We are proud to complete construction at 15 Thompson Street in Kensington and are excited to move our first residents in. 15 Thompson Street marks the completion of the first build-to-rent-to-own (BTRTO) project backed by an Australian superannuation fund, AustralianSuper.
The project offers residents safety, security and certainty as part of our innovative purchase pathway, supporting them to achieve home ownership despite a challenging housing market.
Residents are now moving in with the purchase pathway which sets purchase and rental pricing for the first five years – giving residents the space and time they need to save. Throughout the pathway, they are offered optional money coaching support to help them to save a deposit for their homes.
With AustralianSuper’s support, we are working to bring our unique housing model to more communities, providing more Australians with an alternate pathway to home ownership, and offering them stability and financial surety in a fluctuating housing market.
Managing Director Kris Daff
With 199 completed apartments, 15 Thompson St, Kensington, provides high-quality, environmentally sustainable homes with generous shared spaces including a rooftop vegetable and herb garden, chicken coup, futsal/basketball court, wood-fire pizza oven and outdoor kitchen, and dog run. The building also offers a fully furnished bookable guesthouse for residents’ guests.
AustralianSuper has made a nearly $500 million equity commitment to Assemble BTRTO projects, with the expectation to deliver more than 1,400 homes by 2027. AustralianSuper Chief Executive Paul Schroder said, “AustralianSuper is proud to partner with Assemble in this unique housing model."
We welcomed Victorian Premier Jacinta Allan, Minister for Development Victoria Colin Brooks, AustralianSuper CEO Paul Schroder and Northern Metropolitan Region Member Sheena Watt MP to tour our newly completed 15 Thompson Street in Kensington.
Photographs by Dijana Risteska
We welcomed Victorian Premier Jacinta Allan, Minister for Development Victoria Colin Brooks, AustralianSuper CEO Paul Schroder and Northern Metropolitan Region Member Sheena Watt MP to tour our newly completed 15 Thompson Street in Kensington.
Photographs by Dijana Risteska
As a signatory to the Housing Accord, we are committed to finding scalable solutions that deliver strong long-term returns for members while also responding to the biggest driver of the current housing crisis – supply."
AustralianSuper Chief Executive Paul Schroder
Construction on a second BTRTO development in Melbourne’s Brunswick is underway. Further projects in Brunswick, Coburg and Footscray are also in the pipeline. Additional interstate opportunities are being considered to give more Australians access to this innovative housing solution.
Thank you to our team and all partners involved in bringing 15 Thompson Street to life including ANZ, architects Hayball, landscape architects OCULUS, and our construction partner Hacer Group.
