- Hmlet has opened the Hmlet Parramatta CBD
- In partnership with Sydney developer Revelop
- Designed by Sydney architect PBD Architects
Singapore-based property and lifestyle platform Hmlet has recently opened the doors of the Hmlet Parramatta CBD, an architecturally designed 41-studio property.
The property is Hmlet’s second development Parramatta, and its eighth development in Australia since the company launched in 2016. They are currently in the second of a four-part deal with Sydney developer Revelop, with a further two locations in Petersham and Balgowlah in the pipeline.
The Parramatta CBD was designed by renowned Sydney architect PBD Architects and interior design firm Coco Republic. It is located just 10 minutes walk from Parramatta CBD train station and Westfield Parramatta.
Michael Hogg, Country Manager at Hmlet says wellness and connection are key focuses of the design, with a spacious rooftop garden complete with barbeque pits where members can relax and socialise.
“We design and curate homes where ease and comfort go hand in hand – sustainable spaces where new ideas are born and meaningful connections are made.
“And we’re continuously developing our offerings to help our members create opportunities to live more and do more.”
“Hmlet Parramatta CBD is a state-of-the-art building, providing modern living in a central and convenient location,” says Charbel Hazzouri, Co-founder and Director at Revelop.
“The architecture is landmark for its location and the communal areas and the rooms themselves are well-lit, well-ventilated and provide for a comfortable and luxurious place to live.”
The partnership with Hmlet minimises vacancy risk and reduces operational costs. Even during these challenging times, Hmlet has managed to maintain healthy occupancy levels. In Australia, they achieved an average occupancy rate of 90% with an average tenancy of 13 months.
Hmlet also handles all those time-consuming tasks, such as the marketing and interior design of a property and end-to-end tenant relations.
“Working with Hmlet has given us the opportunity to partner with an operator who can deliver the occupancy to such a unique building, with a strong brand,” says Hazzouri.
“As owners, we are reassured by their professionalism and ability to upkeep and maintain a building of this standard.”