As Central Element’s second site in Drummoyne, 15–21 St Georges Crescent represents a continued commitment to one of the Inner West’s most established waterfront precincts. Moments from the harbour’s edge, the site presents an opportunity to deliver a landmark residential address in a location increasingly sought after for its combination of waterfront outlook, village atmosphere and strong owner-occupier demand.
The acquisition reflects an ongoing focus on low-density, design-led living in lifestyle locations where quality and position remain the defining drivers of value.
With Drummoyne village identified as a town centre under the NSW Government’s Low and Mid-Rise Housing reforms, the site was selected for its capacity to support a high-quality architectural outcome within an area undergoing significant planning evolution.
Spanning approximately 1,700 square metres across multiple titles, the property benefits from a wide street frontage and elevated north and easterly views across the Parramatta River towards the Sydney Harbour Bridge and CBD skyline. Future residents will be within walking distance of Drummoyne Sailing Club, Birkenhead Point Shopping Centre, the ferry wharf, Victoria Road transport links and the Bay Run, reinforcing the area’s reputation as a connected and highly liveable waterfront neighbourhood.
Central Element intends to lodge a development application for an eight-storey residential building comprising a mix of two and three-bedroom apartments, basement parking and shared resident amenity. The proposal will leverage the infill affordable housing bonus under the NSW Government’s Low and Mid-Rise Housing reforms, enabling additional height while maintaining a strong emphasis on design quality and amenity.