TOGA has topped out at The Kensington, its newest residential development and precinct, which will offer premium one-, two-, and three-bedroom apartments and exclusive access to on-site amenities. Set for completion in early 2026, The $250 million dollar project has already seen strong demand from local investors, downsizers and young professionals who are drawn to the vision of the suburb’s transformation, set to deliver a new thriving hub in a coveted location.
A ceremony was held on site to celebrate the Topping Out with the NSW Builder Commissioner, James Sherrard addressing attendees, alongside TOGA’s Executive General Manager of Development, Paul Shaw and National Director at Colliers Residential, Blake Schulze.
Addressing the audience on the day, Mr Sherrard endorsed the project saying, “It’s my job to call out where great work is being done – and this project is certainly an example of that. We are in the midst of an ongoing housing crisis, which, if left unsolved, will have widespread social impacts.”
“I want to recognise the excellent work you are doing – and the adherence to high standards of quality and safety whilst delivering the project on-time is commendable.”
Kensington has undergone a significant transformation of late, with the new light rail, upgraded public spaces, retail activation and over $1 billion of public and private development investment in the suburb at a street level.
Paul Shaw, Executive General Manager of Development at TOGA, said “The Kensington is more than just a development, it’s about shaping the future of a suburb on the rise. The Kensington reflects TOGA’s commitment to creating places that enrich communities, in highly connected locations where people want to live, work and play. Kensington’s transformation is here, and we’re proud to be part of its next chapter and continue to set a benchmark for how thoughtful development can truly transform a neighbourhood”.
Blake Schulze, Colliers Residential National Director also said “The Kensington offers buyers a compelling opportunity in a market where demand is outpacing supply. With very few new-build apartment projects coming to market in Sydney’s Eastern Suburbs, the scarcity factor alone underpins strong long-term value. Vacancy rates in the area are already below 2%, and rents have risen more than 20% over the past year, reinforcing the strength of the rental market. Combined with excellent connectivity via the light rail and proximity to UNSW and the Randwick Health Precinct, The Kensington is uniquely positioned for both lifestyle appeal and investment performance as it approaches completion in 2026.”
The Kensington will feature a revitalised street level retail offering which will transform Anzac Parade into an exciting food and beverage destination for residents and the wider community. Residents will also enjoy thoughtfully designed communal spaces, including co-working areas, social and study lounges, a games room, a library and workspace, and a rooftop with barbecues and sweeping views of the city skyline. Whether unwinding with a book, hosting friends, or connecting with neighbours, these shared spaces bring comfort, flexibility, and a sense of community to life at home.
The Kensington will also include novel investment opportunities in the form of SOHO units which combine commercial spaces designed to support small businesses and a studio apartment over two separate levels. These limited-release, two-level residences seamlessly blend ground-floor commercial studios with thoughtfully designed private apartments above. Reimagining the way home and workspaces co-exist, these apartments feature dual-key access, providing distinct living and working zones, creating a rare opportunity for dual-income potential.
The Kensington display suite is now open, offering the perfect opportunity to explore everything this landmark development has to offer. To make a booking, please visit: www.thekensington.com.au/enquire-now/.
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