Veriu Central

Veriu Central Profile and History

In 2002, before Airbnb and online classifieds, Furnished Property opened its doors to its first apartment in Bondi Beach. Advertising was old school with newspaper ads and street advertising. Founders Alex and Rhys gave customers a personal tour of all available properties. What service! During the early years, Furnished Property continued to build its beachside portfolio of furnished apartments a nd shared rooms for travellers wanting a home away from home without having to start from scratch. The team grew from two to four and a small office was established in Bondi Junction. By 2005 Furnished Property had 100 rooms across Bondi Beach, Bondi Junction and Coogee Beach. 2006 saw Furnished property expand to furnished apartments in Sydneys CBD and shared accommodation in Surry Hills. Their portfolio by then had over 200 rooms. 2008 marked a significant shift into the hotel space with the first hotel in Redfern. Recognised as a market leader in short-stay accommodation, Furnished Property had reached over 400 available rooms. Central Railway Hotel was established in the then gritty suburb of Redfern. This set the tone of establishing a presence in fringe locations in the midst of transitioning into true cultural hubs in close reach of the CBD. Furnished Property worked with capital investors in 2012 to acquire Central Station Hotel. The group successfully developed a 3.5 star, 114 room hotel with three restaurants. All within a short stroll of Sydneys busiest transport interchange and the hip suburb of Surry Hills. Quite a significant milestone that cemented their place as genuine hoteliers. Based on the huge success of Central Station Hotel, Rhys & Alex recognised the shortage of quality accommodation in the Randwick district and partnered with a local developer to deliver Randwick Central Suites to the market. This was a comfortable return to the thriving Eastern Suburbs of Sydney, with Hospitals and Universities only moments away. A new development of 64 fully-serviced suites located at the gateway to urban ...