The $450 million project will deliver at least 200 build-to-rent units specifically for essential workers such as health workers, paramedics, teachers, police officers, and firefighters, with rents offered at below-market rates.
The development will also include approximately 300 additional units, comprising private residences and affordable rental housing options.
The strategic location near Royal Prince Alfred Hospital makes it an ideal spot for healthcare workers, while excellent transport links and proximity to education centres enhance its appeal for other essential workers.
Premier Chris Minns said there was an urgent need for this development.
“Essential workers are feeling the impact of the immense cost of housing and many can’t afford to live near their jobs,” Mr Minns said.
“That’s why our plan is delivering this well-located, secure and accessible rental housing for the essential workers who keep Sydney running.”
The project represents the first successful implementation of the NSW Government’s Land Audit initiative, which aims to identify and repurpose unused government land for housing development.
Construction is expected to commence in 2026, with the first residents moving in around 2028.
Minister for Housing Rose Jackson said there were broader implications of the project.
“This is about providing much-needed affordable housing for the next generation of Sydneysiders so they can continue to live and work in their local areas,” Ms Jackson said.
“Key workers are being priced out of their own communities, making it harder to build a future where they live and work.”
The development will feature ground-floor retail spaces, landscaped outdoor areas, and new pedestrian links, contributing to the neighbourhood’s overall vibrancy.
Landcom, the government’s developer, is already investigating additional sites as part of the broader essential worker housing program.
Inner West Council Mayor Darcy Bryne expressed strong support for the initiative.
“We desperately need more affordable housing for essential workers in the Inner West and this project will make a real dent in the problem,” Mr Bryne said.
“The new rental homes in Sydney’s Inner West will ease the pressure on essential workers employed nearby, providing greater housing choice, security and affordability, improving quality of life,” Minister for Planning and Public Spaces Paul Scully said.