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Como Leonora Units

The former Leonora Street units at number 46 Como were demolished in August 2021, making way for the upcoming Henley Rise Residences.

 

In June 2020, 44 and 46 Leonora Street were sold together for $34 million, combining into a 2,605 m² block. The original approved development application (September 2020) proposed an eight-storey building with 111 apartments and basement parking, estimated at $40 million.

 

Prior to demolition, 46 Leonora Street was a 1955-built complex with four units on a 1,290 m² block. Next door, 44 Leonora Street was a two-storey house with four bedrooms and two bathrooms, sitting on 1,315 m². It had previously sold in January 2019 for $3.075 million. Aside from one rental listing at $880 per week, little other sale history exists for number 44.

 

During a visit to the site before demolition, a local resident mentioned that number 44 might be kept as a site office for the construction team, although this was not officially confirmed.

November 2020

The Henley Rise Development

Fast forward to 2025, and construction is yet to commence—a common theme in large developments lately. Factors like the COVID-19 pandemic, labour shortages, and building material costs have all contributed to delays.

 

In the years since, the project has grown in scale. The Henley Rise Residences are now planned as two towers, 11 and 12 storeys tall, increasing the number of apartments from 111 to 156. The project, designed by Embrace Architects, includes premium amenities, basement parking, and landscaped communal gardens.

The estimated project value has also grown significantly, now standing at approximately $160 million, with construction expected to begin in mid-2026.

** The following renditions are from the inital 2020 development application.

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