Joint venture developers Abadeen and PERIFA, together with partners Phoenix Property Investors and Mitsubishi Estate Asia, have achieved $45 million in sales in the latest residential stage, Waterview Terraces, at their landmark $350 million Putney Wharf Residences mixed-use harbourfront development.
Significantly, nine terraces have been sold, priced from $4.5 million, out of the 18 available.
Occupying a rare 300-metre stretch of absolute waterfront and home to the historic former Halvorsen’s Boatshed at 20 Waterview Street, Putney Wharf Residences will deliver a premium, lifestyle-focused precinct. The masterplanned development will include 67 luxury apartments and townhouses, sophisticated waterfront dining and retail, and a 36-berth marina, creating one of Sydney’s most desirable waterfront communities.
Stage 2 has introduced an exclusive boutique collection of 18 four bedroom, three and four storey terraces, designed to maximise natural light and deliver seamless indoor–outdoor living. North-facing and sun-drenched, the terraces line Waterview Street and are surrounded by leafy canopies, offering a rare combination of privacy, tranquillity and connection to nature.
Managing project marketing and sales at Putney Wharf, SRM Residential, Partner, Tim Rees said the team was delighted to see the market respond with local downsizers eager to secure a house-sized terrace which he noted are a rarity in any part of Sydney, let alone on the water in a secluded, picturesque pocket of Putney.
“Residents at Putney Wharf have access to a spectacular waterfront peninsular, ideal for walking or jogging along the boardwalk, sailing or simply enjoying a meal and a beverage at the new waterfront restaurant and café that will open within the fully restored Wharf precinct. It will truly offer a fabulous lifestyle,” he said.
“The Waterview Terraces represent the most premium residential opportunity within the Putney Wharf precinct. Following the overwhelming success of the first stage, The Halvorsen Boatshed apartments, we anticipated a similarly strong response to these exceptionally rare, architecturally crafted terrace homes,” Mr Rees said.
The Waterview Terraces are priced starting from approximately $4.5 million for a three storey, four-bedroom property with two car spaces.
Justin Brown, Executive Chairman and Founder of Abadeen said, “We’re incredibly pleased with the overwhelming sales result of the Waterview Terraces at Putney Wharf. The strong demand reflects the market’s confidence in the quality, design, and lifestyle offering we’ve delivered. It’s a testament to the team’s vision and execution, and we’re proud to see this project so well received by the local community.”
“These beautifully designed residences, brought to life in collaboration with globally recognised architects SJB and Adam Haddow, offer a refined lifestyle inspired by their unique proximity to the waterfront.”
Having been disused and closed to the public for several decades, the regeneration of the Putney Wharf Residences precinct is an important restoration project for the community.
PERIFA Managing Director and Co-Founder Fabrizio Perilli commented: “Putney is a hidden harbourside gem, and the Waterview Terraces mark an exciting next chapter in the evolution of Putney Wharf Residences. This next premium residential stage offers a rare opportunity to live in a masterplanned precinct that’s redefining waterfront living – much like the iconic Woolloomooloo Wharf – where exceptional design, dining, and lifestyle come together in one of Sydney’s most tightly held waterfront locations.”
Construction on the Putney Wharf precinct is expected to be completed by 2027.
The third and final residential stage of Putney Wharf comprising The Residences at Putney Wharf, will come to market in February 2026 and consists of two new-build three-storey apartment buildings, offering 30 apartments; a mix of two-bedroom and three-bedroom apartments with water views over Sydney Harbour to Rhodes and Ryde Bridge.
Enquire today to book your VIP appointment. For further information, please visit www.putneywharf.com.au or call SRM Residential on 1800 572 020.
