$299.8m Rhodes Project Gains Approval for 40 Storeys

A $299.8 million mixed-use development at 23-29 Marquet Street, Rhodes has been approved, allowing for a 40-storey building with 361 apartments, including 75 affordable dwellings. The project will deliver a maximum building height of 131.5 metres and a gross floor area of 36,294.8 sqm on a 4,535 sqm site.

The approved scheme includes nine basement levels with 384 car spaces and 832 bicycle spaces. The apartment mix comprises 22 studios, 112 one-bedroom, 102 two-bedroom, 121 three-bedroom, three four-bedroom, and one five-bedroom unit.

Affordable housing accounts for 20.8% of the total dwellings, to be managed for at least 15 years. The site is zoned MU1 Mixed Use, with the proposal meeting the 8:1 FSR and being permissible with consent under current controls. No rezoning was required.

Planning image for Mixed-use development with affordable housing – 23-29 Marquet Street, Rhodes at 23-29 Marquet Street, Rhodes.

Design excellence was confirmed through an architectural competition and review by the Design Integrity Panel. The project also includes two through-site links, a publicly accessible plaza, and public domain upgrades.

For more information, search the application number (SSD-67636458) on the NSW Department of Planning, Housing and Infrastructure’s website.

View in Project TrackerView on Planning Portal
Project Snapshot
Project Overview
Application NumberSSD-67636458
Project TitleMixed-use development with affordable housing – 23-29 Marquet Street, Rhodes
Project StatusDetermined
DecisionApproved
Determination Date10/07/2026
Project TypeResidential & Commercial ( Mixed use)
Address23-29 Marquet Street, Rhodes
LGACity of Canada Bay
DeveloperTWENTY THREE MARQUET STREET PTY LTD
Project Metrics
Site Area4,535 sqm
GFA36,294.80 sqm
Dwellings361
Affordable Housing20.80%
Buildings1
Storeys40
Building Height131.5m
Parking384 car | 832 bike
Basement Levels9
Jobs128 construction / 30 operational
Capital Investment$299.8 million
Project Team
DeveloperTWENTY THREE MARQUET STREET PTY LTD

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