Sentinel Secures Approval for 240-Apartment Build-to-Rent Community in Bowden, Adelaide

Sentinel Build-to-Rent Bowden Adelaide
Share with your networks

Sentinel Fund Manager Australia, the local arm of the renowned American real estate investment management firm Sentinel Real Estate, has successfully obtained planning approval for a cutting-edge Build-to-Rent project in Adelaide’s inner-north of Bowden.

The approved venture, situated at Lot 53 on the prominent corner of Third and Gibson streets within Renewal SA’s Bowden precinct, is set to redefine rental living. This premium and sustainable rental community, encompassing 12 storeys and a mezzanine, will offer 240 apartments designed for renters. The unit options include studios, one-, two-, and three-bedroom layouts, catering to diverse household preferences.

^Sentinel Australia's Latest Build-to-Rent Project is Located in Bowden, Adelaide (Image: Sentinel)
^Sentinel Australia’s Latest Build-to-Rent Project is Located in Bowden, Adelaide (Image: Sentinel)

Sentinel Australia will not only oversee the development, but also manage it through its dedicated property management platform, Kinleaf. On-site professional management, leasing, and maintenance staff will be available to assist residents, ensuring a seamless rental experience.

Residents can anticipate a pet-friendly environment with an array of curated amenities, including a swimming pool, fitness centre, resident lounge, barbeque facilities, and two open green terraces at the podium level. The project aims to create a community atmosphere, fostering a vibrant and inclusive living space.

Adding to the vibrancy, the ground floor will feature activated retail spaces, including the Kinleaf management and leasing office, a business centre, Small Office Home Office spaces, and an additional commercial tenancy inviting expressions of interest from retailers.

Nick Champion, South Australia’s Minister for Housing and Urban Development, expressed his approval of the project, highlighting its significant impact on Adelaide’s housing landscape. He emphasized that the development will enrich the diversity of housing options in the city and serve as a catalyst for enhancing the lively urban village of Bowden.

“The build-to-rent asset class is a game changing for South Australia because it challenges the established tenant/landlord relationship giving power back to tenants – critical when rental vacancies at below 1 per cent,” Minister Champion said.

“The Bowden precinct is becoming an increasingly diverse and vibrant provider of housing options for South Australians looking for alternative and flexible housing options.”

^Nick Champion MP, SA's Minister for Housing and Urban Development (Image: UDIASA)
^Nick Champion MP, SA’s Minister for Housing and Urban Development (Image: UDIASA)

Aligned with Sentinel Australia’s forefront commitment to sustainability within its Build to Rent portfolio, the sanctioned project is set to pursue carbon-neutral certification. It aims to achieve a minimum 5-Star Green Star rating from the Green Building Council of Australia and an average 7.5-star NatHERS rating across the building upon completion.

To promote sustainable living, the Sentinel Build-to-Rent Bowden development incorporates several eco-friendly features. These include electric vehicle charging stations, ample internal and external bike parking facilities to encourage low-carbon transportation, energy-efficient appliance packages in all apartments, solar panels for common area energy supply, a recycled water system for garden bed irrigation, provision of multiple recycling streams to minimize waste, and a substantial amount of green landscaping throughout the development. This holistic approach underscores Sentinel Australia’s dedication to environmental responsibility and sets a high standard for sustainable living in the property development industry.

Sentinel’s Managing Director in Australia, Keith Lucas, commented on the group’s elation at the approval;

“We are pleased to receive development approval for what will be South Australia’s first purpose-built institutional Build to Rent community. Across our portfolio, our focus is on delivering high-quality and sustainable living outcomes for renters with well-designed apartments, access to range of amenities and dedicated leasing, management and maintenance teams on-site to provide residents with a more convenient and refined rental experience.”

“The development is designed to offer South Australians greater housing choice and to add to the vibrancy of the walkable and inviting Bowden Urban Village. We’re proud to be bringing the innovative housing model to Adelaide,”

Architecture firm Architectus has designed the BTR project on behalf of Sentinel, with Principal Oliver Mayger sharing his thoughts surrounding the projects vision;

“The ambition is to create a strong sense of place, with architecture and spaces that complement the character of the precinct while also adding new vibrancy to Bowden. We prioritised equitable amenities for residents, maximising apartment access to solar and natural light, reduced overshadowing to enhance views and improved connections to the adjacent park and pedestrian links. Our design scheme is responsive to the precinct’s evolving characteristics through form, scale and materiality.”

The Bowden precinct, South Australia’s inaugural high-density urban infill revitalization initiative by the government, is a transformative project located 2.5 kilometers from Adelaide’s CBD on a 16-hectare plot. Positioned as a model for urban renewal in the state, Bowden is evolving into a dynamic inner-city hub. Envisaged to accommodate over 3,000 new residents in the coming years, the precinct emphasizes safety, walkability, and the creation of a vibrant, diverse community.

Designed for pedestrian and bike-friendly living, Bowden incorporates green open spaces, parks, convenient access to public transport, and a range of essential and lifestyle amenities in close proximity. The overarching goal is to establish a sustainable, energy-efficient housing environment while fostering a strong sense of community within this urban neighborhood.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented. The Australian Development Review does not own the rights to the information included within this article, and furthermore, there is no infringement intended from the included text and images within.


Share with your networks

Leave a Reply

Your email address will not be published. Required fields are marked *