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279 & 281 Madras Street, City Centre

Deadline Treaty - 24/09/2026 4:00pm

24

1,571m²

Portfolio Scale I 24 Titles I Airbnb Consented

A rare opportunity to acquire an entire collection of 24 one-bedroom apartments in a single transaction, providing immediate scale without the time and complexity of building a portfolio unit by unit.

Located within their own standalone Building C at Fletcher Living's premium The Poplars development, the apartments are currently under construction and nearing completion, with handover anticipated in early 2027.

Each apartment is held on its own individual unit title, providing exceptional flexibility. Investors can retain the collection as a substantial income-producing portfolio or, over time, sell individual apartments to progressively realise capital and enhance liquidity.

Importantly, the building has been specifically designed and consented for short-term accommodation, including Airbnb-style use, a significant point of difference in a market where many conventional apartments may face uncertainty or restrictions around short-term letting.

Offering scale, operational efficiencies, future liquidity and substantial short-term accommodation income potential, this is a genuinely differentiated opportunity for investors, syndicates, family offices and residential accommodation operators seeking a premium inner-city portfolio.

For sale by Deadline Private Treaty: 4pm, Thursday 24 September 2026 (unless sold prior).

*Artist impressions only. Boundary lines are indicative only

Features:

* 24 separate unit titles – whole building acquisition

* A cashflow focused asset – long or short term tenancies

* Consented for Air BNB

* Brand new construction

* The Poplars has been designed by award-winning local architects Herriot Melhuish O’Neill

* Quality construction, delivered by Fletcher Living Residential

* Low maintenance, durable materials, generously appointed apartments

* All apartments have very liveable configurations with west facing balconies for afternoon sun

Additional details

Type

House

Property ID

67041943

Listed on

26/08/2026

Updated

yesterday

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Listed for sale on OneRoof for 1 days (last updated on 26 August). There are 3686 24-bedroom properties for sale nearby. There are 40705 properties for sale in City Centre.

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