Month: September 2025

Third.i Group, in partnership with NPACT, has launched The Rushcutters – a $106 million harbourside collection of just 13 apartments in Rushcutters Bay, approved ahead of the City of Sydney’s new No Net Dwelling Loss rule. 

Set in one of Sydney’s most tightly held inner-east neighbourhoods, the project offers a rare opportunity to secure a home of scale and quality, in a location where future boutique development will be increasingly restricted.

Nestled among leafy streets and moments from the water’s edge in one of Sydney’s most iconic bayside suburbs at 51–57 Bayswater Road, The Rushcutters comprises 12 exquisitely designed two- and three-bedroom apartments and one full-floor penthouse ranging from 121 sqm to 198 sqm.

Residents will enjoy Potts Point’s vibrant energy, renowned dining, boutique shopping, cafés, harbourside parks, and easy access to the water. Offering both lifestyle and inner-city convenience, the development is just 200 metres from the Kings Cross entertainment precinct and 1.5 km from the Sydney CBD.

With exterior and interior architecture by award-winning architects Woods Bagot, The Rushcutters honours the Art Deco heritage of the local area while seamlessly blending natural beauty with contemporary sophistication.

Residences capture north-west and north-east vistas through open-plan layouts, private balconies, and a communal rooftop terrace offering panoramic views. Interiors feature stone, timber, and brass finishes, premium Wolf and Miele kitchens, and spa-like bedrooms and bathrooms, delivering a refined balance of luxury, functionality, and comfort.

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Third.i Group and joint venture partner NPACT has unveiled its luxury new apartment development, The Rushcutters, offering prospective apartment buyers a rare opportunity to buy brand new into one of Sydney‘s most tightly-held Harbourside suburbs.

The Rushcutters received approval before the City of Sydney’s No Net Dwelling Loss rule took effect in May 2025, which puts tighter constraints on developers mandating that any new development on a site cannot result in fewer dwellings than were previously on the land, ensuring that redevelopment maintains or increases housing stock. The expectation is this will make boutique development, like The Rushcutters, difficult to reproduce.

The development will comprise 12 two- and three-bedroom apartments, and one full-floor penthouse. They range in size from over 120 sqm to nearly 200 sqm. It will sit conveniently between the water at Rushcutters Bay and the cosmopolitan suburb of Potts Point, renowned for its dining, boutique shopping, and cafes, all while being just 200m from the Kings Cross entertainment precinct.

With exterior and interior architecture by award-winning architects Woods Bagot, The Rushcutters honours the Art Deco heritage of the local area while blending natural beauty with contemporary sophistication.

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Transforming housing and community

DEVELOPER Third.i has welcomed strong support from Australia’s leading sporting organisations for its proposed all-weather football and AFL fields at Charmhaven.

The all-weather fields are key components of its $1.6B master-planned community that will also deliver new homes, jobs, a K-12 school and protected ecology lands.

If the development is approved, it will be region’s first-ever sporting complex – addressing the chronic shortage of year-round sporting facilities on the Central Coast.

National and local sporting organisations have endorsed the Charmhaven proposal, given the urgent need for all-weather sporting facilities, with wet weather forcing the closure of Council grounds across the Central Coast, leaving thousands of young players unable to play or train for months at a time.

The Interim CEO of Football Australia (FA) Heather Garriock, said: “New synthetic sporting fields and infrastructure will provide real benefits to the local community and ensure our players can continue playing the sport they love, regardless of weather conditions. Football Australia is eager to lend its support through the planning process to deliver this unique sporting complex for football players on the NSW Central Coast.”

Samual Thomson Venue & Government Partnerships Manager – AFL NSW/ACT said in 2024 there were 2,100 AFL participants across Central Coast Council. 

“When we use the population growth projections and our current participation rates, if the penetration rates of participation remained the same as it was in 2024, by 2031 we will need access to an additional 3 ovals to meet demand.”

“The Charmhaven Community Development presents an opportunity to create an additional AFL space to directly support the participation needs in the Central Coast region.”

Alex Burgin, CEO of Central Coast Football, said any proposal that invests in all-weather sporting infrastructure is not just welcome, but essential for the region’s fuure.

“Central Coast Football and our 16,500 playing members are keen to support initiatives like the Charmhaven proposal, which will ensure football is accessible year-round for everyone,” he said.

The Charmhaven Project is currently the largest housing development planned for the Central Coast. If approved, it will help ease the housing crisis by delivering over 2,000 homes (200 dedicated as affordable housing for essential workers), a low-fee school catering for 1,500 students from K-12 and a new business park creating 650 new jobs. 

Contingent on planning approvals, the first new homes could be delivered in 36 months.

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