HSN Property Group is proposing a high-quality residential development that contributes to housing diversity in Rose Bay. The 9-storey building will include approximately 54 apartments, 14 of which will be affordable housing. Designed by renowned residential architects, MHNDU, the project features:

• A mix of two, and three-bedroom homes

• Homes suitable for essential workers, families, downsizers, and young people

• Communal areas for residents, a wellness area including a pool and saunas as well as a communal lounge with external landscaped area with BBQ

• Basement car parking across three levels

• High-quality landscaping

• EV charging stations

The new apartments will be a mix of market-rate and affordable homes for a diverse community, including key workers, families, senior citizens and downsizers and first-home buyers. The design supports a vibrant, inclusive local community.

Rose Bay is evolving, with a growing number of medium-density housing options. The site is within walking distance of:

• Rose Bay town centre

• Local shops, cafes, and restaurants

• Public transport options

• Schools including Rose Bay Public School, Kambala, Kesser Torah College, and Kincoppal-Rose Bay

The proposed building will be 9 storeys high, permitted under the Low to Medium-Rise Planning Policies as well as the Housing SEPP’s affordable housing uplift provisions. The design complies with the Apartment Design Guide, ensuring solar access, and diverse apartment layouts.

A comprehensive traffic study is underway. The development includes basement parking across three levels for residents and visitors to help reduce street congestion. The site’s proximity to public transport is expected to further reduce car dependence.

The proposed development will offer a suite of premium communal amenities designed to enhance resident wellbeing, foster social connection, and promote a healthy lifestyle. These include:

• A wine lounge and communal garden – ideal for entertaining, relaxing or getting to know your neighbours

• A fully equipped gym

• An indoor pool with integrated saunas and an invigorating ice bath

HSN has extensive experience delivering well-designed urban developments that enhance local communities. Known for visionary, sustainable design, HSN works closely with stakeholders and the community to ensure projects integrate seamlessly into the local fabric.

Yes. We are committed to community engagement. This includes letterbox flyers, a dedicated project webpage, and opportunities for locals to have their say before and during the formal exhibition process.

There are several ways to get involved or stay updated on the project:

• Complete the community survey

• Read the letterbox flyer delivered to local residents

• Visit the project webpage: spencerstrosebay.com.au

• Contact the team via the Contact Us form on the website

• Email questions or feedback to: info@spencerstrosebay.com.au

• Join the upcoming community webinar

This project qualifies as State Significant Development because it meets the NSW Government’s investment thresholds for in-fill affordable housing.

The NSW Government determines whether a project meets the criteria to be classified as a State Significant Development.

Once classified, the developer is issued the Secretary’s Environmental Assessment Requirements (SEARs), which outline what must be included in the Environmental Impact Statement (EIS).

The EIS is a detailed report that assesses potential impacts, such as traffic, noise, heritage, the environment, and local utilities, and explains how these will be managed.

The EIS will be publicly exhibited for at least 28 days, giving the community, stakeholders and local councils an opportunity to review the proposal and provide feedback before a final decision is made.

The project complies with the Housing State Environmental Planning Policy (SEPP) including provisions under Low and Mid-Rise (LMR) Housing Reforms and Infill Affordable Housing. It supports the Government’s objective to increase housing diversity in accessible, urban locations.

The Low and Mid-Rise (LMR) Housing Policy enables the development of well-designed, sustainable housing near shops, transport, and community services. Both policies allow9 storey residential buildings in areas like Rose Bay and support diverse living options for people at different life stages.

Affordable housing is housing that is priced to be affordable to low-to-moderate income households. It supports essential workers like teachers, nurses and hospitality staff who may otherwise be priced out of the local area. These apartments will be managed by a registered community housing provider and retained as affordable for at least 15 years.

The NSW Department of Planning, Housing and Infrastructure issued the SEARS on 20 June 2025. The project is now in the early planning and community consultation phase. The formal State Significant Development Application (SSDA) will be lodged following completion of formal community and stakeholder engagement.