PERIFA takes over Balmain Leagues Club site for Rozelle Village development
PERIFA, the Sydney-based end-to-end property developer and part of Versatile Group, alongside investment partner Mitsubishi Estate Asia (MEA) has acquired the former Balmain Leagues Club site to develop the approved Rozelle Village.
Plans for a vibrant, mixed-use, cultural and community-focused precinct had been drawn up by Studio.SC by the former landholder Heworth Holdings.
PERIFA and MEA are now accelerating the plans for the $800 million Rozelle Village that will comprise a mix of premium private residences and affordable housing, alongside commercial, retail, communal open spaces and a long-awaited new home for the Wests Tiger’s Leagues Club.
The landmark 7,330 sqm site has been derelict and closed to the community since 2010.
Fabrizio Perilli, Co-Founder and Managing Director, PERIFA, said they are delighted to embark on a new era for the site with their partners Mitsubishi Estate Asia.
Our shared vision for Rozelle Village is to create a mixed-use precinct that is thoughtfully designed and caters to new residents and the community alike. It will be a major meeting place for the community, that embraces the unique character of the Balmain/Rozelle peninsula, while helping to shape its next chapter.”
Perilli says the Balmain Leagues Club in Rozelle, which closed in 2010 to make way for the NSW Government Metro Transport Project, was once a hub for local families to come together and enjoy entertainment and hospitality. But for too many years the community has had to put up with a derelict site on their doorstep.
“We are proud to be delivering a precinct that will not only revitalise the area through the delivery of thriving new public spaces, high-quality apartments, well-considered retail and community facilities, but offer a considerable contribution to Sydney’s chronic lack of housing."
Rozelle Village has been designed by local architecture practice Studio.SC, formerly Scott Carver, with interiors by SJB and landscaping by Arcadia. It will include a mix of one, two, and three-bedroom apartments and penthouses, with views of the Sydney skyline and Sydney Harbour, a village square, including a range of new food and hospitality venues, a community art studio and a retail precinct anchored by a full-line supermarket; a first for the peninsula.
Located at the intersection of Victoria Road and Darling Street, pedestrian access to the precinct will be enhanced by a series of activated laneways leading to a 1,444 sqm town plaza.
Demolition at the site is nearing completion, with the project currently progressing through a State Significant Development Application process. Versatile Construction will commence main building works by the end of Q2 2025, with project completion anticipated in 2028.
CBRE will be handling the sales of Rozelle Village.
David Milton, Managing Director Residential Projects at CBRE calls it an "iconic site which is much loved in the local community."
"We’ve seen lots of interest already and we’re very excited to bring Rozelle Village to market.”
