Abadeen Acquires Prestigious Site at 34 Burran Avenue, Mosman
11 February 2025
Leading property developer Abadeen has acquired 34 Burran Avenue, Mosman for $18.5 million, marking a key milestone in its ongoing growth and investment in Sydneyâs prestigious Lower North Shore.
The acquisition, finalised in late 2024, was led by Justin Brown, Abadeenâs Executive Chairman and Founder, alongside Aaron Arias, Head of Acquisitions.
This purchase highlights Abadeenâs commitment to delivering premium residential projects in Sydneyâs most desirable locations. For Justin Brown, a Balmoral resident, the acquisition is particularly meaningful:
âBalmoral holds a special place in my heart. Itâs a unique, family-oriented community with strong values and a close-knit atmosphere. This marks our fourth Mosman development within 12 months, further cementing our investment and commitment to this incredible part of Sydney,â Justin said.
With a reputation for blending luxury living with local character, Abadeen recognised Burran Avenue as a perfect addition to its portfolio of prestige developments.
âThe opportunity to acquire such a rare site in Mosman was one we simply couldnât pass up,â Justin added. âThese apartments will feature house-like proportions and exceptional new designs that will set a benchmark for luxury living. We have appointed Platform Architects, led by Bridy Gough in Manly, to create what will be one of our finest projects yet.â
The site offers sweeping 180-degree views of Middle Harbour, the headlands and beyond. Positioned within Mosmanâs most coveted enclave and with direct access to Balmoral Beach, the location provides future residents with a perfect balance of coastal tranquillity and easy access to Sydneyâs CBD.
âNew apartments in this area are few and far between,â Aaron Arias commented. âItâs incredibly rare to find a property like this, and it may be years before another comparable opportunity arises. The potential for oversized luxury residences here is unmatched.â
Local agent Brendan Warner from Raine & Horne Lower North Shore, who facilitated the transaction, echoed the significance of the acquisition:
âWe knew this site would attract significant interest. With Abadeenâs strong track record and local expertise, weâre excited to see them take this project to new heights,â Brendan said.
Construction is expected to commence in mid-2026.
Abadeenâs acquisition of 34 Burran Avenue further reinforces its reputation for delivering thoughtfully designed, high-calibre developments that shape Sydneyâs most prestigious neighbourhoods.