Ambitious development creating a new iconic destination in Perth

Golden SedayuAdvertiser Content
Artist’s impression of a bedroom in a Somerset West apartment.
Camera IconArtist’s impression of a bedroom in a Somerset West apartment. Credit: Supplied.

Perth’s new landmark development is a step closer to being delivered as work at the multi-billion-dollar Burswood Point project advances.

Perth-based developer Golden Sedayu has already spent nearly $200 million on progressing the project, which will host 4500 new residences and 91,000sqm of retail and commercial space only 3.5km from the Perth CBD.

The 38-hectare development on the Burswood Peninsula has drawn strong interest from local and international buyers, attracting more than $100 million in presales for its Somerset West tower and green-title houses.

Designed by DKO, the 17-storey Somerset West tower will host 93 apartments, an infinity pool overlooking Swan River, an observation deck, a barbecue area, a gym and a cafe.

Since officially opening its sales to the public in April, Somerset West is more than 40 per cent sold, with many buyers securing their apartment before new pricing takes effect from Monday July 1.

Golden Sedayu Managing Director Andrew Sugiaputra said the level of interest was beyond his expectations.

“This project goes beyond a housing development,” he said.

“It will transform the Burswood Peninsula and create a new iconic destination.

“Every aspect of Burswood Point has been thoughtfully designed to enhance the quality of life for its residents.

“From luxury amenities to beautifully landscaped parklands, our goal is to make this development a benchmark in urban living.”

Somerset West is expected to be delivered in early 2027, with piling works due to begin later this year.

Among other progress at Burswood Point, construction recently began on the main boulevard, with Golden Sedayu allocating $20 million for the work.

In addition, a further $30 million will be spent on the foreshore and $50 million will be dedicated towards the forwards and subdivisions of the first precinct.

Siteworks at Burswood Point are expected to be complete by mid-2025.

Mr Sugiaputra said the magnitude of the project necessitated all major infrastructure being rolled out in the early stages, rather than a phased approach.

“We have always said we wanted to start construction as soon as possible, and we are delighted to be starting it now,” he said.

“Over the past few years, Golden Sedayu has been busy preparing the site, building infrastructure and finalising its plans in conjunction with the State Government and the Town of Victoria Park.

“It has been a labour of love over several years for the people who have worked on this project, and it is fantastic to see it come to fruition.”

The broader Perth community is set to benefit from the new vibrant entertainment hub, with public access to 110,000sqm of parklands, beaches, playgrounds, active recreation spaces, a luxury hotel and a shopping centre. On top of this, a 2.5km section of Swan River will be accessible for the first time in 80 years.

With Burswood Point expected to be a magnet for activity, the developer has also planned ahead to facilitate a range of new transport options.

This includes collaborating with the State Government to open up Perth Stadium station seven days a week and negotiating with Transperth to plan an expansion to the Swan River ferry network.

The developer has also teamed up with Main Roads Western Australia to upgrade the Burswood interchange to limit public disruption during the build.

Mr Sugiaputra said Burswood Point would be a city-defining transformation.

“Perth’s ever-expanding urban sprawl requires new ways of designing our housing options,” he said. “Burswood Point provides access to all the things Perth people love while maintaining a short commute to the Perth CBD.

“Our design integrates into its natural surroundings while offering extensive luxury amenities.”

With the Somerset West tower soon to become a reality, Golden Sedayu has turned its attention to other areas of the project.

The developer has approvals in hand for its precinct plan, which includes Somerset West, the 26-storey Somerset East tower and 74 freestanding homes.

It has also lodged applications for towers three and four, and will soon relodge applications for towers five and six. These six towers, including Somerset, will host 870 apartments in total.

With Burswood Point set to be a first-of-its-kind development in Perth, demand is expected to remain strong as more options become available.

Since its opening, the developer has attracted a large crowd through its display suite, with people eager to catch a glimpse of Perth’s evolution as a city.

The Burswood Point display suite is open from 11am-1pm on Wednesdays and from 10am-2pm on weekends.

Burswood Point will host a curated collection of one, two, three and four-bedroom apartments nestled along the serene banks of Swan River on the historic Belmont Park Racecourse.

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