With the demand for purpose-built student accommodation steadily growing in Sydney, Freecity’s Herring Road project in Macquarie Park is providing a forward-looking solution.
Located next to Macquarie University, Macquarie University Metro Station, and Macquarie Centre, the development sets a new benchmark for urban student living with ultimate convenience.
Australia’s tallest volumetric modular construction project
The project will deliver 528 purpose-built student living units, supported by communal open spaces and extensive shared amenities designed to encourage connection and community. Delivered using Freecity’s Volumetric Modular Construction (VMC) methodology, the development combines innovation with efficiency. At 20 storeys high, it will stand as Australia’s tallest VMC project, demonstrating the potential of modular construction to meet complex urban housing needs.
Cost management expertise across all phases
WT has been supporting the Herring Road project from its earliest stages through to delivery, providing commercial advisory and cost management and quantity surveying services. Our team developed the initial concept and business case estimates, establishing early cost certainty and financial confidence in the project. As the design progressed, we provided detailed design development cost management advice, ensuring feasibility was maintained and budget alignment was achieved throughout the evolution of the scheme.
We have worked alongside potential contractors to reconcile project budgets, identifying the unique risk inherent in the project and appropriate mitigation strategies. Alongside this, we delivered financial and investor establishment services, helping to secure confidence in the project’s viability among stakeholders and financiers. We’re providing delivery and construction services as well as financier reporting, maintaining robust oversight and value assurance as the project moves towards completion.
Creating value for investors and students
The Herring Road project is set to deliver high-quality, sustainable student housing that addresses both affordability and liveability. Once complete, it will not only stand as a milestone in modular construction but also as a long-term investment in student wellbeing and community living.
