A major residential and retail development is set to reshape Kensington, with 142 new apartments rising on Anzac Parade, directly adjacent to a light rail stop. The project, called The Kensington, is being delivered by TOGA, a long-standing Sydney developer, in collaboration with DASCO, a 4.5-star iCIRT-rated builder.
Designed to cater to both owner-occupiers and investors, the development is attracting interest from professionals, health workers, and students due to its close proximity to Prince of Wales Hospital, UNSW, and Centennial Park.
A Well-Connected New Community
Kensington has been undergoing a shift towards a higher-density, mixed-use precinct, as outlined in the Kensington and Kingsford Town Centres Development Control Plan. The Kensington development reflects this vision, integrating residential, retail, and communal spaces in a prime location.
With a light rail stop at its doorstep, residents will have direct access to Moore Park, Central Station, and the Sydney CBD. The area’s increasing connectivity and proximity to key employment and education hubs make it a sought-after location for a diverse range of residents.
Apartments Designed for Modern Living
Unlike many Kensington developments that focus on student accommodation, The Kensington is designed with owner-occupiers and professionals in mind. More than 75% of apartments will be two- and three-bedroom units, larger than the typical inner-city apartments.
A unique feature of the project is the SoHo (Small Office/Home Office) apartments, which offer a split-level layout. These units provide a ground-level workspace with an independent studio-style living area upstairs, appealing to those who work from home or want a separate rental opportunity.
The apartments have been designed to maximise natural light, with north, west, and east-facing layouts. 20% of units will be adaptable, offering greater accessibility and flexibility for buyers.
Retail and Public Spaces Enhance Community Appeal
A key feature of TOGA’s developments is the integration of retail spaces, and The Kensington is no exception. The seven ground-floor retail spaces will bring new dining, shopping, and lifestyle options to the area. Additionally, plans for a new laneway will create improved pedestrian access and enhance connectivity between Anzac Parade and surrounding streets.
Residents will also have access to rooftop communal spaces, including a BBQ and dining area, flexible activity zones, and gardens designed to promote community interaction and well-being.
Construction and Market Outlook
With construction underway by DASCO, The Kensington is expected to be completed in early 2026. The partnership between TOGA and DASCO provides buyer confidence, as both companies hold iCIRT certifications, a quality benchmark in the property development industry.
Market conditions also indicate strong rental demand in Kensington. Investors have shown increased interest, particularly with expectations of interest rate cuts in 2025 and 2026, which could further drive demand for new apartments.
Published 18-March-2025