A NEW PREMIUM BUILD TO RENT DEVELOPMENT IS COMING TO WEST MELBOURNE.
PDG’s Adderley Street development will feature 105 purpose-built rental apartments, ranging from studios to three-bedroom residences. At least 50 percent of the apartments will be designated affordable housing to support key workers in the city and surrounding major employment hubs such as the Victoria Police Centre, Royal Melbourne Hospital precinct and the University of Melbourne.
Adopting PDG’s successful BTR delivery model for Liv Munro and Indi Southbank at Boyd Village, Adderley Street will combine innovative architecture, sustainability and social design principles to create a vibrant and inclusive address.
Resident amenity will include a ground-floor outdoor terrace, and the rooftop co-working space, terrace and dining room will boast striking views of the city. The building will be 7.5-Star NaTHERS and 5-Star Green Star Rating, and incorporate EV chargers, solar panels, highly efficient all-electric appliances and bike storage.
The announcement of Adderley Street comes at a time when West Melbourne’s appeal continue to soar, with the suburb listed as the fifth most liveable suburb in PWC’s 2025 CityPulse report, scoring 9.8/10 in the categories of Live and Play, and 8.3/10 for Work, the highest ranking across all suburbs in metropolitan Melbourne.
Construction at Adderley Street will commence in late 2025.
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ADDRESS
137-157 Adderley St, West Melbourne VIC 3003
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APARTMENTS
105
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STATUS
Permitted
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ARCHITECT
Life Architecture
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BUILDER
Hamilton Marino
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PARTNER
AXA IM Alts