Here's the new destiny for the Gloucester St site across the street from Cove - no longer plans for a 5-star hotel, which wasnt seen as financially viable, but instead another uber-luxe residential tower for The Rocks neighbourhood!

$200m Unit Tower For Rocks

Kathryn House
521 words
17 June 2004
Australian Financial Review
54

Another luxury apartment tower will be built in Sydney's historic The Rocks district following the sale of a major site next to the Harry Seidler -designed Cove apartments.

After years of uncertainty, the Sydney Harbour Foreshore Authority yesterday sold a 99-year leasehold over the Gloucester Street site to Stamford Windsor Ltd , a subsidiary of Singapore's Stamford Land Corporation .

While the sale price has not been disclosed, the leasehold is understood to have fetched between $21 million and $25 million after a last-minute bidding war between Stamford Windsor and Cove developer Grocon , which was keen to replicate the success it enjoyed with its neighbouring project.

Stamford Property Services general manager Anthony Rice said his group intended to build a $200 million apartment tower on the site, to capitalise on its prime location and views of Sydney Harbour.

Stamford controlled by Singapore property magnate C.K. Ow is already building 83 apartments in the nearby Stamford Marque on Kent Street and is awaiting approval to convert its Sir Stamford Hotel at Double Bay, in Sydney's eastern suburbs, into luxury units.

Buying the Gloucester Street site was evidence of Stamford's continued confidence in the Sydney apartment market, although Mr Rice said the group was being very selective and targeting its projects at owner-occupiers.

"Sites in the northern CBD are very difficult to find and I think with the success of the Cove, which adjoins the Gloucester Street site, the medium-term prospects are good," Mr Rice said.

"The product we've done appeals more to the owner-occupier than the investor and at the moment it's the owner-occupier who will pay the premium."

'We're not ignoring what's happening in the marketplace but we're trying to be very selective. Our projects are all high-quality developments in good locations with good views."

While the Gloucester land is already approved for 130 apartments and some associated commercial and retail space, Stamford is likely to submit a new development proposal.

Some retail and commercial space will also be included in the new plan, which retains the site's historic Reynell Building .

Colliers International agent Jarrad Grierson negotiated the sale for Sydney Harbour Foreshore Authority , which in recent weeks has also sold the Water Police site at Pyrmont. The Water Police land was sold to Sydney City Council for $11 million and will be converted to a harbourside park.

The Stamford deal follows a series of failed attempts by SHFA to sell The Rocks site, at 171-193 Gloucester Street (Cityscope documents refer to a failed deal in 1989 to sell the leasehold to White Developments ).
Numerous parties have since negotiated with SHFA over the land, including Meriton Apartments , Mirvac and Grant Samuel.

The sale to Stamford comes less than 12 months after SHFA abandoned plans for the site to be developed as a five-star hotel after tenders revealed the project was not financially feasible. The site comprises three properties and has a total area of 1759 square metres.

excellent!!! another apartment tower!!! this should be approx 100m high! so atht area will certianly be full of landmark towers.
hopefully a DA model will come in soon and ill post a pic of model.
cheers

the architects took a template for the model today and the "tower" form is identical to next door COVES! but at a north /south angle! i enquired about height and it doesnt look much shorter than Cove,! so another 500footer on the way!!
model will be in over next few weeks!

*clears throat*...YYYYYAAAAAAAAAAAAAAAAAAAAAAAAAAYYYYYY!!!!!!!!

Cool
will add to that cluster so !

Another 500 footer! :) That sounds really cool! And I am sure an excellent design will follow! (Thank God this is 'No Meriton' territory! lol) :cheers:

Excellent. I've always liked Cove for it's slender, oval shaped design with it's wavy balconies and to have another one built with the same in the area is great news.

I prefer it was lined up in the way Cove is to add to the vista as seen from Observatory Hill. Like Cove, you would be able to admire the tower at it's most slender (and it's best).

