Dilcara Chosen for Rushcutters Luxury Development

Prestigious Residences in Rushcutters Bay

Leading NSW builder Dilcara has been appointed as the construction partner for The Rushcutters, a luxury residential project in Rushcutters Bay, Sydney. This new development is a collaboration between Third.i Group and NPACT, announced on 28th April 2026. The project continues a partnership with Dilcara that spans more than 15 years, during which they have successfully delivered numerous residential and commercial projects across Sydney.

Located at 51-57 Bayswater Road, The Rushcutters is a boutique development featuring 13 high-end residences. These include expansive three-bedroom units and a full-floor penthouse, all priced from AUD 4.5 million. This price reflects the project’s premium positioning and exceptional quality.

Designed by the renowned architecture firm Woods Bagot, The Rushcutters blends modern architectural elements with subtle Art Deco influences. These design choices complement the harbourside location, providing a contemporary and high-end living experience that reflects the character of its prestigious setting.

Long-Standing Collaboration

Luke Berry, Co-Founder of Third.i Group, emphasised the importance of selecting the right builder for this project. He stated, “Dilcara’s attention to detail, collaborative approach and consistent performance across our past projects gave us complete confidence in their ability to deliver.”

The Rushcutters’ strategic position between Rushcutters Bay Park and Potts Point provides residents with immediate access to Sydney Harbour, dining, lifestyle precincts, and excellent transport connections. This location aims to offer a high-end living experience with convenience and luxury.

Antoine Gittany, Managing Director at Dilcara, expressed pride in the ongoing partnership with Third.i Group. He remarked, “The Rushcutters is a design-led development in one of Sydney’s most prestigious harbourfront precincts. We’re proud to be partnering once again with Third.i Group and NPACT.”

With demolition now underway, construction is slated to begin mid-2026. This follows Dilcara’s ongoing work on Third.i Group’s Muse development in Potts Point, which is scheduled for completion in the coming months. Dilcara’s disciplined procurement approach and strong subcontractor relationships ensure cost certainty and programme confidence, crucial in the current environment of rising construction costs and market volatility.

Dilcara will oversee all construction works for The Rushcutters, drawing on their extensive experience with premium residential projects in established urban locations. Their commitment to quality and design excellence aligns with Third.i Group’s vision for this prestigious development.

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Dilcara to build Rushcutters luxury apartments

29 Apr, 2026

Dilcara has been appointed as the construction partner for The Rushcutters, a newly launched luxury apartment development by Third.i Group in partnership with NPACT.

Located at 51–57 Bayswater Road in Sydney’s prestigious Rushcutters Bay, the boutique development will deliver just 13 high-end residences, reflecting a growing shift toward low-density, design-led living in tightly held harbourside suburbs.

The project forms part of Third.i Group’s broader residential pipeline, which spans boutique apartments, mixed-use developments, and commercial assets across New South Wales.

The appointment extends a relationship between Third.i Group and Dilcara, which has spanned more than 15 years and includes a diverse portfolio of residential and commercial projects.

Dilcara is also currently delivering Third.i Group’s Muse development in nearby Potts Point, which is due for completion in the coming months.

Designed by global architecture firm Woods Bagot, The Rushcutters integrates contemporary design with subtle references to the area’s Art Deco heritage.

The development aims to reflect the architectural character of its harbourside surroundings while offering a modern, high-end living experience tailored to affluent owner-occupiers.

“The Rushcutters is a meticulously crafted project and an important part of Third.i’s boutique portfolio, and selecting the right builder was critical,” said Luke Berry, Co-Founder of Third.i Group.

“Dilcara’s attention to detail, collaborative approach and consistent performance across our past projects gave us complete confidence in their ability to deliver.”

The development will comprise expansive three-bedroom apartments and a full-floor penthouse, with residences priced from $4.5 million.

The limited number of dwellings and emphasis on space and privacy reflect continued demand in Sydney’s eastern suburbs for premium, house-like apartments that cater to downsizers and high-net-worth buyers.

Industry conditions remain challenging, with construction costs elevated and supply chain pressures still impacting timelines across Australia’s building sector.

Against this backdrop, Dilcara’s procurement strategy and established subcontractor network have been key factors in its continued engagement with repeat clients.

Dilcara will oversee all construction works on The Rushcutters, leveraging its experience in delivering complex residential projects in dense urban environments.

The company has built a reputation for managing high-specification developments where design integrity and build quality are critical.

Antoine Gittany, Managing Director at Dilcara, said the project reflects a shared commitment to quality and design excellence.

“The Rushcutters is a design-led development in one of Sydney’s most prestigious harbourfront precincts,” said Gittany.

