Australia: A development application has been lodged by Knox Developments for a 12-storey building with 78 coliving apartments in Rockdale.
The plans for the $30 million project include a commercial tenancy on the ground floor and 78 coliving studio rooms with communal living spaces above.
The 568 square-metre site is currently occupied by a single-storey commercial building.
The apartments will be offered with flexible rental contracts and all-inclusive fees.
The site will have a dedicated host who “will ease residents into community life”. Residents will also be able to communicate with neighbours using a mobile app.
The Rockdale location is Cronulla-based Knox Developments’ first move into the commercial development space. It will partner with coliving and BTR management firm UKO.
Cofounders Alex Thorpe and Rhys Williams started UKO in 2018 to promote coliving for young professionals. UKO manages nearly blocks with more than 1500 apartments across Australia.
Knox Developments has a number of luxury developments in Cronulla and Burraneer and recently expanded into Queensland with a project at Bilinga on the Gold Coast.
