Landmark harbourside residences unveiled in Rushcutters Bay
A boutique collection of architect-designed apartments overlooking Rushcutters Bay Park is set to redefine luxury inner-east living, with sales now underway ahead of completion in 2027.
A boutique collection of architect-designed apartments overlooking Rushcutters Bay Park is set to redefine luxury inner-east living, with sales now underway ahead of completion in 2027.
A new benchmark for boutique harbourside living is emerging in one of Sydney’s most tightly held inner-east locations, with the launch of The Rushcutters, a collection of just 13 luxury residences overlooking Rushcutters Bay Park.
Located at 55 Bayswater Road, the development has been created by the leading property group Third.i Group in partnership with NPACT, and designed by internationally recognised architecture studio Woods Bagot.
The project blends contemporary design with subtle references to the area’s Art Deco heritage, creating what is expected to become a landmark residential address.
Designed to appeal to buyers seeking both prestige and long-term liveability, the residences offer generous internal proportions more commonly associated with freestanding homes.
Expansive open-plan living areas flow seamlessly to large balconies, reinforcing the strong indoor-outdoor connection that defines the building’s architectural vision.
Many apartments are positioned to capture elevated outlooks across Rushcutters Bay Park, the Sydney skyline and the surrounding harbour landscape, enhancing the sense of privacy and connection to the waterfront setting.
A rooftop retreat is also planned as a private sanctuary for residents, providing panoramic views alongside curated spaces for relaxation and entertaining.
Beyond the building itself, the location is expected to be a major drawcard.
Residents will be just moments from the harbour foreshore and within walking distance of the vibrant dining, retail and cultural precinct of Potts Point, while still enjoying the tranquillity of parkside living.
The development targets established buyers, downsizers, and international purchasers seeking a prestigious Sydney base with proximity to the CBD and lifestyle connectivity to some of the city’s most desirable waterfront amenities.
With construction scheduled for completion in late 2027, sales are now underway for what is shaping up to be one of the inner east’s most anticipated new residential offerings.
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A landmark beachfront home in Balgowlah Heights has sold for $17.5 million, setting a new residential record for the tightly held Northern Beaches suburb.
The six-bedroom residence at 30A Beatty Street changed hands on July 21 through Clarke & Humel Property, eclipsing its own previous benchmark by $5.7 million.
The property last sold for $11.8 million in October 2017, a result reported as a Balgowlah Heights record at the time. Its latest sale represents an increase of more than 48% in almost nine years and places it well ahead of other known sales in the suburb.
It is not the first time the address has reshaped local expectations. The home sold for $3.15 million in 2013 before extensive alterations and additions transformed it into the substantial trophy residence seen today. From that transaction to its latest sale, its recorded value has increased more than fivefold.
Occupying 1,074sqm in an exclusive no-through pocket, the property backs directly onto the golden sand of Forty Baskets Beach. A gate at the bottom of the garden opens to the beach and surrounding foreshore walks, creating the kind of direct harbour access rarely available on the Northern Beaches.
The home’s elevated, cascading design takes full advantage of its position. Walls of glass frame panoramic views across North Harbour, while a succession of indoor and outdoor living spaces follows the slope towards the water.
Arrival is suitably dramatic. The four-car garage—complete with harbour views—is connected to the residence by a lift. From there, a covered walkway leads through tropical gardens to an entrance framed by a koi pond, stone flooring and soaring ceilings.
At the centre of the home is an expansive living and entertaining level. A stone kitchen fitted with Miele appliances steps down towards the view, incorporating an integrated refrigerator and freezer and a built-in breakfast bar positioned to overlook the harbour.
The adjoining formal dining room opens through a bi-fold wall to a landscaped side courtyard. A substantial living room, anchored by a gas fireplace, also connects to the main terrace, creating a continuous relationship between the interior, gardens and water.
An electrically operated roof allows the terrace to be used in different weather conditions, while automated internal blinds and ducted airconditioning add to the home’s extensive technology and comfort features.
Outside, the entertaining areas continue around a swimming pool and spa. A built-in barbecue, steam room and generous terraces give the property the atmosphere of a private resort, with the beach only steps away.
The accommodation has been arranged to suit a large or multigenerational household.
Four bedroom suites occupy an upper level, while the main bedroom commands an entire floor. The private retreat includes sweeping harbour views, a large walk-in wardrobe and a luxurious ensuite.
On the lower level, a billiard room and bar are accompanied by two bedrooms and a bathroom. A separate self-contained studio provides further flexibility for extended family, guests or live-in staff.
The residence also includes a private home office, yoga room and extensive storage—features that allow it to function as both a secluded family home and a large-scale entertaining destination.
Sustainability and energy resilience have also been incorporated through solar panels and a Tesla battery.
Despite its rare waterfront setting, the property remains close to the conveniences of the lower Northern Beaches. Bus services are approximately 450 metres away, while Balgowlah Village, local schools and North Harbour Reserve are within easy reach. Manly is about three kilometres from the home.
The sale underlines the scarcity premium attached to Sydney homes combining substantial land, direct beach access and uninterrupted harbour views.
Balgowlah Heights has a median house value of about $4.23 million, according to PropTrack data displayed on realestate.com.au. At more than four times that figure, the Beatty Street result sits in a different tier from the suburb’s conventional prestige market.
Its price is also $6.65 million above the $10.85 million paid for neighbouring 30 Beatty Street in December 2025.
While conventional luxury features helped support the result, the defining asset is one that cannot be readily replicated: a private rear gate opening directly onto Forty Baskets Beach.
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