An aerial depiction of the planned new waterfront of the Rhodes Bay Masterplan.
A $3.2 billion vision for Rhodes waterfront is set to deliver more than 1,800 new homes to Sydney’s inner west.
Award-winning Australian developer Billbergia has submitted the plans to DPHI for a State Significant Development Application (SSDA) Rhodes Bay Masterplan.
The $3.2 billion mixed-use project will deliver over 1,800 new waterfront dwellings alongside over 16,000 square metres of new public open space dedicated to a range of sporting facilities and water activities, community parklands and a retail and dining precinct.
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Billbergia’s $3.2 billion mixed-use development.
An artist’s impression of the planned foreshore promenade.
Fronting Cavell Ave, Averill St and Leeds St in Rhodes, the development spans 3.1 hectares across four amalgamated sites.
Sitting on the northern tip of the Rhodes peninsula it is the suburb’s last-remaining north-facing developments that fronts the Parramatta River.
If progressed, it will open previously privatised industrial land on the Parramatta River foreshore and return it to public access for the first time in more than a century.
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There will be a retail and dining sector.
Set to feature eight residential towers between 22 and 40 levels providing a total of 1,840 dwellings, the masterplan has been designed by award-winning architects SJB.
Subject to approvals, 800 new apartments will be delivered before 2029 under the Government’s Housing Accord Targets.
The overall precinct could be completed by 2034.
The development builds on Rhodes Place Strategy and is aligned with the Government’s long-term vision for connected walking and cycling paths along the Parramatta River. It is also adjacent to Billbergia’s existing Rhodes Bay Stage 1 approved and under construction, delivering a further 400 apartments.
An artist’s impression of a Chinese community garden in the development.
There will be a multi purpose sports and play area.
“We are excited to contribute to the ongoing urban renewal of the peninsula from its industrial past to deliver a new urban village that will unlock public access to the Parramatta River waterfront,” Billbergia’s development director Saul Moran said.
Mr Moran said this world-class project will redefine liveability blending modern homes with retail, dining and essential services.
“More importantly, Rhodes Bay will deliver abundant new amenities for the existing community – with a waterfront promenade, community gardens and a multipurpose sports, retail and dining precinct,” he said.
The development is set to feature eight residential towers between 22 and 40 levels.
SJB partner and urban designer Frankie Layson said Rhodes Bay is about opening the waterfront for everyone, linking Cavell Ave to a generous foreshore, welcoming new transport links and creating lively and walkable streets.
“It integrates social infrastructure, supports an activated foreshore precinct and calibrates height, daylight and open-space outcomes to create a high-amenity, mixed-use waterfront district,” Mr Layson said.
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The development will be completed in 2034.
The Rhodes Bay Masterplan will also deliver more than $150 million in contributions toward State and local government infrastructure and affordable housing.
The NSW Government is providing funding for a new Public Primary School on and adjoining site that will include fit-for-purpose classrooms and core facilities to meet the needs of the growing local community.
According to Billbergia, staged contraction of the new masterplan could start by late 2026.
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