The city's newest park, Barangaroo Reserve, has attracted 200,000 visitors since August. But kite flyers, soccer players, fishers and musicians will find it off limits from this weekend.

Anyone wanting to hire exclusive use of Barangaroo's foreshore lawns, coves and walkways for private functions, however, is welcome – if they are prepared to pay.

Unsafe behaviour: Barangaroo Reserve will soon be off-limits for kite flyers, soccer players, fishers and musicians. Credit:Fiona Morris

The Barangaroo Development Authority wants to generate $1.5 million a year by emulating the commercial program of the Botanic Gardens.

Regulations published on Friday allow any part of Barangaroo Reserve to be closed for private functions, including sporting activities, parties and commercial activity.