I bet Harry S was involved in this one. At least there is a prominent figure in this city who wants to build tall and Harry happens to be one of them :cheers:. He should join the forums because he would be a very welcome man here, even if it means he gives Avatar style lectures to get his point across :grouphug:.

kann finch are the architects.

a guy come in today for a quick model shoot of one of the proposals.
this one is 120m tall.
i love its slenderness. its turned north/south to allow sun into Wynyard park.
previous approvals have been only 90m and 30 storeys. this one seems to be better designed which allows a taller shape.

http://img.photobucket.com/albums/v158/culwulla/abovebest.jpg

its actually quite wide. the 2 storey bldg to its immediate south is also part of complex. thus the overhang, it will be restored .

http://img.photobucket.com/albums/v158/culwulla/fromabove.jpg
i asked if this was as tall as it could go, and he said he could go higher!
he said it had to be a height somewhere between Cove and Observatory apartments to respect the heights in the area.

http://img.photobucket.com/albums/v158/culwulla/fromwest.jpg

i asked if this was as tall as it could go, and he said he could go higher!
he said it had to be a height somewhere between Cove and Observatory apartments to respect the heights in the area.


....or to respect the views west from Cove's Penthouses....

lol, yeah you should NEVER buy a unit in the city for the views!! but looking at the angle, its probably the best outcome for the Cove.

Looks great, but will Queen Clover approve of this ????

That will look pretty cool the way the heights go down from Grosvenor to Cove to the new tower and they all have a similar shape.

136m would be better, then you would have:

Grosvenor: 180m
Cove: 158m
New Tower: 136m

perfect hehe

Looks great, but will Queen Clover approve of this ????
would you believe she has no say in it! its Sydney Cove Authority and state planning.
grollo- yeah i hope it gets a tad higher.

Looks good at the moment. It's becoming a bit of a tight squeeze in that part of town :)

i do like in the last photo good angle

yes i agree, this has to be the "landmark" capital of oz in that section of the CBD! evry bldg is a stand alone tower! very manhattan!
it has to be the greratest collection/cluster of highrise in Oz?

ana hotel-126m
quaywest-142m
regent hotel-110m
grosvenor pl-180m
aapt-193m
cove-158m
new tower-120-40m?
observatory-120m
aussie sq-170m
westpac-134m
jamison st hotel-123m
highgate-100m
wow!

Sorry, I couldn't live there. The noise from the roads below would make me want to jump. And one other thing, I don't consider anything south of the Cahil Expressway part of The Rocks. What does everyone else think?

i dont know with the entrance to the bridge you still fell in its shadow
any where north of lang park has that feel to it to me at least and I stayed in the ANA many times and dont really notice the traffic behind the double glazzed glass when your 20F up.

Despite anyone's personal opinion on the matter, the Rocks has always included the area north of Grosvenor and the interloper is that planning disaster of the 1950s, the Cahill Expressway, which created a division that was not there before historically.

Slick looking tower there. Would be nice to have it a little taller than old ANA Hotel but slenderness certainly impresses.

if the developer can go higher why dont they ? wouldnt they want to squeeze as many units as possible into an apt tower in this part of town. 120m is ok I guess although it would be completely hidden in almost every view of the skyline wouldnt it ?

hopefully it will go higher. its all got to do with floor space ratio and shadows. soon as they work it out, the DA will be lodged and hopefully we will get the more detailed model. i think within next couple of months.

confirmed is it

hopefully some action soon. still no model.

Cahill Expressway may be ugliest thing to hit sydney in a long time, but it did save the rocks which is a good thing, would be nice to make expressway go away now though ;p

nice idea developing up along the main road side with good looking buildings, hope it goes ahead.

bump

still no formal application from SHIFA yet. hopefully soon.

well its finally seeing light of day!
the new 30storey tower is going to council tommorrow night for a brief.
Its a new design now!
name- Gloucester Street Apartments
architect-kann Finch
height-84m
storeys-30 (+4 below)
use-122 units
carpark-186
cost-$185mil
I saw a render and it looks like an office tower but with no balconies. Its light green with dark green sections. Its a stepped form, high bit at north and steps down to south. i suppose it reminds me of Portico, but no flare bits. its quite nice actually. im building a block model for tommorrows meet. so we should get DA in soon.
cheers

well heres the Gloucester Street elevation.

http://img359.imageshack.us/img359/8361/rocks8jd.jpg

So what are we looking at? Mid-late next year?

i suppose things will start to kick of late this year or early next year. its go go go/
i f you want to know why the stepped design. There is a 90m height limit for the site due to shadow impact on nearby Lang park.

Needs more random bits of facade sticking out at random locations.

lol, nah no more random please;
block model pix
http://img352.imageshack.us/img352/1503/171gloucester5fg.jpg

http://img352.imageshack.us/img352/8836/sideview3uj.jpg

view from observatory
http://img352.imageshack.us/img352/5680/viewfromobservatory6ir.jpg

Wow look how much JB sticks out in the last pic.

