Multi-award-winning developer and builder, Coronation Property (‘Coronation’), has lodged plans for a vibrant mixed-use Build-to-Rent (BTR) project in inner-city Waterloo – cementing its position as the country’s leading BTR developer.[1]
The development – part of Coronation’s $4.8 Billion pipeline – will deliver over 850 fully- furnished apartments, with over 70 earmarked as affordable housing for essential workers, alongside 2,500 sqm of retail, landscaped parkways, and an artist-in-residence program to embed culture at the heart of the precinct. A range of apartment types will provide housing diversity, providing greater opportunity for young people and single occupants to live in a location close to employment and amenities.
Strategically located on Danks and Young Streets, the project sits just 4km from the CBD and is close to the new Waterloo Metro, Green Square, major hospitals and leading universities – positioning it as a blueprint for how BTR can unlock housing supply in Sydney’s most pressured precincts.
Coronation’s Managing Director, Joe Nahas, said Waterloo represents a defining moment for BTR in NSW.
The project will be operated by Coronation’s stand-alone BTR platform, Nation, which is redefining renting in Australia through hospitality-inspired service, proprietary digital technology, and curated lifestyle programming.
Nation’s General Manager, Charlotte Dillon, said the precinct will set a new standard for inner-city rental living.
“We’ve seen first-hand at Mason & Main and Charlie Parker that people want more than a lease. They want connection, service and certainty. That’s what Build-to-Rent delivers, and that’s what we’re bringing to Waterloo, a place where renting feels like home, not compromise,” she explained.
Aras Labutis, Coronation’s Head of Urban Transformations, said the project exemplifies the Company’s expertise in precinct renewal.
“This is one of the last major opportunities within inner-city Sydney. We’re transforming an underutilised industrial site into a vibrant, mixed-use neighbourhood that will deliver housing diversity, curated activation including the artists in residence program, affordable homes for essential workers, and open space for the wider community.”
Waterloo builds on the success of Coronation and Nation’s earlier BTR projects, Charlie Parker in Parramatta City and Mason & Main in Merrylands, which both achieved rapid lease-up and strong resident satisfaction. With nearly 1,500 new apartments launching across Sydney in the next two years and over 4,800 in the pipeline, Nation is spearheading the BTR movement in Australia.
Coronation has lodged a State Significant Development Application (SSDA) for Waterloo, which subject to planning approval, is targeted for completion in late 2027 to early 2028.
About us:
About Coronation
Coronation Property is a privately owned, vertically integrated property group specialising in mixed-use precincts, residential, retail, commercial, Build-to-Rent and hotels. With placemaking at its core, Coronation creates neighbourhoods that combine design excellence with long-term community value. Completed projects include The Paper Mill precinct in Liverpool, Mason & Main in Merrylands, and Charlie Parker in Parramatta. Current projects include Ashbury Terraces, 8 Phillip Street in Parramatta, Erskineville, and Moore Point in Moorebank.
coronation.com.au
About Nation
Nation is Coronation Property Group’s Build-to-Rent division, created to redefine what it means to rent in Australia. With a sharp focus on design, service and sustainability, Nation delivers homes that feel less like stopgaps and more like sanctuaries. Its developments combine architectural ambition with fully integrated technology, curated amenities, and hospitality-grade service, all designed around how people actually live.
With nearly 1,500 new apartments launching across Sydney in the next two years, and over 4,800 in its national pipeline, Nation is not just participating in the Build-to-Rent movement, it’s leading it. From Parramatta to Waterloo, Nation is building connected, community-first neighbourhoods that raise expectations and return dignity to the rental experience.
Contact details:
For media enquiries, please contact:
Richard Lenarduzzi, Premier Communications Group
M: +61 411 254 390.