Residential BTR Projects

High Street Preston

We're thrilled to unveil our largest residential construction project to-date, an 18-storey build-to-rent tower in the heart of Preston for Aware Real Estate, developed in partnership with Barings. 

The project features 292 studio, 1-bedroom and 2-bedroom apartments, including 7 duplex townhouses, 6 shops, a 3-level basement car park, and amazing amenities like a landscaped courtyard, residents' lounge, and a rooftop terrace. 

Our commitment to efficiency led Kapitol to identify innovative management options throughout the ECI phase and design development, to help ensure there is a timely delivery and saving on costs while preserving the architectural vision. This includes incorporating alternative materials and finishes, constructing an alternate roof structure, and installing a brick snap facade that eliminates the need for scaffolding, providing massive programme gains and cost savings. 

Importantly, High Street Preston will target a 7-star NatHERS rating, incorporating passive daylight and shading strategies.

This project is due for completion in early 2026.
Aware Real Estate
Preston, Victoria
Under Construction
Residential ECI New Build

High Street Preston Sod Turning Event

  • 292

    studio, 1-bedroom and 2-bedroom apartments, including 7 duplex townhouses

  • 3-level

    basement car park

  • 7-star

    NatHERS rating (target)