This tower look great for the site and will be a welcome addition to the run down auction house that it will replace.

that 90m building looks swamped against the backdrop of sydney city. sydney is definitely miles ahead of the other australian cities as far as cityscapes are concerned. nevertheless this building will only add to the stunning scraper vista along the expressways leading up to the harbor bridge.

Meshed scaffholding has been erected on the old building on this site (next door to science house).

Perhaps this is the start of demolition?

Personally I think they have missed an oportunity here and should have stuck to the original design. This new design looks too small in comparison to the surrounding buildings. A 90m height limit on that side of the express way is too small.

I agree. They could have had a nice, slender, tall buidling and instead they build a stump. Barf.

well there were shadow issues with Lang park. thus the stepped design and max height of RL105m.

Cove looks awesomely sleek and slender from the toll booths,now there'll be a fat bastard there covering most of it up. Still Im not too fussed, im sure it will look good though and add another 'layer' to the skyline.

I think it looks odd and out of place due to its form. I/We may in the end like it for its architectural merit alone but where it is located, juz looks dumb...like you knooooow.

...

Well something is definately going because the old building that's been meshed up is being demolished. Its 'clock tower' is already in pieces.

Amazing that a 90m looks minute in comparison to the rest of the CBD. John Boyd looks massive!

contacted SHIFA today and they told me this> bit confusing?
There has been 2 approvals for the site and they are demolishing the existing bldgs on those approvals.The current proposal is before SHIFA and will be sent to planning minister for final approval in Dec.On approval the site works will commence early 2006 and tower will eventually start.
so pretty positive news. amazing how its an apartment tower starting up.i thought it would be years before we see another one of them.
cheers

^^Well, it's a very limited market in that area - hardly any sites available - and considering the views that tower will have, they'll achieve some big prices. The top end of the market never really slips, and there are always people willing to pay high prices if the quality is good.

^ exactly. location location location ,view views views

view of site in foregound (6storey with green turret and the 2 storey to the south)
http://www.realestate.com.au/objects/props/8015/102738015bl1129269411.jpg

^^ Gee, Cove under construction, and just out of the ground too. For those of us that remember, what a frustrating time that was. lol

The buildings mentioned have gone, some Abi Group hoardings are up, a couple of track hoes and a wheel-barrow are on site but no digging as yet.

In CULWULLA's pic, Grosvenor is @ 180m above ground, but the site is on higher ground and in the foreground, @ 84m guestimate the height of its roofline as you may. AAPT to the right is @ 193m including crown and signage.

A few of the site for good measure
Walk past each day and have not seen photos posted here ( dont expect any changes but we should have a starting point at least )

http://www.imagestation.com/picture/sraid195/p1a4b7df4b5feb4ed2a2c843b1c96dd86/f13d92bc.jpg

Above is looking from the North

Looking down at the site
http://www.imagestation.com/picture/sraid195/pde0702af8ab551026a31a7f308702db5/f13d92a0.jpg

http://www.imagestation.com/picture/sraid195/p6ba63923698a20f9ceba734fe57dcb17/f13d928b.jpg

http://www.imagestation.com/picture/sraid195/p772dc0ec7a35529084a3bf1f58bb4547/f13d926c.jpg

http://www.imagestation.com/picture/sraid195/pc1e4ff2870df334d304172a5b85a35d2/f13d9234.jpg

thanks trances. you saved me a trip. yeah things should get going early 2006.
great

this was signed off last week. Construction to start asap!!
great news.

Good news. Could I ask the obvious questions: any more recent, more detailed images?
Tah.

ill try and get some renders. its light and dark green glass. The engineer told me that the glass is a new type with lead added for sound proofing (due to being adjacent to Bradfield hwy).

gee nothing from months ago when i took those photos. Looking forward to that.

im just happy there will be some construction happening this end of town.

should fill this space in nicely.
http://img176.imageshack.us/img176/2981/103366600ml1155737450me9.jpg

Looks like this one has a good chance of getting underway next year. :)

Property
Stamford swaps beds for office space
Kathryn House
864 words
16 October 2006
Australian Financial Review
First
55
English
© 2006 Copyright John Fairfax Holdings Limited. www.afr.com [http://www.afr.com] Not available for re-distribution.

