April 11, 2025

402 Macaulay Road Tops Out, Bringing Rental Homes Closer

20250327 ASSEMBLE 402 Macaulay Road Top Out Milestone Dijana Risteska FINAL 0141

We’re pleased to share that our 402 Macaulay Road, Kensington project has officially topped out —marking a major construction milestone for Assemble’s first Build-to-Rent project.

Whilst construction commenced in late 2023, it has recently been award funding by Housing Australia under its Housing Australia Future Fund Facility which enables us to increase the number of social and affordable homes we are delivering.

Celebrating alongside project partners on the rooftop of the north-western building, Managing Director Kris Daff acknowledged the collaboration that brought the project to this point: topping out at 402 Macaulay Road marks a proud moment, driven by the strength of our partnerships across the public and private sectors.”

“402 Macaulay Road is proof of what’s possible when impact-driven investors, government, and community housing providers come together to create homes that work better for people and meet their housing needs.”

Thank you to all our project partners for working towards this milestone including HESTA, ANZ, Treasury Corporation of Victoria, Housing Choices Australia, Aboriginal Housing Victoria, and builder partner Hacer Group.