Perifa’s Rozelle Village receives State Significant Development Application Approval

Perifa, a Sydney-based end-to-end property developer and part of Versatile Group, together with investment partner Mitsubishi Estate Asia (MEA), has received State Significant Development Application (SSDA) approval for its landmark mixed-use precinct in Sydney’s Inner West, Rozelle Village. 

The approval marks a major milestone in the revitalisation of the former Balmain Leagues Club site, paving the way for construction to commence imminently. Following SSDA approval, the development of Rozelle Village will deliver a total of 227 dwellings, of which 59 will be allocated to affordable housing, reserved for essential workers, helping to address the State’s housing crisis.  

The 16-storey mixed-use development will feature bespoke retail, hospitality and community offerings, along with expansive public spaces and a new home for the new Community Club. 

Set to transform the long-abandoned site in Sydney’s Inner West, Rozelle Village has been designed to foster community connection and celebrate the unique character of the area. With architecture by Studio.SC, interiors by SJB and landscaping by Arcadia, the precinct will feature a collection of one, two and three-bedroom apartments and penthouses, a 1,444sqm public plaza, and activated laneways connecting Victoria Road and Darling Street. 

Fabrizio Perilli, Co-Founder and Managing Director of PERIFA, said: “Receiving SSDA approval is a critical and exciting step forward in delivering our vision for Rozelle Village. It's finally time for this site to see its potential realised. This is a massive achievement, not just for the Rozelle Village development, but for Sydney housing in general, and for the local community. It’s so important that mixed use projects like these are approved in good time, to provide the people of Sydney with the quality housing they so desperately need and with open, community spaces and well-curated retail amenity for everyone to enjoy.” 

“We’re now focused on moving ahead with our vision for Rozelle Village, deploying Versatile Group’s end-to-end development capabilities to bring to life a precinct that creates beautiful spaces not just for those who will live here, but for the wider Rozelle and Balmain communities to enjoy.” 

Yosuke Matsunaga, Head of Australia at Mitsubishi Estate Asia, said: “We’re proud to continue our partnership with PERIFA and excited to deliver Rozelle Village as a legacy project for the area. The approval represents the culmination of a lot of planning and collaboration, and we look forward to bringing it to life and offering an elevated lifestyle to the community.” 

Rozelle Village is PERIFA and MEA’s second major joint project in Sydney, following Putney Wharf Residences. Both developments reflect a shared commitment to creating high-quality, community-focused mixed-use precincts with long-term value for both new residents and the existing Rozelle community. 

Demolition works at the 7,330sqm site will be completed in May 2025. Led by Versatile Construction ground works are commencing imminently, and main building works is expected to commence in Q3 2025. Completion is anticipated in 2028. 

For further information, please contact: 

DEC PR on behalf of Versatile Group and PERIFA  

versatilegroup@decpr.com.au

About Perifa

Perifa is a private real estate development and investment business headquartered in Sydney. It is part of Versatile Group, a 50-year-old, full service real estate and construction entity that also houses Versatile Construction, Absolute Tiling and Stone, Procure Build, Gavel Co, Versatile International, Roel Capital and Asheil. The company’s integrated approach ensures the highest level of quality is delivered at every step of the journey, from conception to completion. 

It's commitment to innovation, attention to detail, and sustainable practices ensures that every project Perifa undertakes is a unique and enduring expression of mastery and quality. 

Perifa has recently launched its development project, Putney Wharf, alongside project partner Abadeen and equity partners Mitsubishi Estate Asia and Phoenix Property Investors.    

About Mitsubishi Estate Asia

Established in 1937, Mitsubishi Estate Co., Ltd. (“MEC”) has a long history of excellence as one of the largest comprehensive real estate companies operating a global spectrum of businesses in diverse fields related to real estate.

MEC, through its subsidiary Mitsubishi Estate Asia Pte. Ltd. (“MEA”), has been developing premium projects in Australia for the past 9 years and created a diversified portfolio with an end value of over A$10 billion.

During this period, MEA has established itself as Australia’s pre-eminent foreign developer of luxury apartments where, with our partners, we continue to deliver the highest quality homes for our Australian customers.