Operators have the chance to buy or lease four retail tenancies in new Sydney waterfront destination

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Abadeen & Perifa are teaming up with SJB Architects to produce a truly masterful experience in a premium location

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Shopping Centre News

May 29 2024

5min read

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A significant master-planned mixed-use precinct on the waterfront in Putney is set to provide a unique opportunity for a range of parties with the retail component coming up for sale or lease.

A hidden harbour front gem, Putney Wharf has a rich history and is being reincarnated as a landmark destination that will combine heritage elements with a mix of premium residential, dining and a 36-berth marina.

The property is well connected via major arterial roads to the Sydney CBD, while also being just a 10-minute walk to Kissing Point Ferry Wharf and regular RiverCats to and from Circular Quay.

Businesses have the chance to lease or buy one of four retail tenancies across a total of 1,346m2 of space, with permitted uses including business premises, food and drink premises, kiosks, marinas, and shops. Tenancies range in size from 226m2 to a large 534m2 double storey waterfront tenancy.

The Colliers team of Trent Gallagher and James Cowan are handling sales on behalf of the vendors, Abadeen & Perifa, while James Strang, Henry Slack-Smith and Michael Tuck will oversee the leasing component.

“This is an opportunity to be a part of the finest mixed-use development that Putney will ever see. The location of the site is unprecedented with over 200 metres of frontage to the water and a proposed 36 berth marina that all the retail offerings can benefit from,” Gallagher said.

Master-planned Putney Wharf development blends heritage and luxury

“This rare waterfront site provides opportunity to build retail scale in an underserviced retail location where the median house price sits above $3,600,000. As such, we expect broad retail interest,” Cowan added.

“We are thrilled to announce the launch of the Putney Wharf retail precinct, a premier destination combining luxury living with vibrant retail and commercial spaces. Designed to create a seamless blend of convenience and sophistication, Putney Wharf promises to be a bustling hub for residents and visitors alike,” Strang said.

With a total site area of 15,870m2, other features of the development include 67 luxury residential dwellings, a 36-berth marina and adjacent basement parking with space for 207 cars.

Construction is due for completion in Q4 2026, with Abadeen & Perifa teaming up with SJB Architects to produce a truly masterful experience in a premium location.

The history of the Putney foreshore is incredibly interesting. It was once home to James Squires’ farm and Australia’s first brewery, before later in the 1940s becoming a central part of Australian boating with the launch of Lars Halvorsen Sons, Australia’s premier boat building company.

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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