HS Optimus obtains approval for 14-storey student housing in Melbourne
The development will feature a total of 268 beds.
HS Optimus Holdings has obtained a planning permit for a 14-storey purpose-built student accommodation (PBSA) project in Carlton, Melbourne.
The company's subsidiary Ambertree Vic Mel (Lincoln) Pty Ltd, in partnership with Fathom Group, will manage the project.
The PBSA will be near the University of Melbourne and RMIT University, which have more than 143,000 students combined.
The project builds on HS Optimus’s property portfolio in Victoria, where it has operated since 2014.
HS Optimus and Fathom Group have appointed Jones Lang LaSalle (VIC) Pty Limited to manage local and international marketing for the PBSA.