10/08/2026
ROSE BAY | DA Approved
A significant milestone for Benchmark Capital and our investment partners, with development approval now secured for our Rose Bay project, in partnership with FYVE Developments.
The approval marks an important step forward for the project and reflects Benchmark’s strategy of investing in high-quality residential opportunities in blue-chip Sydney locations where strong underlying fundamentals support long-term value.
Thank you to our investors for the trust and support that has helped us reach this milestone. We look forward to sharing more as Rose Bay progresses into its next phase.
ROSE BAY | DA Approved Development approval has been secured for Rose Bay, advancing FYVE’s next residential project in Sydney’s Eastern Suburbs. Designed by PBD Architects, the project will deliver 19 residences in a tightly held harbourside location, moments from the foreshore and an easy 200m walk to Rose Bay village.
Our Rose Bay project was approved under the State Government’s Low and midrise housing policy, a policy which rezoned well connected, amenity rich areas that had been previously under-zoned.
“Securing development approval for Rose Bay is a milestone we’re incredibly proud of. We wanted to stay true to the intent of the policy which is to provide a choice of thoughtfully designed homes in a low and midrise setting at a human scale and density." - Aris Dimos, Head of Strategy and Acquisitions.
FYVE In partnership with investment partner BenchmarkCapital, Rose Bay supports our continued focus on securing and delivering well-located projects in established neighbourhoods with enduring appeal. We look forward to sharing more as the next chapter in Rose Bay begins to take shape.