Building sustainable investments
Following Media Super’s merger with Cbus Super in April 2022, Media Super members now have access to a range of new investment opportunities such as Cbus Property* developments. Cbus Property is wholly owned by the Fund and is responsible for the investment, development and management of a portfolio of our property investments. Cbus Property invests in high-quality, sustainable property assets that can aid in generating strong long-term returns and diversify our portfolios.
In September, Cbus Property announced a new residential tower in Brisbane – 185 Wharf St which will feature 125 residences over 30 levels and is earmarked for completion in 2027.
Located in the vibrant inner-city pocket of Spring Hill, 185 Wharf St is targeting a 5 Star Green Star rating under Green Star Buildings – the Green Building Council of Australia’s (GBCA’s) most rigorous rating tool to date. The Green Star Apartments Pathway aims to set new standards for energy efficiency, air quality, access to natural daylight, and thermal and acoustic comfort, while also enhancing urban resilience. And, by purchasing an apartment in a future Green Star building, potential residents are eligible to access green home loans, providing financial incentives for sustainable living.
As a supporting partner of the GBCA Future Homes program, Cbus Property is helping to shape the future of sustainable residential development, integrating advanced green building principles into the design of 185 Wharf St, Cbus Property has also collaborated with the GBCA to develop a tailored Green Star Buildings certification process for apartments.
185 Wharf St’s design prioritises natural light and fresh air, focusing on indoor-outdoor living and abundant natural ventilation to reduce energy consumption and create a comfortable and healthy environment. The building’s common areas will be powered by renewable energy from rooftop solar panels. All apartments will feature induction cooktops to reduce indoor air pollutants and eliminate greenhouse gas emissions as part of Cbus Property’s fully electric, net-zero operational strategy.
The project’s holistic approach to sustainability extends beyond environmental impact, offering a range of communal amenities – including private dining spaces, landscaped gardens, a swimming pool, spa, gymnasium, shared workspaces and dedicated bike storage – all designed to foster community engagement and promote healthy, active living.
Although the first residents of 185 Wharf St won’t move in until 2027, the display suite is now open, presales have commenced, and we’re proud to showcase another exemplary Cbus Property that’s testing and refining best practice benchmarks as it works continually to build a sustainable tomorrow by creating buildings of the future today.
*Cbus Property Pty Ltd is a wholly-owned entity of United Super Pty Ltd and is responsible for the development and management of a portfolio of Cbus Super’s property investments. Cbus Property investments are part of the property asset class in the High Growth, Growth Plus, Growth, Conservative Growth, Conservative and Property investment options and these returns form part of the crediting rates allocated to accounts invested in these options.
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