The Singapore-controlled Stamford Land Corporation has grabbed the starter gun in the Perth office building race.

Stamford has ditched plans to build a luxury hotel behind the city's Woodside Petroleum headquarters in favour of a speculative, 15,000 square metre office tower.

A proposal for the Hay Street site has been lodged with Perth City Council as Stamford steps up its development activities throughout Australia and New Zealand.

The company - part of the shipping and property empire of Singapore magnate CK Ow - has five major projects either planned or under way throughout the region valued at close to $650 million.

Perth is the only commercial deal afoot for Stamford, which has previously confined its local activities to luxury hotels and apartments.

In an exclusive interview with The Australian Financial Review, Stamford Property Services general manager Anthony Rice said the group was positioned to be first out of the ground in the booming Perth office market and could have its project completed by mid to late 2008.

Stamford is also planning a luxury apartment project in Sydney's historic The Rocks precinct; a residential conversion of its high-profile Cosmopolitan Centre in Sydney's eastern suburbs; and a $200 million apartment tower across the Tasman in Auckland.

While office developments have not previously been on the agenda, Mr Rice said Stamford would more than likely retain the planned $90 million Perth project to capitalise on boom-time conditions in the Perth commercial market.

Stamford's site is unencumbered and the building substructure, including a car park, was completed four years ago when the Woodside building was developed. "We can beat everyone out of the ground by at least 12 months," Mr Rice said.

He admitted that the speed and the strength of the Perth office market recovery had taken the market - including Stamford - by surprise.

"It's gone from being a project which would generate a modest profit and return to something that will generate a very strong return.

"It's just not viable to build a five-star hotel in the Perth CBD. Offices are a completely different story."

Talks were already under way with two builders and, subject to the relevant approvals, work on the Kann Finch designed project was expected to start by March.

Elsewhere, Stamford is pursuing upmarket apartment projects to capitalise on continued demand at the top end of the residential market.

As work comes to an end on the $110 million Stamford Marque apartment building in Kent Street, at the northern end of the Sydney CBD, Stamford is preparing to start construction on what will be the last high-rise residential building in The Rocks.

Stamford has also planned a luxury residential development at Double Bay, which would involve demolishing its Sir Stamford Hotel and building luxury apartments above the Cosmopolitan Centre.

While residential conditions were still tough in the broader Sydney residential market, Mr Rice said the top end of the market remained strong and it had been able to increase prices in the Marque project, which is aimed at owner-occupiers.

The three-storey penthouse has just been sold to a Southern Highlands buyer for $8.75 million. It has 376 square metres of internal space and 191 sq m of external space, including a rooftop terrace with heated lap pool.

Colliers International NSW residential director Murray Wood negotiated the deal.

Even higher prices were expected for The Rocks project, which the group secured two years ago from the Sydney Harbour Foreshore Authority.

Stamford recently went back to SHFA with some design changes but hoped to start work early next year on the $210 million project, which would include about 134 apartments.

Mr Rice said it would be a step up from Stamford Marque and would provide what he described as 5 1/2-star apartments, which would be priced accordingly. He is expecting price tags above $10 million for the 500 sq m penthouses.

Stamford would seek limited precommitment of about 30 per cent to 35 per cent of the project, compared with the usual 50 per cent-plus.

"The residential market's not going gangbusters by any stretch of the imagination but there's always a market for good quality, whether it be for cars, or boats or property," Mr Rice said.

"The top end of the residential market is bumping along quite nicely and supply is very limited in the north end of the Sydney CBD."

Stamford is even more bullish on Double Bay. Mr Rice said it would not seek any presales and would instead sell the 28 apartments when the project was completed, to appeal to wealthy empty nesters who preferred to see a finished product.

Other deals were on the radar and Mr Rice said Stamford would consider the Advanx Tyre site at Rushcutters Bay in Sydney's eastern suburbs. The intention was to secure one or two new sites each year, mainly for residential projects.

KEY POINTS

· Stamford has five major projects either planned or under way valued at almost $650 million.

· Perth is the only commercial deal afoot for Stamford.

thanks finn. bout time this one will get up.

a planner told me today this one will start soon.good news

^^ 4 months since that tid-bit of news. Anyone notice any movement, even preliminary works on this one?

...

