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Following the completion of its latest purpose built student accommodation in Newcastle, Opto Property Group is pleased to announce that Cardiff will be home to its next PBSA project.
Located on East Bay Close, Opto Student Cardiff will contain 728 self-contained studio apartments which have designed to meet the demand for high-quality student housing in the Welsh capital.
Studios within the development span over 10 storeys, with the ground floor containing a selection of on-site facilities.
Construction of Opto Student Cardiff is set to begin in early 2020.
Opto Property Group’s development director Matt Day welcomed the launch of the project, saying: “The team is excited to kick-start 2020 with a new purpose built student development. This will be our first development in a capital city location, and we look forward to delivering a premium student product to the local market.”
Opto Student Cardiff will represent the company’s fifth PBSA development, having already delivered around 700 rooms across three developments in Luton and 227 studios at Opto Student Newcastle.
There is a current shortfall of over 21,000 managed beds in Cardiff. Opto Property Group will provide much-needed stock to the local market to meet the high demand from the city’s 40,000 student population. With three world-class universities, Cardiff is an ideal location for a new-build PBSA development.
The ground floor of the development will act as Opto Student Cardiff’s shop front, providing residents with very desirable and high-quality facilities. Amenities will include a large gym and yoga studio, a wellness centre, an open plan communal space including breakaway study areas, a library, TV and games area and comfortable seating, an on-site laundry room, breakfast bar, reception and 24/7 CCTV and residents will also benefit from an external courtyard and roof terrace.
The development has been built for a long-term positive impact for the local market, providing safe and secure housing for students.
Opto Property Group has appointed London-based consultancy Experience Invest as the official sales and marketing agent of the development. Follow this link to be redirected to Opto Student Cardiff on the Experience Invest site.