“We’re proud to be partnering once again with Third.i Group and NPACT and look forward to delivering a project that reflects the quality and architectural intent of the design.”

Positioned between Rushcutters Bay Park and Potts Point, the development offers immediate access to Sydney Harbour, established dining and lifestyle precincts, and public transport links to the CBD.

The location is widely regarded as one of the city’s most desirable residential enclaves, combining waterfront proximity with inner-city convenience.

With demolition now underway, construction is set to commence mid-year, with completion expected to coincide with sustained demand for premium residential stock in Sydney’s tightly held eastern suburbs.

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Dilcara Appointed as The Builder for The Rushcutters Luxury Residential Development

Leading NSW builder and iCIRT-rated contractor Dilcara has been appointed as the construction partner for The Rushcutters, a newly launched luxury apartment development by Third.i Group in partnership with NPACT. Located in the prestigious suburb of Rushcutters Bay, the project sits within Third.i Group’s boutique residential portfolio, part of a broader and diverse pipeline of developments.

The appointment continues a long-standing collaboration between Third.i Group and Dilcara spanning more than 15 years, encompassing a diverse portfolio of boutique residential and commercial projects across Sydney. Dilcara is also currently delivering Third.i Group’s Muse development in Potts Point, due for completion in the coming months.

Located at 51-57 Bayswater Road, The Rushcutters is a boutique collection of 13 residences, featuring a selection of expansive three-bedroom units and a rare full-floor penthouse offering an exceptional level of space, privacy and luxury. Residences are priced from $4.5 million, befitting the scale and calibre of this project.

The project has been designed by Woods Bagot, blending refined modern architecture with subtle references to the area’s Art Deco heritage, reflecting the character of its harbourside setting while delivering a contemporary, high-end living experience.

“The Rushcutters is a meticulously crafted project and an important part of Third.i’s boutique portfolio, and selecting the right builder was critical,” said Luke Berry, Co-Founder of Third.i Group. “Dilcara’s attention to detail, collaborative approach and consistent performance across our past projects gave us complete confidence in their ability to deliver.”

In the current environment of rising construction costs and ongoing market volatility, Dilcara’s disciplined procurement approach and long-standing subcontractor relationships have been key in maintaining cost certainty and programme confidence across Third.i Group’s projects.

Dilcara will oversee all construction works for The Rushcutters, drawing on their experience across premium residential projects in established urban locations.

Antoine Gittany, Managing Director at Dilcara, said the project reflects a shared commitment to quality and design excellence. “The Rushcutters is a design-led development in one of Sydney’s most prestigious harbourfront precincts. We’re proud to be partnering once again with Third.i Group and NPACT and look forward to delivering a project that reflects the quality and architectural intent of the design.”

Positioned between Rushcutters Bay Park and Potts Point, the development offers residents immediate access to Sydney Harbour, established dining and lifestyle precincts, and excellent transport connections.

With demolition now underway, construction is set to begin mid this year.

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Elevate at Hume Place, above Crows Nest Metro, reaches detailed design milestone

Third.i Group and joint venture partner Phoenix Property Investors (PPI) have secured detailed design Third.i Group and joint venture partner Phoenix Property Investors (PPI) have secured detailed design approval from the Independent Planning Commission (IPC) for Elevate at Hume Place, a landmark, state‑significant mixed-use residential development positioned directly above the Crows Nest Metro Station.

This latest approval builds on the project’s existing stage one planning consent and marks a major milestone in the delivery of Elevate at Hume Place. It confirms the detailed design of the building within the already approved planning envelope, paving the way for construction to commence and giving purchasers and the broader market added confidence in the project’s progression.

Throughout the detailed design process, Third.i Group worked closely with the IPC, Sydney Metro, its consultant team and relevant Government stakeholders to refine the building outcome, ensuring Elevate responds sensitively to its urban context whilst at the same time maximises its development footprint above one of the NSW’s key pieces of transport infrastructure. 

This process has enabled the creation of some of the best one, two & three bedroom apartments in Crow’s Nest along with the introduction of an additional level of parking, providing the Elevate community with valuable off‑street parking while enhancing accessibility and convenience for residents.

Elevate at Hume Place is the first development of its kind to be delivered by Third.i Group and PPI in partnership with Sydney Metro, reflecting the group’s capability and trusted position as a delivery partner for complex, infrastructure‑led projects alongside Government. The Hume Place precinct will also include a component of affordable housing and build to rent (BTR) apartments which is currently pending a separate planning approval outcome.

