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Home News Market Update

Scape Stakes Its Claim on Sydney Harbour with Landmark Blackwattle Bay Student Accom Project

Dirk MulderbyDirk Mulder
March 4, 2026
in Market Update
Scape Stakes Its Claim on Sydney Harbour with Landmark Blackwattle Bay Student Accom Project
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Sydney’s next student-living hotspot has been announced, and it’s on one of the city’s most prominent waterfront sites, with The Living Company securing a landmark parcel at Blackwattle Bay as part of the NSW Government’s broader urban renewal program.

The site, adjacent to the new $836 million Sydney Fish Market development, will form part of a mixed-use precinct delivered broadly by Mirvac. The vision is ambitious: residential apartments, retail and commercial space, significant public domain upgrades and, at its heart, a major new purpose-built student accommodation offering under The Living Company’s Scape brand.

For international education stakeholders, the message is clear. Blackwattle Bay is positioning itself not just as a redevelopment site, but as a premier student destination.

A 26-storey signal of intent

The Scape development will rise 26 storeys and form part of the first stage of the masterplan following Mirvac’s acquisition of development rights. The building will deliver hundreds of modern student living spaces, including a mix of self-contained studios supported by generous communal facilities.

Designed to foster both academic focus and social connection, the residence will include dedicated study areas, lifestyle amenities and landscaped outdoor spaces, all within a secure, professionally managed environment.

Its location is strategic. Positioned on the edge of Pyrmont, minutes from Sydney’s CBD and within easy reach of major universities, the project taps directly into the growing demand for high-quality, well-located accommodation for domestic and international students alike.

A waterfront precinct with public benefit

Importantly, the student residence is part of a much larger civic vision.

The NSW Government’s plan for Blackwattle Bay includes delivering a missing link in Sydney’s 15-kilometre harbour walk, to be completed before the first residents move in. Community gardens, recreation areas and wellbeing-focused amenities are embedded across the broader precinct, signalling a commitment to place-making rather than standalone development.

Sustainability is also central. The precinct will be fully electric and powered by 100 per cent renewable energy, targeting Net-Zero Carbon by 2030. The Scape building itself is targeting a 5 Star Green Star rating and PassivHaus equivalent performance.

Backing Sydney’s global study brand

Stephen Gaitanos, Founder and Joint CEO of The Living Company, described Blackwattle Bay as an opportunity “to contribute meaningfully to Sydney’s future and really deliver on our promise to create and shape communities where people truly belong.”

He said the vision is to deliver “a high-amenity, globally competitive student-living community that supports the city’s education sector and enhances the vibrancy of this extraordinary waterfront precinct.”

Anouk Darling, CEO of Scape Australia, added that “Sydney is one of the world’s most extraordinary places to study – a harbour city that offers students not just a world-class education, but an experience that shapes who they become.”

“Blackwattle Bay will be unlike anything we’ve delivered before, a truly iconic address on Sydney’s harbourfront that reflects the ambition and global standing of this city as a study destination. We are proud to play a role in this landmark precinct and in welcoming students from around the world to call it home.”

Further information is available at: www.thelivingcompany.com.au

Photo: Artist’s impression of the Blackwattle Bay redevelopment. The Scape student accommodation tower is part of the four-building precinct and is shown at the far right of the image.

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Dirk Mulder

Dirk Mulder

Dirk Mulder is the founder of the Koala and Principal of MulderPR, a strategy and marketing communications consultancy specialising in international education. Dirk has had extensive experience in International Education and Service Management, holding Directorships at the University of South Australia, Curtin University and Murdoch University as well the Lead for International Student Initiative across the Asia Pacific region at Allianz Partners. He has been member of the boards of Perth Education City (now StudyPerth) and Education Adelaide, he has chaired the Universities of Perth International Directors Forum and has been a past board member of the Hawkesbury Alumni Chapter, his alma mater. His views are widely published and quoted across the media and has been seen in Campus Morning Mail, the Australian Financial Review and ABC television and online. Acknowledgement/disclosure: Dirk holds shares in and outside of the education sector including in IDP Education.

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