Sekisui House Australia has unveiled Waterstone, a landmark residential development in Sydney’s prestigious Lower North Shore, marking the company’s first foray into the sought-after South St Leonards precinct.
The boutique project will deliver 207 premium, nature-focused apartments, blending contemporary living with a strong connection to the area’s natural landscape.
Waterstone’s architecture was originally conceived by globally renowned Koichi Takada Architects, with design development and delivery by TURNER.
The project’s landscape, led by ASPECT Studios, features a north-south green spine that integrates seamlessly with Lane Cove Council’s South St Leonards masterplan and adjacent parks, trails, and bushland reserves.
“Waterstone represents an important strategic play for Sekisui House Australia. As our first Lower North Shore project, it showcases commitment to delivering human-centric, environmentally responsive communities in one of Sydney’s most desirable blue-chip suburbs,” said Peter Valleau, Project Director, Apartment & Mixed-Use Developments at Sekisui House Australia.
“This project is guided by our global Japanese design philosophy of Satoyama, where harmony between the built environment and nature enhances quality of life.
“Waterstone is a carefully considered community where residents will enjoy the benefits of a sustainable lifestyle without compromising on luxury or urban convenience.”
Comprising five buildings ranging from four to nine storeys, Waterstone dedicates 28 per cent of its site to communal open space.
The mix includes 45 one-bedroom, 111 two-bedroom, 49 three-bedroom, and two four-bedroom apartments.
Miguel Serrao, Associate at ASPECT Studios, described the landscape vision, stating: “Our vision for Waterstone was to create a living, breathing landscape that mirrors the local ecology from woodland ridgelines to the shaded escarpment below.
“We have designed a series of outdoor spaces that foster both privacy and community using native planting, sensory gardens and sustainable water management to support wellbeing, biodiversity and daily connection to nature.
“Residents will experience a sense of calm and retreat the moment they step outside their door. From quiet corners and garden courtyards to open lawns and playful spaces for children, every element has been curated to encourage relaxation, interaction and a deeper relationship with the surrounding environment.”
TURNER also led Waterstone’s interior design, delivering spaces that balance timelessness with contemporary comfort.
“Each apartment is individually crafted to feel like a home, incorporating tactile, natural materials, bespoke joinery, light-filled living spaces and framed window views,” said Darren Paul, Interiors at TURNER.
“Our approach focused on balancing elegance with everyday functionality. The colour schemes are warm and neutral, anchored by timeless natural stone and enhanced by optional upgrades such as feature lighting and fluted glass cupboards.”
The first release, now selling, includes the Aella and Zenith buildings, offering a range of spacious one-, two-, and three-bedroom apartments, many with multipurpose rooms and flexible layouts suited to downsizers, families, and owner-occupiers.
Prices start at $1.05 million for one-bedroom, $1.65 million for two-bedroom, and $2.39 million for three-bedroom residences.
Designed for comfort and liveability, the oversized apartments feature generous layouts, flush indoor-outdoor transitions, and sustainability-led inclusions such as double-glazed façades and solar panels on all buildings. Interiors are available in customisable palettes with premium finishes.
Residents will have exclusive access to amenities along the green spine, including a heated outdoor pool and spa, poolside pavilion with fireplace and dining terrace, gym, infrared sauna, co-working lounge, resident workshop, and wild play areas for children.
Located within walking distance of Wollstonecraft and St Leonards train stations, and with easy access to the new Crows Nest Metro, Royal North Shore Hospital, Mall 88 shopping precinct, and Smoothey Park, Waterstone is ideally positioned just three kilometres from Sydney Harbour.
Sekisui House Australia has ensured every residence meets the highest standards of quality and sustainability, underscored by a 4 Gold Star iCIRT rating — an independent NSW government-backed accreditation for integrity, capability, and financial stability.
Construction is scheduled to commence late in 2025, with completion targeted for the end of 2027.
The display suite is now open at 60 Pacific Highway, St Leonards.
