

AT A GLANCE
Developer: Abadeen & Phoenix Property Investors
Builder: Decode
Completion: Q1 2026
Abadeen has reached a major construction milestone at The Villas, Neutral Bay, with the boutique residential project officially topping out at 7–11 Premier Street. The elegant building has risen to its full height, offering sweeping views of Sydney’s CBD, the Harbour Bridge, and North Sydney.
Delivered in collaboration with NSW’s leading residential builder, Decode, the project remains firmly on schedule, with completion expected in time for residents to move in by Easter 2026. The Villas features 17 signature two- and three-bedroom residences, meticulously crafted for discerning owner-occupiers seeking a luxurious, low-maintenance harbourside lifestyle.

Justin Brown, executive chairman and founder of Abadeen, said topping out represents a significant moment for everyone involved in bringing this landmark project to life.
“The Villas is an exceptional project in a highly desirable Lower North Shore location. We’re creating homes that allow residents to feel genuinely connected to one of Sydney’s most prized harbourside communities,” Justin said.
“Reaching the top floor is a proud moment, and I want to acknowledge the dedication of the Abadeen team, Phoenix Property Investors and our construction partner Decode. Their shared commitment and craftsmanship are shaping something truly special for our future residents.”

Ali Mobarak, Associate Director at Decode, said the milestone marks a major achievement in what has been a technically challenging but rewarding build given the site’s steep terrain and extensive sandstone outcropping.
“This is a fantastic achievement for the entire team. With the final roof pour complete, we’re moving into the fit-out stage, where the detailing will really bring The Villas to life,” Ali said.
“We’ve literally been building on rock here - we poured the first slab in March this year, and to now be topped out is a testament to our team’s expertise, hard work and commitment to delivering excellence. This is our second project with Abadeen, following Northcote Collective, and it’s been a great collaboration with both Abadeen and Phoenix Property Investors supporting us along the way.”

Designed by PBD Architects, The Villas features a sculptural form that delivers villa-like residences, penthouses and courtyard homes with privacy and abundant natural light.
“The materially references the Neutral Bay precinct”, said Paul Buljevic, principal at PBD Architects.
“The sandstone podium base balances against the texture of the brickwork and the facade, with sculptural concrete elements adding softness.”
Interiors by Tom Mark Henry balance serenity and sophistication through considered detailing and materiality. Expansive stone benchtops, oak timber floors, state-of-the-art V-Zug appliances, wine fridges and elegant finishes create refined living spaces throughout.
“The interiors communicate a seamless flow between spaces, exuding serene and refined luxury,” said Julia Goergler, Senior Interior Designer.
“Natural marbles, oak timbers, dark bronze accents and reeded glass echo the harbour’s coastal landscape, creating spaces with a calm, balanced atmosphere.”
Each residence features generous open-plan layouts, high ceilings, expansive balconies or terraces, and captures sweeping CBD and harbour views.

Buyer demand has been strong, with 60% of residences already sold. Limited opportunities remain, including a three-bedroom ground floor residence priced at $4.8 million.
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