Nov 30, 2023 | , ,

Celsius Build to Rent and Build to Sell master planned community in Shenton Park is now out for public comment

Following over 12 months of extensive work with the State Design Review Panel our flagship master planned build to sell (BTS) and build to rent (BTR) development located on lots 35 and 36 within the award winning Montario Quarter, Shenton Park has been awarded design excellence and is now out for public comment as part of the development approval process.

Celsius’ commitment to creating a world class offering in an award winning precinct saw an expert team of consultants lead by Space Collective Architects designing the BTS development and Rothelowman designing the BTR development bringing national experience to this offering. URBIS the original planners engaged for the Montario Quarter precinct have led the planning and supported a raft of other expert disciplines that are required to achieve design excellence.

Montario Quarter provides the perfect near city location connected to public transport, daily amenity and large employment hubs including the Hospital precinct, UWA, Subiaco, West Perth and Perth CBD. Located just 3kms from Bold Park to the west and Kings Park to the east and 6kms from City Beach, the location provides endless natural amenity opportunities.

The development itself comprises a total of 298 dwellings and associated resident amenities, with externally facing retail and cafe tenancies to support the day to day needs of the wider Montario Quarter and local Shenton Park community.

Lot 35 comprises 72 spacious one, two, three and four bedroom homes that have been curated to appeal to the Owner Occupier. All 2, 3 and 4 bedroom homes will have 2 car bays and the development incorporates a residential amenity deck on level 3 including a swimming pool, residents lounge and BBQ area all orientated to take advantage of the Northern aspect and tree lined landscaped public parks.

Lot 36 comprises 226 studio, one, two and three bedroom apartments to be offered exclusively to tenants affording long term rental tenure and a unique community experience with significant amenity never seen before in a BTR offering in Perth.

Whilst master planned and connected by the central landscaped spine, the two developments will sit exclusively on their own titles and operate entirely independently of one another on completion.

Since January 2021 there has been a reduction of over 21,000 residential investment properties across Western Australia as thousands of Mum and Dad Investors take advantage of the increased values to exit the market. Invariably these homes have been sold to highly active Owner Occupiers displacing thousands of tenants and pushing up Perth rental values. Whilst East Coast Investors have been very active in the greenfield development space on the urban fringes, professional tenants looking to live close to the City have been starved of options. At the same time right sizers are desperate to move out of the no longer fit for purpose family home whilst staying in their local community in more appropriate housing. The build to sell development will be the most premium north orientated apartment development in the precinct.

Our present housing crisis requires an all hands on deck approach as industry works collaboratively with all levels of government to increase supply across the housing continuum.

More detailed information on the development application can be found here:

https://consultation.dplh.wa.gov.au/land-use-planning/lot-35-36-seymour-avenue-shenton-park/

It is important for key stakeholders to hear from all members of the community through these public consultation periods including those supportive of the development and you can complete your submission here:

https://consultation.dplh.wa.gov.au/land-use-planning/lot-35-36-seymour-avenue-shenton-park/consultation/intro/

As this will be my last monthly newsletter for 2023 I’d like to take a moment to wish you and your families a happy, healthy and relaxing break over the upcoming festive season.

All the very best,

Richard