The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
LESS THAN 30 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
4 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
Build-to-RentVanessa CrollSun 01 Dec 24

Flood-Resilient BtR Approved for NSW’s Lismore

Landcom Btr Lismore EDM

A $30-million build-to-rent housing project aimed at helping housing shortages and improve climate resilience in a northern NSW city ravaged by disastrous flooding has been greenlit.

The development at 138-146 Military Road, East Lismore has been approved by the Northern Regional Planning Panel and will comprise 50 residential units.

Twenty per cent has been allocated for affordable housing to support low to moderate-income households.

The plan addresses housing challenges from the 2022 floods, which devastated Lismore, claimed five lives and left thousands of homes uninhabitable.

Proposed by government developer Landcom on land owned by Southern Cross University, the development will comprise two residential buildings, one of three storeys and the other four storeys including a ground-floor car park.

It will also include 51 car parking spaces, bike racks and a communal room and will feature upgraded stormwater and road infrastructure.

The Council Assessment Report said there would be “impacts, both positive and negative, if the proposed building is approved”.

null
▲ A render of the build-to-rent project approved for Lismore.

It said, however, the negatives, such as “increased density housing, with increased population, in an area of predominantly single dwellings and increased traffic for residents in the immediate vicinity”, were minor while the “positive benefits for the Lismore LGA outweigh the minor negative impacts, mainly in providing much-needed housing”.

Aboriginal cultural heritage was considered during the assessment process.

One archaeological site, Crawford Road AFT 1, was identified within the study area. The council said it “should be avoided by all pre-construction and construction activities” unless additional consultation and mitigation measures are undertaken.

Debris lines the streets of Lismore's CBD after the 2022 floods, the worst on record.
▲ Debris lining the streets of Lismore's CBD after the 2022 floods.


Fig trees on the site were recognised as potentially holding cultural significance for the local First Nations community, with an Aboriginal cultural values assessment recommended to ensure compliance with heritage protection legislation.

The Northern Regional Planning Panel said the project’s location was above the probable maximum flood level.

Road improvements will also form part of the development, including widening Military Road to 13m, and upgrading kerb and guttering to enhance safety and stormwater management.

The approved development is in East Lismore’s “established urban area” near the Southern Cross University Lismore campus and the Wyrallah Road Shopping Centre.

Construction is expected to begin in 2025 ahead of residents moving in by 2026.

Also in regional NSW, Landcom is advancing plans for a $30-million build-to-rent development at Bomaderry, south of Sydney.

The project would deliver 60 apartments, an increase from its originally proposed 50, with at least 20 per cent allocated for affordable housing to support essential workers and low to moderate-income households.

Build-to-RentAffordable & Social HousingNew South WalesApprovedProject
AUTHOR
Vanessa Croll
The Urban Developer - Journalist
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
View All >
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
Deicorp Five Dock Mixed-Use Precinct
Residential

Deicorp’s $1.8bn Inner-West Sydney Precinct Greenlit

Vanessa Croll
The City of Melbourne has opted to keep Greenline in the 2025-26 Budget.
Policy

Melbourne Budget Puts Paid to Greenline Future Fears

Marisa Wikramanayake
The Melbourne riverfront scheme has won funding for its next three stages—but the State must come to the party...
LATEST
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
3 Min
Deicorp Five Dock Mixed-Use Precinct
Residential

Deicorp’s $1.8bn Inner-West Sydney Precinct Greenlit

Vanessa Croll
3 Min
The City of Melbourne has opted to keep Greenline in the 2025-26 Budget.
Policy

Melbourne Budget Puts Paid to Greenline Future Fears

Marisa Wikramanayake
4 Min
Markets

Private Credit’s Biggest Risk in Expansion: Sameer Chopra

Taryn Paris
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/landcom-build-to-rent-btr-approved-lismore-nsw