Landcom's build to rent project on the South Coast will start construction in the coming months to deliver much needed housing supply and security for the region's renters.
The NSW Government developer Landcom has signed with Ulladulla based Zauner Construction Pty Ltd to deliver the construction of 60 new homes in Bomaderry.
The 48 new homes will be provided at market rates for long term rental, with the remaining twelve set aside for affordable housing for households on low to moderate incomes.
The building will demonstrate best practice sustainable design to maximise energy efficiency, reduce carbon emissions and provide a healthy environment for residents with fresh air and natural light.
There will be a mix of apartment sizes to suit the needs, lifestyles and budgets of the local community. Future residents will be close to Bomaderry railway station and have easy access to shops, open space and other amenities.
Construction will take around 18 months with new residents expected to move in by late 2026.
This week the NSW Government announced Landcom's plans to transform the former WestConnex dive site at Camperdown into 500 new apartments including 200 Build to Rent apartments with discounted rents for essential workers like nurses, paramedics, teachers, police officers and firefighters.
Landcom is also leading the development of 50 new apartments in the NSW Northern Rivers as part of its Build to Rent Program in regional NSW.
For more information about the project visit Landcom: Bomaderry | Landcom
Minister for Planning and Public Spaces Paul Scully said:
"Landcom was formed by the Wran Labor Government and under a Minns Labor Government we are seeing a new level of investment and is supporting the delivery of new homes.
"From the regions to our city centres, the NSW Government is getting on with the job of delivering more affordable, well-built and connected homes to those that need it.
"The Minns Labor Government's program is boosting housing supply in areas where we know people are struggling with the rising cost of rent.
"This will provide a boost to jobs and the local economy in the Shoalhaven region."
Member for South Coast Liza Butler said:
"The injection of housing is welcome news and will be of great benefit to many families in the area. It is developments such as this that has been the missing link for Bomaderry and the South Coast.
"Long term, secure rental housing is important now, more than ever. I am proud to be part of the Minns Labor Government that is taking action to address the housing crisis in NSW."
Duty MLC for Kiama Sarah Kaine MLC said:
"This is a great development, backed by responsible investment of government money, to boost housing supply, and tackle the housing crisis head on.
"It's great to be part of a Government that is investing in affordable housing in our regional communitites and supporting local jobs.
