Sentinel acquires Gold Coast site for 300-apartment build-to-rent development

Sentinel Fund Manager Australia, the Australian arm of leading American development and real estate investment firm Sentinel Real Estate Corporation (Sentinel), has acquired a 1.4-hectare (3.45-acre) site for development in Robina on the Gold Coast.

Located at Lots 5-8 Stadium Drive, Sentinel plans to deliver and manage approximately 300 high-quality rental apartments on the site. The new apartment community will target carbon neutral certification and a 5-Star Green Star rating from the Green Building Council of Australia, in keeping with other developments Sentinel has completed in Australia.

This is Sentinel’s first development site purchased in Queensland and follows the successful completion and leasing of its first Australian build-to-rent apartment communities in Subiaco (Perth), Western Australia. It also follows the progression of construction on its 172-apartment build-to-rent community in West Melbourne, Victoria, which is due to reach completion in 2023.