Alas, went down to the site today and nothing but a St Hilliers sign on the fence (checked its website but nothing as yet). Otherwise bitumen and grass on the site.

was chatting to architect today about this project. they have had some problems with relocating extensive cabling `under cumberland st which "interfered" with there basement levels. Things should be rectified soon and construction is set to start within a couple of months.
great stuff

was chatting to architect today about this project. they have had some problems with relocating extensive cabling `under cumberland st which "interfered" with there basement levels. Things should be rectified soon and construction is set to start within a couple of months.
great stuff

Yeah, getting that kind of stuff right is rather important...

Finally, a render:

http://img.photobucket.com/albums/v190/Muse11/GloucesterStreetApts.jpg

Oh .....

^ that's what i was thinking.

nice. i was talking to architect last week and he said its going to have a "first" for glass in Australia. being sound proof .
ta muse

Nothing special, but hardly bad either. Silver would, IMHO have been a better choice than white, though. Soundproof glass... I'm guessing that would have alot to do with how close this is to the Harbour bridge approaches.

Would have loved to have seen really sharp / striking Melbourne style modern architecture here, given it's prominent location. Something that makes a real statement. Oh well......atleast it's not beige or white.......

Nice, but not exciting.

At least more glass than cream.

Personally, if it stays true to the render above ie with its dark glass, I think it will look pretty schmick coming to & from the Harbour Bridge approaches.

From http://www.stamfordland.com/properties/gloucester.aspx

4 small yet undetailed renders unlike the one I posted above - but detailed info on the project:

http://img.photobucket.com/albums/v190/Muse11/gl_exterior_11.jpg__http://img.photobucket.com/albums/v190/Muse11/gl_exterior_41.jpg__http://img.photobucket.com/albums/v190/Muse11/gl_exterior_22.jpg__http://img.photobucket.com/albums/v190/Muse11/gl_exterior_31.jpg

The Stamford Residences

The Stamford Residences will be a 30 level residential apartment tower situated in The Rocks precinct of the Sydney CBD. There will be 122 luxurious residential apartments in the tower which have been designed to suit the most exacting needs and requirements of apartment owner occupiers looking for superior design quality and, safe and secure home in the Sydney CBD. The Stamford Residences will feature spectacular views of the Sydney CBD, the Harbour Bridge, Sydney Harbour, North Sydney, the adjacent historic St. Patricks Church and of Lang Park. Situated only five minutes stroll from Circular Quay, The Stamford Residences will be the last remaining high rise residential building in The Rocks heritage precinct. Due for approval later this year and with construction expected to commence in late 2006 :lol:, The Stamford Residences is expected to be completed by 2009 :?. Marketing of The Stamford Residences will commence in early 2006 :ohno:

Adjoining The Stamford Residences is a 4 level heritage building which will be known as the Reynell Terraces which will comprise commercial and retail space and 12 residential apartments which are designed in line with the heritage aspects of the former warehouse premises known as the Reynell Building.

All residential apartments of The Stamford Residences and the Reynell Terraces feature design without compromise and will be fitted out with the highest quality finishes.

The design of the apartments and selection of finishes has been a collaboration of architects, the Kann Finch Group and Burley Katon Halliday with design refinement provided by Thomas Hamel.

All residential apartments of The Stamford Residences and the Reynell Terraces will have secure basement car parking plus storage.

...

BTW CULWULLA. Can the title of this thread by changed to The Stamford Residences or The Stamford Residences on Gloucester?

Also the render I posted in post #66 submitted to Emporis along with the name change? Only scant info is on its Emporis page ATM. Emporis also states its 85m & not 84m...

Gloucester Street Apartments (http://www.emporis.com/en/wm/bu/?id=gloucesterstreetapartments-sydney-australia)

Cheers.

...

Finally, a render:

http://img.photobucket.com/albums/v190/Muse11/GloucesterStreetApts.jpg

It's meh.

And are those openable windows on the facade? God I hope not.. :ohno: When built the curtains of the apartments will probably be visible, giving it an ugly appearance similar to that of World Tower:

http://farm2.static.flickr.com/1077/572847561_1659870098.jpg

nah, the facade will be top notch. its double glazing will make it appear very dark and you wont make out anything behind it. (curtains,naked people etc)
thanks muse for info. the reason why its 85m on Emporis is because its 84.5m. Emporis rounds up figures.

word is that this is gonna start s00n.
http://www.stamfordland.com/properties/gloucester.aspx

http://www.gloucesterstreet.com.au/

http://images.domain.com.au/img/20071018/409/2006760311_2_FS.JPG?mod=071018-113132

I think it would look alright if they gave some colour to it! My God it looks dull. Perhaps some nice reflective blue cladding similar to that of Gateway Plaza would look much better on this building. If an area needs more glass/colour it is definitely here.

there was a story about this project in sunday tele.
sayings it will be the largest resi tower in sydney, meaning it has largest units.

