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Two Build to Rent projects will progress in inner-Brisbane creating affordable housing choices close to employment, transport and services. The projects involve Frasers and Mirvac in a partnership with the Queensland State Government. Build to rent models respond to the growing number of people who rely on housing in the private rental market. Build to rent is structured to involve institutional investors ensuring that people are less vulnerable to changes in ownership therefore experiencing greater security of tenure.
The projects will result in 750 dwellings including 240 with discounted market rent to support access to affordable housing.
There is more information here: https://statements.qld.gov.au/statements/90966