Mirvac opens new build-to-rent project

Developer Mirvac has unveiled its second build-to-rent project in Melbourne, LIV Aston, celebrating the milestone with an official opening ceremony on August 26.

Minister for Planning Sonya Kilkenny and Lord Mayor Nick Reece helped cut the ribbon on the new 474-apartment project, with Mirvac having already leased 70 of the renter-only dwellings.

Located at the corner of Spencer and Flinders streets, LIV Aston is the first operational building within a new mixed-use precinct being delivered by Mirvac at North Wharf, bringing together BTR apartments, a new office building, retail and shared spaces.

Mirvac’s BTR sector lead Angela Buckley said the need for more variety in housing formats to be delivered across the housing continuum had never been more important.

Delivering housing supply that meets demand requirements and household accommodation preferences is key to improving affordability in our capital cities.

Minister for Planning said Melbourne was “the undisputed build-to-rent capital of Australia thanks to our leading reforms.”

“We’ll continue to pull every lever we can to enable 800,000 homes of all kinds to be built over the next decade,” Minister Kilkenny said.