Six-Building Stage Approved for $5bn Sekisui House Plan

A six-building scheme, part of a $5-billion masterplan by developer Sekisui House Australia, has been approved for Sydney’s north-west.

Sekisui House’s Dawn project is Stage 5 of its Melrose Park masterplan. It was filed with the Sydney Central City Planning Panel in March of last year.

The developer said the approval of the 368-apartment stage was a “significant milestone” in the wider Melrose Park North project. 

Stage 5 is also the first project under a joint venture between Sekisui House and Hankyu Hanshin Properties, a Japanese real estate developer founded in Osaka and expanding globally. 

Hankyu Hanshin’s other interests in Australia include 60 Margaret Street in the Sydney CBD as a third-party investor via Mitsubishi Estate and AsheMorgan Investments’ “value-added” fund, which paid $779 million for the Sydney office tower, as well as Logos’s Australia Core properties portfolio.

The six buildings of Stage 5 will range from six to 10 storeys.

The apartments will be of two and three bedrooms as well as penthouses. There will be basement parking for 499 cars.

▲ The project has an estimated end value of more than $320 million.

Designed by GroupGSA, the project includes an almost-2ha internal central courtyard garden and link bridges, as well as Central Park that includes walking tracks, barbecue and picnic areas, and children’s play facilities. 

A thorough-site link is planned to connect Central Park and the Western Parklands for access to community facilities, retail precincts and future transport hubs, while a new high school is also part of the masterplan.

The site is near the Melrose Park Town Centre, which is due to complete at the end of 2026,  and has access to Parramatta Light Rail Stage 2.

Melrose Park in Sydney’s growing Parramatta region has been attracting significant development in recent years including Deicorp being approved for 1200 apartments in 2023, Holdmark Property Group’s Melrose Park West plans for 1300 unitsfiled last year, and other projects by Sekisui House including a triple-tower application, submitted last year.