Globe East End apartments represent a new direction for Unity Housing into student accommodation and facilities management.
Situated in Adelaide’s bustling Rundle Street precinct, Globe East End apartments represent a new direction for Unity Housing into student accommodation and facilities management.
In partnership with Hindmarsh Development, Unity funded the development of 42 of the Globe East End’s 78 apartments and has now taken over tenancy and facilities management for the entire inner-city student-housing site.
Unity Housing Company Chief Executive Officer Matthew Woodward said the Globe was a further step in building Unity’s presence in the fee for service property and tenancy management market in South Australia.
“Unity already provides property and tenancy management services to over 280 third party landlords on a fee for service basis and the Globe is just a further step in this direction,” Matthew said.
“The Globe is a major 15 story, 78 two-bedroom apartment building housing 156 students, with many of the services essential to their needs, including the provision of laundry facilities, internet access, common rooms and security.
“It is our first real step into student accommodation and facilities management and an exciting challenge for us.”
Building on its existing relationships with the university sector in South Australia, Matthew says he is looking to increase Unity’s share of the student accommodation market, particularly for low income and vulnerable student populations.
“The need for low cost alternatives for students is growing and The Globe offers an affordable option into the market for low income students,” Matthew said.
“Through our low-income housing we already provide a number of students with affordable accommodation, particularly students who have a disability or are vulnerable. The Globe provides six apartments specifically targeted to high need students, such as those with disabilities and other vulnerabilities.”