of indoor and outdoor shared residential space, while over 1000 m2 of boutique retail on the ground.

Residential amenities include indoor and outdoor gyms, swimming pool, sauna and spa, co-working and meeting spaces, common seating areas, pet retreats, private dining and chef’s kitchen, and bush Tucker Gardens.

The development offers 396 homes, 99 of which are dedicated to affordable housing. Image: realestate.com.au

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Campbell Hanan, CEO and managing director of Mirvac Group, said the project solved housing supply issues.

Campbell Hanan, CEO and Managing Director of Mirvac Group, said: “Liv Anura is a great example of how governments and industries can work together to provide more diverse and accessible housing options.”

“Meeting the growing demand for different types of housing is critical to improving access to Queenslanders, and with the support of our community housing partner’s national affordable housing, we are helping more people find high-quality, safe rental housing.”

The remaining two BTR pilot projects are underway in Pier Street and Perseverance Valley in Brisbane.

The announcement comes after the NSW government announced Annandale, the woodworker, which offers 220 BTR homes for 577 apartments that offer 220 apartments for key workers including nurses, paramedics, teachers, police and firefighters.

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