With direct access to the Sydney Metro, Elevate residents will benefit from travel times of just seven minutes to the CBD and four minutes to Chatswood, positioning the development as one of the most connected residential addresses on the Lower North Shore.

The project will deliver 122 one-, two- and three-bedroom apartments, including a selection of premium three bedroom penthouses known as ‘Sky Homes’, designed by internationally acclaimed architecture firm Woods Bagot. Residents will have access to a suite of amenities including a rooftop terrace with panoramic city views, swimming pool and wellness facilities, private gym, concierge services and communal spaces.

Florian Caillon, Partner & Head of Acquisitions at Third.i Group, said the detailed design approval reinforces the significance of the project and Third.i Group’s ongoing partnership with Government.

“Securing detailed design approval for Elevate at Hume Place is a defining moment for Third.i and a clear signal that this project is moving into its next phase of delivery,” Caillon said.

“This project sets a new benchmark for how integrated residential metro development can be delivered in direct alignment with major transport infrastructure. Being selected to deliver a project directly above a Metro station is a rare opportunity and a responsibility we take seriously. It allows us to create a living experience intrinsically connected to how people move, work and live, while also delivering enduring value for residents and the broader community.”

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The pocket neighbourhood that boasts fine dining, art deco architecture and celebrity spotting

Potts Point has always marched to the beat of its own drum, and that’s exactly why it still attracts a beautiful blend of the well-heeled and well-read looking for a prestige pocket, creative types in search of artistic inspiration and the bohemian originals who found it all first.

Just east of the Sydney CBD and hugging the edge of Kings Cross, this tightly packed neighbourhood delivers some of the city’s best architecture, dining and nightlife, all wrapped up in a leafy, walkable village that feels a world away from the corporate city skyscrapers down the hill.

Set on the traditional lands of the Gadigal people, Potts Point was originally known as Derrawunn. Over the years, it’s worn many hats, from elite colonial address to bohemian playground, from risky red-light reputation to one of Sydney’s most prestigious inner-city postcodes.

Homes with history, and what’s next

Architecture in Potts Point is dominated by Art Deco apartments, heritage terraces and grand old buildings that have been lovingly restored or reimagined.

Standalone houses are rare and tightly held, which is why boutique apartment living has become the go-to for buyers who want the lifestyle without the upkeep. Downsizers, professional couples and long-term locals all gravitate toward quality, well-designed homes that feel part of the neighbourhood.

And that’s where the suburb’s next chapter comes in.

Muse at Potts Point

Set on Brougham Street, Muse Potts Point is one of the most talked-about new developments in the area, and it’s easy to see why.

Developed by Third.i Group in partnership with Toohey Miller and designed by WMK Architecture, Muse is deliberately boutique: just 13 luxury residences, each designed to slot neatly into Potts Point’s heritage streetscape rather than dominate it.

The mix of one-, two- and three-bedroom apartments includes private terraces, city and harbour views and high-end finishes throughout such as Wolf and V-Zug appliances and statement Viabizzuno lighting.

Director & Co-Founder, Third.i Group Luke Berry said of the project:

“With elevated, gun barrel views of over the parks and iconic CBD skyline to Sydney Harbour Bridge and beyond, we’re creating something truly unique for the Potts Point community. All only moments to the city, beaches and harbour.”

Potts Point is one of Sydney’s most desirable inner-city pockets: affluent, densely lived-in, culturally rich and fiercely proud of its history. New developments are selective, demand is strong, and the community is protective of what makes the suburb special.

That’s the magic of Potts Point. It evolves, but never at the expense of its bohemian soul.

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‘A new standard’: Third.i breaks ground on $300m Merewether over-55s project

Construction on Third.i Group’s delayed retirement living development at Merewether Golf Club is officially under way.

The property developer broke ground on the site of the 178-unit Merewether Residences this week, with the project due for completion in mid-2027.
The one-hectare site includes one-, two- and three-bedroom luxury apartments across four six-storey buildings.

Third.i Group director and co-founder Luke Berry said the project will set a new standard for over-55s living.

“This project is more than just a development, it’s a community,” Mr Berry said.

“The Merewether Residences will set a new standard for over-55s living, blending luxury, convenience, and social connection.

“The overwhelming response we’ve seen so far confirms that this is exactly what the market has been waiting for.”

More than half of the apartments have been sold to a value of more than $100 million.

“With construction started and an end date in sight, we expect it will give buyers more confidence about the project – we’re particularly seeing an increase in buyers and inquiries from Sydney, a sign of the strength of the project,” he said.

The official start of construction follows the demolition of the former Merewether Golf Club clubhouse.

