Central Element lodges plans for second Drummoyne harbour site
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Central Element lodges plans for second Drummoyne harbour site

A 45-apartment tower with harbour views is proposed for St Georges Crescent, as Drummoyne becomes an unlikely hotspot for boutique development.

By Jeni O'Dowd
Wed, Jul 1, 2026 8:00amGrey Clock < 1 min

Sydney developer Central Element has lodged a Development Application with the City of Canada Bay Council for a ten-storey residential building at 15A-21 St Georges Crescent, Drummoyne, its second project in the tightly held waterfront suburb.

The proposal seeks approval for 45 residences on a 1,701sqm north-facing site, including eight affordable housing apartments to be managed by a registered community housing provider for a minimum of 15 years.

Designed by MHN Design Union, the building would deliver a mix of one, two and three-bedroom homes, along with a resident gym, landscaped communal spaces and three levels of basement parking.

The elevated site looks out towards the Sydney Harbour Bridge and the CBD skyline, with north-easterly views across the harbour. It sits within walking distance of Drummoyne Sailing Club, Birkenhead Point, ferry services and the Bay Run.

The DA comes as Drummoyne faces growing pressure to accommodate new housing.

The City of Canada Bay’s population is forecast to grow by nearly 30 per cent over the next two decades, while Drummoyne village has been identified as a town centre under the NSW Government’s Low and Mid-Rise Housing reforms.

Managing Director Nathan Chivas said sites combining a north-facing aspect with direct water outlook were increasingly difficult to secure.

“Our St Georges Crescent project responds directly to the market demand, offering a level of exclusivity, outlook and lifestyle in the highly sought-after suburb,” he said.

Central Element is also behind Bianca, a luxury waterfront project at 2C Wolseley Street, Drummoyne, currently under construction. The company’s broader Sydney pipeline includes projects in Bondi, Neutral Bay and Greenwich.

The St Georges Crescent project is expected to launch to market in early 2027, subject to DA approval.



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Luxury in Bellevue Hill has traditionally been measured through land, elevation and harbour outlooks. At Ōtium, a boutique residential development taking shape at 206B Victoria Road, the defining quality is quieter: a sense of separation from the city without leaving Sydney’s eastern suburbs.

Positioned above Cooper Park, the development turns away from the movement of Victoria Road and towards the reserve’s dense green canopy. Its north-western rear orientation has been designed to capture natural light, parkland views and the Sydney skyline beyond.

The result is a collection of residences conceived around privacy, space and a close connection with the surrounding landscape.

Award-winning architecture practice MHN Design Union has designed the building, using its elevated setting to establish a distinctly different outlook from many of Bellevue Hill’s apartment developments. Rather than treating the park as a distant backdrop, the architecture draws it into the residences through broad openings, private terraces and living spaces oriented towards the trees.

The Victoria Road elevation uses brickwork to give the building a grounded, enduring street presence. To the rear, the architecture becomes more open, with the residences extending towards private outdoor areas overlooking Cooper Park.

Inside, Ennen & Co has developed a warm and restrained material palette influenced by the building’s architectural forms and natural setting. Clean lines are offset by stronger moments of colour and texture, including deep green tiling, natural stone, marble and bespoke joinery.

The approach is deliberately understated. Instead of relying on conspicuous finishes, the interiors have been designed as a flexible backdrop for furniture, art and the individual preferences of each owner.

Ōtium comprises just eight homes; a garden residence, six upper-level residences and an expansive penthouse. The garden residence offers the most direct relationship with the landscaping, while the penthouse takes advantage of the development’s elevation with views across the parkland canopy towards the city.

A communal rooftop terrace provides another perspective over Bellevue Hill and Sydney. The space has been planned for quiet morning use as well as private gatherings, giving residents access to an elevated outdoor area beyond their individual terraces.

Construction is being undertaken by Ultra Building Co for developer Concretive. Ultra describes the development as a $16 million project and says its work has focused on natural stone, custom joinery, bespoke tiling, acoustic and thermal performance, and carefully resolved transitions between indoor and outdoor spaces.

The location places residents close to several distinct neighbourhood centres. Bellevue Road Village provides local cafés, shops and daily services, while Plumer Road, Double Bay and Bondi Junction extend the dining, retail and transport options. Cooper Park itself offers walking trails and tennis courts, with Sydney’s eastern beaches and the Royal Sydney Golf Club also within easy reach.

It is a location that allows daily life to remain highly connected while creating a more secluded atmosphere at home.

Ōtium is being marketed by Ray White Double Bay Projects, with agent Daniel Ungar noting the development’s strong appeal among buyers.

“Ōtium has resonated strongly with buyers because it offers a combination that is increasingly difficult to find in Bellevue Hill, generous, house-like proportions, privacy and a genuine connection to nature, without the maintenance of a freestanding home,” Ungar says

Above Cooper Park, Ōtium makes stillness itself part of the proposition, an increasingly valuable quality in one of Sydney’s most tightly held residential markets. It offers the security and lower-maintenance qualities of apartment living, but with larger interiors, private terraces and a natural outlook more commonly associated with a freestanding home.

Project details

  • Project: Ōtium
  • Address: 206B Victoria Road, Bellevue Hill, NSW
  • Developer: Concretive
  • Architect: MHN Design Union
  • Interior design: Ennen & Co
  • Builder: Ultra Building Co
  • Status: Under construction
  • Selling agents: Daniel Ungar & Zorick Toltsan | Ray White Double Bay Projects
  • Contact: 0400 112 202 | 0411 227 784
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