I think it would look alright if they gave some colour to it! My God it looks dull. Perhaps some nice reflective blue cladding similar to that of Gateway Plaza would look much better on this building. If an area needs more glass/colour it is definitely here.

It's fine as is. Moulds in well with surrounding towers.

oh well ill scan and post it then.
"3 storey/4 br penthouse with 472sqm equiped with 3 car spaces, own lift and 9m high staircase!! expected cost- more then $14mil

http://img441.imageshack.us/img441/9930/stamfordresifz8.jpg

this project is getting alot of press lately.
http://www.news.com.au/dailytelegraph/story/0,22049,22822659-5013110,00.html

http://www.news.com.au/common/imagedata/0,,5770265,00.jpg

From Rock slums to slick city

THIS 30-storey residential unit tower in the heart of The Rocks will be the last building of its kind allowed in the city's most historically significant area.

In the planning for 25 years, the $220 million Stamford Residences will cast a very different shadow than the area's original homes and terraces of 18th century Sydney.

With the penthouse alone expected to sell for more than $14 million, the incoming residents at the base of The Bridge will be more millionaires than the workers and merchants that were the area's previous tenants.

National Trust of Australia conservation director Graham Quint said the trust had been following the development on the site since it was first proposed in 1980s.

While they have not opposed it formally, they are ideologically worried about the gentrification these blue ribbon buildings could bring to an area known and loved for its rough knockabout atmosphere.

"We warm to the idea that this is the last large development of this scale and size. You wouldn't want this encroaching further into the heart of The Rocks," Mr Quint said.

"This sort of thing is the trade off to protect the rest of The Rocks.

"The main thing we're worried about is it becoming increasingly gentrified, particularly around Millers Point.

"The area is becoming glitzier and glitzier but people and tourists don't want to see something they can in their own country. You don't want to lose all that character."

The NSW Department of Housing has announced it will place the long-term leases on 16 of its prestigious, heritage-listed properties at Millers Point on the open market.

The terraces were used as community housing but will be sold as 99-year leases to the highest bidder at auction.

The latest and last high-rise development in The Rocks will be built next to and incorporate the historic Walter Reynell & Sons building fronting Gloucester and Cumberland Sts.

It will consist of 122 apartments - the cheapest of which will be a 62sqm, one-bedroom unit for $645,000 - and commercial and retail space.

The 427sqm penthouse is expected to sell for $14 million, which would beat The Bennelong, which sold in May for $12 million, and fall just short of the $16.5 million paid for three adjoining apartments formerly owned by "Aussie" John Symond at Walsh Bay.

All residents will have access to an 18m indoor pool, gym, and a landscaped roof terrace on level eight.

The Stamford Residences is the final tower to be approved under the Sydney Cove Redevelopment Authority Planning Scheme.

The scheme allowed for a single tower to be built in each of the six blocks south of the Cahill Expressway as a way to provide funding to upgrade other heritage buildings throughout The Rocks.

In the past 25 years the scheme has resulted in the Four Seasons Hotel, Grosvenor Tower, Quay West Apartments, the Shangri-la Hotel and the Cove Apartments.

Given this press and being " the last building of its kind allowed in the city's most historically significant area." I would expect an outstanding design. I am sure there are heritage factors or whatever involved but it would have been good to see something that really shines and stands out. Think of the "dancing building" in Prague, thrown into an historical area and yet oddly fits in. Terribble and Boring design 2/10.

i still don't get how these residences will be so sort after, they hang over the most busiest road in the nation! oh, and isn't the design the approved one in this thread?

the bldg had a max height enevlope because of sun plane down to wynyard park. Thus the stepped effect. The glazing is a first for Australia being double glaze,thus no noise from nearby traffic. The views are awesome north and west. I like the design.

The penthouse of Cove has been valued at $12 million and that also has views of the Opera House out to the heads, which this penthouse wont be able to boast. Too overpriced.

