Rhodes is getting a new addition of modern waterside apartments with the launch of Rhodes Bay on Leeds Street by developer Billbergia.
With more than 20 years of experience bringing new homes to Rhodes, Billbergia is well-versed in creating flourishing communities within the popular inner-west suburbs.
As a major point of difference from other developers, Billbergia has also contributed to the masterplan of Rhodes, enhancing residents’ lifestyles by creating sustainable communities with access to a great range of services and amenities
The homes are attracting diverse buyers from many demographics.
New boutique apartments on Leeds Street are currently on the market, attracting interest from a diverse range of buyers, including investors, first homebuyers, young families, and downsizers, who see the development as a unique offering.
“Rhodes Bay is certainly bespoke—what we're really excited about is its absolute waterfront location,” said Saul Moran, Development Director Planning and Development at Billbergia.
“It’s an opportunity to contribute to the ongoing transformation of Rhodes, with a development that makes the most of its waterfront location.
"Rhodes Bay is the first time a new development with direct access to Parramatta River will be available to purchasers. It really is the start of the Rhodes Bay waterfront community and an exciting opportunity to be one of the first to buy into the development.”
Why buyers have their eyes on Rhodes
Located only 12km west of Sydney’s CBD and surrounded by water, Rhodes is a top choice for those who work in the city but still want a connection to the natural beauty of Sydney’s waterfronts.
“Rhodes is an amazing suburb. It's an idyllic location that’s surrounded by Brays Bay, Parramatta River and Homebush Bay,” said Mr Moran.
Billbergia is a big contributor to the evolution of the Rhodes precinct by delivering parks and open space, along with the award-winning Rhodes Central Shopping Centre and a new $85 million sports and recreation centre, due to open in 2025.
Just 12km from Sydney's CBD, Rhodes offers city convenience and waterfront beauty.
Investors are also eyeing Rhodes for its growth potential, with a 2.2% price growth in units and apartments over the last 12 months and a 4.9% rental yield, according to PropTrack data.
Mr. Moran added that rentals are also tightly held in the area; SQM data showed that in July 2024, vacancy rates were 3.2%.
“With the Rhodes East Place Plan, there's going to be more facilities and more infrastructure. In addition to a new waterfront dining precinct, the NSW Government is planning a new primary school, and ferry wharf is on the horizon, that will provide a convenient alternative to access the city.
Bespoke design
The apartments at Rhodes Bay on Leeds Street have been designed with the modern Sydney-sider in mind, and will be completed with contemporary interiors that can be tweaked by the buyer to create a more personalized space.
Billbergia is allowing buyers to choose joinery, appliances, and materials, which Mr. Moran says will make the residents feel more at home.
“With a focused on owner occupiers, and we want these buyers to get the chance to individualise their homes,” said Mr. Moran.
“With the rise of High-density living doesn’t mean people shouldn’t have the opportunity to have a hands-on experience in the design, like they would when building their own house.”
Gallery: Inside the homes
Value-adding shared amenities
Another important element that many apartment buyers have come to expect is the shared amenities on offer.
“I think that over the years, the amenities offered within developments are something purchasers have realised add value.
"We've always liked to establish what we think the community and the families will want in the area,” said Mr. Moran.
Rhodes Bay boasts a range of luxury amenities designed to encourage a sense of community within the development, which enhance the apartment living experience.
Some of these amenities include a pool and bar area with cabanas, along with a rooftop garden. There’ll also be a sauna, and on the lower podium level of the building, an outdoor putting range and an indoor golf simulator.
Residents will have access to all manner of amenity and activities.
“We’ve also got ground floor retail, which helps add to the and self-sustainability of the area,” added Mr. Moran.
"The land is currently private industrial, and this is the first time it will be available for residential purchase. Theres a waterfront park, and this piece of waterfront will be made publicly accessible.
"It’s the start of the Rhodes Bay waterfront community, and its going to be an exciting opportunity to be one of the first to buy to invest."
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