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.
A 45-apartment tower with harbour views is proposed for St Georges Crescent, as Drummoyne becomes an unlikely hotspot for boutique development.
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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Almost a century before construction began, two sisters unknowingly inspired one of Sydney’s newest residential addresses.
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