^but that isnt a 3 level/500sqm unit like stamfords. and i dont think its sound proof either.

Only 7 pads are left out of 122. It's to begin Feb/Mar '08 for 2010 completion.

The Bridge exit is getting an eye-full too.....L.A.V.I.S.H.!!

http://img.photobucket.com/albums/v190/Muse11/StamfordGloucesterApts14Dec2007.jpg

7 out of 122? bloody hell. some people have got some $$$. such a great spot. and views to die for.

EXactly! Where do they get the money from!? I dunno, I must have been standing at the end of the queue picking my nose when they were handing out the money making gene...I didn't even manage the usual route of inheriting money. Was it something I said?

I was back there with ya!

i was chatting to a head supervisor yesterday who works for St Hilliers .
He is currently finishing off the 18storey Sofitel out at Homebush.
i asked him what his next job is and you guessed it, Stamford at the Rocks.!
he said within two months they will start work at the site!
great news.

this project was mentioned in todays fin rev,
Apparently 80% of apartments have been sold in past 3 months totalling $150mil
should start in may

CONSTRUCTION TO START IN A FEW WEEKS!

http://farm3.static.flickr.com/2250/2437611550_049bb113d7_o.jpg

bit happening on site. had a chat to worker, he said there working on undergrund services at wont start til august
http://farm4.static.flickr.com/3027/2654197557_c9cd41be51_b.jpg

^^ Well, since that pic was taken, a bit more gear has been moved on site and the mesh on the Gloucester fence has been tidied up, but unfortunately no digging has commenced as yet. Surely has to be any day now.

^ last time i looked, about a week ago, that digger was still sitting exactly as it is in that photo.

YES ONE OF MY CLUBBIES IN UMINA IS SET TO BE A FOREMAN ON THIS ONE. HE WORKS FOR ST HILLIERS. HE SAID THE UNDERGROUND CRAP HAS SET THEM BACK A FEW MONTHS. BUT SHOULD START SOON.

The Gate was open today.

http://img54.imageshack.us/img54/8397/dscf5774os1.jpg

http://img512.imageshack.us/img512/4349/dscf5775nr2.jpg

http://img204.imageshack.us/img204/7245/dscf5778ub9.jpg

mmmmmm, lavish.............

Lavish: so there are an awful lot of them?

I also like Meriton's 'surrounded by tree-lined boulevards' (or sim) at "Valentino" in Rosebery: a couple of fairly ordinary streets with trees in the footpaths and the traffic roaring up and down Rothschild Av and Epsom Rd on the other two sides.

cumberland st is closed and fenced off out the front of this site. i'm not sure why because there's still nothing going on at all.

theres been heaps going on for past 4 months ive been told by St hilliers.
the undergrd services have had to have a major overhaul before excavtion/piling can commence.
things should start up soonish

There's a couple of nice blue cranes down this neck of the woods. Not on this site but down across from the basketball centre.

http://www.skyscrapercity.com/showthread.php?t=519583

Yeah, it's a couple of hammers for the YHA. Big effort for a smallish building. It must be for heritage protection.

Today at lunch time. The top road has been closed off for some time now ...

http://farm4.static.flickr.com/3295/3023933402_654a363485_o.jpg

But still no action on the site itself ...

http://farm4.static.flickr.com/3193/3023106411_ceba2bd6db_o.jpg

Although the heritage building next door is being worked over ...

http://farm4.static.flickr.com/3206/3023933504_cf6935b23f_o.jpg

ive been chatting to a builder thats gonna work on the tower. there working around the clock on relocation of services for this project. it will take 5 months. hopefully the new year the site will start excavations

walked past this today and it's full steam ahead with lots of digging where you can see the cars in the above photos. the whole of cumberland street out the front of the site is also being dug up as deep as the rest of it. that wall being held up by the braces where the black 4wd is has been dug away from what i can tell. they must have permission to expand underneath the road or something (or morseso cut then cover). it's very hard to get photos, it's so closed off.

^yeah a mate of mine is working on it. its great news. this took longer then expected due to undergound railway ect. but now all done and excavation /piling ect starts. good to see a tower going up this end of town.

Fantastic to see work start there at long last. :D

http://www.realestate.com.au/objects/props/6019/105636019ml1238468487.jpg

Took a quick detour yesterday and the foundations are now being dug. Hard to see into the site from Gloucester St but the busy track hoe was towering above the temp-looking perimeter. I guess they just started digging this week.

