D2, student accommodation at 22 Orr Street, Carlton, has been completed.

Conceptualised and developed by Piccolo Developments, D2 comprises 116 apartments which feature double beds, bathtubs, outdoor balconies and skyline views.

Developer Michael Piccolo says the consistent strong growth in the student accommodation sector is rating about 19.9 per cent per year, making an attractive return on investment.

Designed by architects Rothelowman, D2 has floor to ceiling windows which offer light-infused views, mirrored cabinets and spacious outdoor balcony areas.

The building, along with its predecessor D1 by Piccolo Developments, is one of the first student accommodation buildings in Victoria to achieve a 6 star energy rating.