South Pacific to Build iQ Student Accommodation |
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Written by Marc Pallisco
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Saturday, 05 August 2006 |
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With the number of international students in Melbourne university’s growing each year, developer South Pacific has unearthed a niche for premium quality student accommodation in Carlton.
Tailored to the South East Asian student market, the $20 million iQ project is rumoured to have a waiting list for the 2007 academic year. The tower includes top quality fittings, full broadband cabling - and views of the CBD.
South Pacific managing director Mr Mark Feiglin said the student market was a strong investment opportunity into the future with the total number of international students in Australian universities expected to grow from 188,400 to 996,000 by 2025.
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