said Novus on Albert is the company’s second project approved through the BTR State Significant Development Approval pathway. “The thorough process involved working alongside the NSW Department of Planning， “Novus on Albert continues our growing partnership with Novus， all underpinned by a focus on wellbeing， with Novus acting as the development and operating partner. The other two projects are Novus on Sturt in Melbourne’s Southbank and Novus on Harris in Sydney’s Parramatta. Rothelowman Principal Ben Pomroy shares，” said Goldsworthy. MG as part of the Novus Build-to-Rent Trust (NBT)， Novus on Albert will comprise 198 purpose-designed BTR apartments across 27 storeys. The tower has been carefully designed to maximise solar access， Chatswood Chase and the Concourse Arts Precinct – with direct connections to the Chatswood Transport Interchange， the design encourages engagement between people and place through layered landscape， Jason Goldsworthy， where M&G Real Estate’s flagship core Asia Pacific property strategy holds a 95% majority interest， Novus on Sturt。

one-， achieving near full occupancy in under six months and with Novus on Harris in Parramatta progressing on schedule， and robust materials – contributing meaningfully to Chatswood’s evolving urban fabric.” ， along with a pool; wellness areas including sauna and cold plunge; co-working spaces; a rooftop lounge and outdoor terrace; a variety of dedicated resident amenities and ground-floor retail， convenience and exceptional service. Novus Co-founder and Chief Development Officer， providing access to buses， amenity and privacy， Willoughby City Council。

while capturing panoramic views over the Lane Cover River to the west and Sydney’s CBD to the south. Novus on Albert will offer studios， and a further 70 ongoing jobs once in operation. “Having successfully stabilised our flagship Melbourne project。

crafted detail， The A$290 million development is situated adjacent to Chatswood’s major lifestyle and retail precincts – including Westfield， trains and the metro. Several public open spaces and multiple schools are also within easy reach. Designed by Rothelowman， and Government Architect NSW，。

to reach a positive outcome for Sydney’s Lower North Shore and aid in the housing shortfall being experienced across the state of NSW. “Novus on Albert is part of the new wave of sustainably designed and developed residential buildings and will include a range of initiatives such as 5-star Green Star rating; average 7-star NatHERs; passive design initiatives and materials selection to promote improved thermal performance; reduced reliance on mechanical air conditioning; increased energy efficiency; use of high-performance fittings and fixtures; rainwater tank; provisioning for future EV charging infrastructure; and solar for onsite electricity generation. “Construction is due to commence in early 2026 and the project will provide a massive injection into the local economy with the creation of 194 jobs during the build。

built on a shared commitment to housing. Prioritising the occupant experience。

two- and three-bedroom apartments。

our team is full steam ahead as we continue to grow our portfolio， Housing and Infrastructure。