{"id":91557,"date":"2021-02-10T09:00:00","date_gmt":"2021-02-09T22:00:00","guid":{"rendered":"https:\/\/www.fnarena.com\/index.php\/2021\/02\/10\/shaking-up-the-rental-sector-hmlet-opens-second-western-sydney-site\/"},"modified":"2021-02-10T09:00:00","modified_gmt":"2021-02-09T22:00:00","slug":"shaking-up-the-rental-sector-hmlet-opens-second-western-sydney-site","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2021\/02\/10\/shaking-up-the-rental-sector-hmlet-opens-second-western-sydney-site\/","title":{"rendered":"Shaking Up the Rental Sector: Hmlet Opens Second Western Sydney Site"},"content":{"rendered":"

SYDNEY<\/span>, Feb. 10, 2021 \/PRNewswire\/ — Rental disruptor Hmlet is delighted to open the doors of its second development in Parramatta \u2013 Hmlet Parramatta CBD, an architecturally designed 41-studio property. <\/p>\n

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\"Hmlet <\/a>
Hmlet Parramatta CBD, Studio room. Image by Hmlet<\/span><\/p>\n<\/p><\/div>\n

Parramatta CBD is Hmlet’s eighth development in Australia<\/span> since its 2016 launch, bringing its total number of beds to 250. It is the second in the firm’s four-part deal with Sydney<\/span> developer Revelop, with a further two locations in Petersham and Balgowlah in the pipeline. <\/p>\n

Newly opened Hmlet Parramatta CBD is a contemporary space with an inviting mix of private and communal space designed by renowned Sydney<\/span> architect PBD Architects and interior design firm Coco Republic.<\/i> Wellness and connection are key focuses of the design, with a spacious rooftop garden complete with barbeque pits where members can relax and socialise, and two stunning 18-metre green walls designed by Junglefy that provide a connection to nature and help keep the building cool. <\/p>\n

"We design and curate homes where ease and comfort go hand in hand \u2013 sustainable spaces where new ideas are born and meaningful connections are made," says Michael Hogg<\/span>, Country Manager at Hmlet. "And we’re continuously developing our offerings to help our members create opportunities to live more and do more."<\/p>\n

One of the finer developments in the area, Hmlet Parramatta CBD sets a new standard for build-to-rent developments in Australia<\/span>, driven by Hmlet’s extensive experience in this sector. "Hmlet Parramatta CBD is a state-of-the-art building, providing modern living in a central and convenient location," says Charbel Hazzouri<\/span>, 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." <\/p>\n

It is the model property for any developer looking to venture into the build-to-rent sector; tenants are provided with beautiful facilities and hassle-free living opportunities, while developers enjoy a low-risk investment with all the day-to-day operational issues taken care of.<\/p>\n

A partnership with Hmlet minimises vacancy risk and reduces operational costs. Even during these challenging times, Hmlet has managed to maintain healthy levels of occupancy; in Australia<\/span>, the average occupancy rate is 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. <\/p>\n

"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." <\/p>\n

Hmlet is a Singapore<\/span>-based property and lifestyle platform reinventing the traditional idea of collaborative living, with custom-designed spaces and services, hassle-free tenancy agreements and community events. Their locations are carefully chosen to offer the perfect blend of lifestyle and value, with easy access to cafes, shops and transport. <\/p>\n

Hmlet tenants are referred to as ‘members’ and have a dedicated Member Experience Manager who takes care of their day-to-day property needs and organises fun social events for members. There’s also a Hmlet member app, which allows members to keep track of upcoming socials, chat with other members and manage their bills.  <\/i><\/p>\n

Hmlet Parramatta CBD provides members with the ideal entree into the larger Parramatta community – an area that is often referred to as Sydney’s<\/span> second CBD. Parramatta CBD is a small suburb in Parramatta with a friendly, village feel, boasting a variety of great restaurants and shops. It’s also conveniently located just 10 minutes’ walk from Parramatta CBD train station and Westfield Parramatta, making commuting to the Sydney<\/span> park CBD and designer shopping easy. <\/p>\n

Studios at Hmlet Parramatta CBD come fully furnished (with the option of unfurnished) and equipped with white goods so members can move straight in and start living. Leases are flexible; stay for as little as three months or as long as you like. Single\/double studios at Hmlet Parramatta CBD start from AU$400 per week. <\/p>\n

To learn more about Hmlet Parramatta CBD, see here<\/a><\/u>. <\/p>\n

About Hmlet<\/u><\/b><\/p>\n

Since its launch in 2016, Hmlet has become the leading and fastest-growing property and lifestyle platform in Asia-Pacific<\/span> with more than 100 locations in Singapore<\/span>, Australia<\/span>, Hong Kong<\/span> and Japan<\/span>. Responding to the changing industry dynamics and a deeper understanding of customers, Hmlet operates an ecosystem of real-estate related offerings including property listings, furniture rental and interior design services to provide people with a hassle-free living experience. <\/p>\n

Visit www.hmlet.com<\/a> to find out more.<\/p>\n

For further information or interviews, please contact news@hmlet.com<\/a>.<\/p>\n

<\/div>\n

Related Links :<\/p>\n

http:\/\/www.hmlet.com<\/p>\n","protected":false},"excerpt":{"rendered":"

SYDNEY, Feb. 10, 2021 \/PRNewswire\/ — Rental disruptor Hmlet is delighted to open the doors of its second development in Parramatta…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[105],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/91557"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=91557"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/91557\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=91557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=91557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=91557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}