Coliving

Locations

Fortitude Valley QLD
Parramatta NSW

Status

DA / Construction

Collaborators

BayleyWard
Akin Atelier

As the Australian property landscape continues to evolve at pace, new and innovative modes of accommodation that respond to the challenges of today’s market are becoming increasingly relevant. Point Capital is at the forefront of a new genre of accommodation that prioritises convenience and amenity over traditional ownership and rental models. Backed by leading global asset manager PGIM, Point Capital has successfully established a fund that will build, own and operate a portfolio of Coliving assets located in key locations across the eastern seaboard  of Australia.

As investment and development manager, Point Capital oversee all aspects of bringing this exceptional project to market. The inaugural property is projected to open early 2026 in Fortitude Valley and will be closely followed by a second property in Parramatta. Each of the properties will be in excess of 300 keys and provide residents with a level of amenity and convenience unseen in Australia to date.

7 Macquarie Street, Parramatta will leverage Point Capital’s proven modular and procurement capabilities to deliver 300+ keys alongside generous social hubs, workspaces and a curated hospitality offer. Residents will be afforded an unprecedented level of convenience, amenity and flexibility.

458 Wickham Street in Fortitude Valley is set to begin construction in early 2025 and will comprise of 415 keys with multiple interior scheme options developed by renowned design firm Akin Atelier. At the heart of the property is a generous terrace supported by a curated hospitality offering. Residents will also enjoy a range of public and private social zones, workspaces and best in class wellness facilities.