Temporary clubhouse facilities have been established to ensure members can continue to enjoy the club’s amenities without interruption.

The golf course will remain fully operational throughout the entire construction period.

Construction will be led by Decode Group, which is also delivering Third.i’s Dairy Farmers Towers project in Newcastle West.
“We’re proud to partner with Third.i on The Merewether Residences,” Decode chairman and founder, Sam El Rihani, said.

“This development represents the future of retirement living: sophisticated, sustainable, and community-focused.”

Resort-style amenities include a health and wellness space, a swimming pool, a cinema, a sports bar and the new clubhouse for Merewether Golf Club members and apartment residents.

The approved breakdown of apartments includes 12 one-bedroom, 121 two-bedroom and 29 three-bedroom apartments.

The development also has eight two-bedroom and eight three-bedroom penthouses designed by architect Eugene Marchese and overseen by EJE Architecture.

Merewether Golf Club members gave the green light for the 148 apartments to go ahead six years ago, and state planning authorities approved a development application in 2021.

Third.i hoped to begin work on the development in 2022; however, rising construction costs delayed the project.

Amended plans approved this year included the addition of an extra level to accommodate a further 38 units.

In April, Third.i announced a partnership with real estate investment trust Dexus to develop The Merewether Residences with its opportunistic fund series, Dexus Real Estate Partnership.

Mr Berry said the joint venture was the “final piece of the puzzle” in getting the project under way.

“We are one of their first major investments outside their traditional investments in office, and into the living sector,” he said.

“What it means for the people who have bought and hung in there after all these challenging years is we’ve now got the final piece of the puzzle.”

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The new urban oasis: 7 Sydney apartment pools creating a sanctuary in the city

Swimming pools are an increasingly popular addition to Sydney apartment buildings as buyers seek resort-style living in the inner city.

Whether it’s a sparkling sky-high pool boasting iconic harbour views or an infinity pool where the water’s edge merges into the city skyline, luxury swimming pools being constructed in new apartment buildings across Sydney are making a splash.

While a swim provides cool relief on a hot day, these pools are also set to be architectural masterpieces in their own right, complemented by further wellness offerings. With bold and sleek designs, they promise residents a quiet retreat amid the din of the city.

The Rushcutters, Rushcutters Bay

Splashing about the beautifully tiled pool at forthcoming boutique Sydney enclave The Rushcutters, it’d be hard not to feel like you’re on top of the world.

It doesn’t get more exclusive than your own pool with a view. Image: realestate.com.au


The private rooftop pool will part of the penthouse, one of 13 residences in the Rushcutters Bay development, wedged between Rushcutters Bay and Potts Point and just minutes from the CBD. As well as panoramic views, the serene sky-high retreat promises alfresco dining, barbecues and pristine gardens.

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Sydney’s top 15 new apartments developments set to launch in 2026

Sydney’s apartment market is entering a new era of design ambition and buyer confidence. With construction pipelines stabilising and population pressures intensifying, 2026 is shaping up as a year defined by carefully curated, design-led projects that respond to both market demand and evolving lifestyle expectations.

From harbourside precincts to revitalised urban centres, the next wave of development reflects how Sydney is reimagining density—prioritising liveability, sustainability, and long-term quality. Many of these projects are backed by developers with proven track records and strong financial credentials, signalling a more mature and resilient off-the-plan landscape.

Here are 15 of the best developments to watch in 2026.

What: Gladesville Village

Where: Gladesville

Who: Third.i

Diversified developer Third.i is targeting a 2026 launch for Gladesville Village, subject to planning approvals.

The precinct will transform an overlooked pocket of Sydney into a vibrant urban village with around 500 new one-, two-, and three-bedroom apartments. Located within Hunters Hill Council’s renewed Gladesville Village Masterplan, the project will deliver a much-needed revitalisation of a key town-centre site.

At its heart is 4,500 sqm of public open space, designed by Arcadia, featuring terraced gardens, play areas, and shaded seating to support community activity day and night.

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Deicorp, Hyecorp, Thirdi Shortlisted for St Leonards Site

Deicorp, Hyecorp Property Group and Thirdi Group have been shortlisted by the NSW Government to develop a St Leonards site with potential for more than 400 homes.

The 3301sq m site at Herbert Street, near the Royal North Shore Hospital, was identified as surplus to requirements by an ongoing audit of government lands, and was first offered to Landcom and Homes NSW.

When those government development agencies passed on the offer, expressions of interest were sought and received from nine commercial developers.

A tower of up to 62 storeys is permitted. The site is within the Crows Nest Transport Oriented Development zone, which means a minimum 15 per cent affordable housing is mandated. 

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