Local Residential has secured a partnership with developer MONNO to deliver a $350-million build-to-rent tower in Melbourne’s Docklands, marking one of the first major metropolitan construction commencements for 2025.
The 32-storey development at 111 Lorimer Street will comprise 391 apartments and is scheduled for completion in late 2027.
The Docklands site is near the future University of Melbourne Fishermans Bend campus, the Yarra River and South Wharf transport connections.
TUD+ Member Only Content
Sign in to your TUD+ Account or join 50,000 property professionals who stay up to date with our newsletters and market trends with Australia's most trusted property journalists.