Rhodes, NSW
410 Concord Rd, Rhodes, NSW, 2138
Master-planned development comprising of 1,885 residential units across 6 buildings in Inner-West Sydney NSW.
Key Item
Value
Property Type
Land Size
Mixed Use
34,670 sqm

In October 2023, Metrics was presented with an off-market opportunity to acquire and develop the project with an existing Builder / Developer JV partner.

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The Joint Venture has pursued rezoning of the site to deliver a mixed-use precinct, located within the prime position and providing unobstructed waterfront views over the harbour back toward the Sydney CBD.

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The proposed master-planned development comprises 6 development blocks comprising 1,885 residential apartments plus 22,500 sqm of non-residential (commercial, hotel and retail) floorspace and a new public library. A new public, pedestrian bridge will also be constructed that will connect the open space to the east to the centre of Rhodes.

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The property is currently leased providing holding income until the rezoning has been completed.

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Rezoning and Development approval is targeted in 2027 with demolition and construction works to commence thereafter on a staged basis.

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