ALAND buys $240m North Sydney site
ALAND has spent $240 million on a prime North Sydney site, the first Sydney city development for the builder-developer.
Cbus, Galileo Group, and Abadeen, had plans approved for East Walker Street, two towers across 173-179 Walker Street and 11-17 Hampden Street.
ALAND plans to deliver 239 apartments across two towers, with the high amenity 30-level main tower comprising 161 apartments, 70 per cent of which will feature uniterrupted views of Sydney Harbour with outlooks towards the Harbour Bridge, Sydney Opera House and across to the Eastern Suburbs.
The main tower will also feature exclusive residents-only private club-style facilities, offering a rooftop pool, sauna, private dining, cellar, lounge, gym, studio, and work-from-home spaces.
ALAND owner and founder Andrew Hrsto says that East Walker Street will be a once-in-a-lifetime opportunity for luxury buyers, including empty nesters, families and professionals.
“We have been searching across Sydney for at least 18 months, trying to find a dream site which would allow ALAND to create a stunning luxury offering for buyers reflecting our commitment to the highest quality product featuring world-class finishes throughout,” Hrsto said.
“We fell in love with the site immediately, and our interest was further heightened with the quality of the pre-work by Cbus Property, Galileo Group and Abadeen and their consulting teams. I couldn’t be more excited about delivering what will be a standout luxury development, Sydney can be very proud of.”
The East Walker Street site is also situated only a block away from the newly opened Victoria Cross Metro Station.
ALAND CEO George Tadrosse says construction will start as early as possible, with full construction scheduled to commence in January 2026.
“We’re also thrilled to announce that a component of the residential development will incorporate purpose-built housing for key workers, including nurses, police, paramedics, firefighters and teachers,” Tadrosse said.
"These apartments will be provided to North Sydney Council specifically for that purpose and are fundamental to ALAND’s reason for being.”
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey
