A NEW COMMUNITY FOR NORTH SYDNEY
146 Arthur St, North Sydney NSW
Aqualand’s build-to-rent project is a new vision to replace the existing 12-storey commercial building at 146 Arthur Street, North Sydney.
The proposal will deliver a 44-storey build-to-rent housing development, offering high quality rental apartments, expansive views of Sydney Harbour, communal amenities, retail spaces, activated laneway and underground car parking.
THE PLANNING PROCESS
Aqualand is currently in the early stages of talking to the community, planning and designing the proposed build-to-rent development for 146 Arthur Street.
When planning, design, and all accompanying technical studies have been completed, a State Significant Development Application (SSDA) will be submitted to the NSW Department of Planning, Housing and Infrastructure (DPHI) in mid-2024.
A State Significant Development Application is the planning pathway for all build-to-rent housing developments in the Greater Sydney region with a capital investment value of more than $50 million.
Following review by DPHI, the SSDA and all supporting documentation will be placed on public exhibition for a minimum of 28 days and members of the community will be invited to make a submission about the proposal.
The SSDA and public submissions will be reviewed by the DPHI and a determination will be made by the department, or referred to an Independent Planning Commission for determination if required.
COMMUNITY BENEFITS
Lifestyle and amenity for residents and the local community are at the heart of Aqualand’s BTR at 146 Arthur Street.
Residents will have access to a lifestyle community with carefully planned communal spaces, including work from home facilities, a library, pool and cinema rooms along the lower levels, and an outdoor terrace and spa areas on the rooftop.
For a focus on public transport, the development will be situated in the heart of North Sydney, with a short walk to both North Sydney train station, the new Victoria Cross Metro Station and easy access to local bus services.
The development will be overseen by a dedicated and experienced property management team responsible for the day-to-day operations, maintenance, and overall well-being of the property.
Activated public spaces will include an improved green space, with natural elements continuing into a welcoming foyer.
For the wider community, Little Walker Street will be activated with café, dining and commercial opportunities, creating a safe, liveable precinct with everything you need right on the doorstep.
WHAT IS ‘BUILD-TO-RENT’ HOUSING?
Build-to-rent housing is large-scale, purpose built rental housing that is held in single ownership and professionally managed. It offers a range of benefits to the community, including:
- Providing more stable, consistent and long-term rental conditions for tenants
- Offering a high level of service and amenity to attract long-term tenants
- Providing dedicated, long term rental properties for the Sydney market.
- Increasing the diversity of rental supply in a constrained market
- Recognising the importance of high quality, stable rental opportunities as a viable choice in the current and future Sydney property market
The NSW Government has made a range of provisions to support the delivery of build-to-rent housing as part of their commitment to increasing housing supply and diversity in NSW. https://www.planning.nsw.gov.au/policy-and-legislation/housing/housing-sepp/build-to-rent-housing
If you have any questions about the project or would like more information from the project team, please email us at community@aqualand.com.au or 9071 1842
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