Yesterday on my phone. No more Cumberland St between Essex and Grosvenor

http://farm4.static.flickr.com/3239/3567861089_84b15bc460_o.jpg

http://farm4.static.flickr.com/3334/3567863261_d4d2b97f93_o.jpg

http://farm3.static.flickr.com/2468/3568656872_9417b8decf_o.jpg

http://farm3.static.flickr.com/2484/3567846319_2ac5f96474_o.jpg

http://farm4.static.flickr.com/3372/3567846459_f1af274a0d_o.jpg

Amazing Lance. They must be relocating mains etc at the moment.

I walked past this late last week and they were putting up a big banner that said that it was 85% sold with only 12 remaining.

Thats sensational news in these tough times for the home market.

Friday June 26 2009

http://img140.imageshack.us/img140/6972/dscf1270v.jpg

big slab with tower crane base now on site

Boy, you need a lot of patience on this job!

i spoke with st hilliers worker. they have spent 9 months with relocating services under tower site. the road is missing, so the basments are nearly dug and piling/services done, so concrete should start soon. and core will be rising by xmas.

Watching Nine news tonight with their shot of Sydney, I think the crane is up.

Friday July 24 2009

Can confirm that the crane is up. It's quite big.

http://img43.imageshack.us/img43/9568/dscf2134.jpg

http://img193.imageshack.us/img193/9746/dscf2152x.jpg

That's an interesting looking stone and brick 'palazzo' in the 2nd shot. Lots of classical details with the overhanging cornice, the dentils, the meander frieze and the round arches and even the majolica work under the cornice. It wouldn't look out of place in Prague. What is it, 1920s? '30s?
I hope it's heritage listed.

That's an interesting looking stone and brick 'palazzo' in the 2nd shot. Lots of classical details with the overhanging cornice, the dentils, the meander frieze and the round arches and even the majolica work under the cornice. It wouldn't look out of place in Prague. What is it, 1920s? '30s?
I hope it's heritage listed.

Yep, I like Science House too, a real gem.

http://img.photobucket.com/albums/v326/emerbot/Screenshot2009-09-15at95643AM.png

^yeah forgot to post last week. 90% sold before construction pretty unreal?

if i only had a spare 15.3 million.....

There was an article in one of the major papers recently about this one. The last ever highrise to go up in The Rocks.

It's an opportunity to be apart of history and to secure views that will never disappear.

^ post 127 maybe...

Can i just ask why this will be the last ever high rise in the rocks, is everything else in the rocks heritage listed. couldn't they knock down a mid rise and put a high rise in the future?

^ post 127 maybe...

It didnt load up on my pc. I am was using one at the office. Yes that was the article - The Daily Telegraph.

Can i just ask why this will be the last ever high rise in the rocks, is everything else in the rocks heritage listed. couldn't they knock down a mid rise and put a high rise in the future?

well theres no bldg allowed higher then 5storeys north of cahill expressway.
that only leaves a few rocks sites around the 4seasons,grosvenorpl,cove area. so there are no sites left for a highrise. this is last one.

well theres no bldg allowed higher then 5storeys north of cahill expressway.
that only leaves a few rocks sites around the 4seasons,grosvenorpl,cove area. so there are no sites left for a highrise. this is last one.

so the building is height limit???

yeah, it has strict shadow sun access plane down to lang park, thus the stepped down effect.

Thats pretty rediculous, no further development can happen in an inner city suburb. hmmmm.....

It's not ridiculous at all. It the rocks. You can't go around building highrises in the middle of the rocks.

The Rocks is a heritage area. Many buildings of historical significance make it difficult for any developments to take place.

Thats pretty rediculous, no further development can happen in an inner city suburb. hmmmm.....

its not a suburb.its a precinct. an historic precinct. oldest part of australia. many heritage listed bldgs. no place for corporate office blocks. plenty of other areas for them.

Thats pretty rediculous, no further development can happen in an inner city suburb. hmmmm.....

man the new randoms are funny!

Thats pretty rediculous, no further development can happen in an inner city suburb. hmmmm.....

a) The area is heritage listed; and
b) From an urban design perspective, development would ideally be low-rise on the harbour and work it's way up inland creating a step effect. Any development greater than 5 storeys in that area would create adverse aesthetic impacts.

True, didn't really think of that. Maybe having no more rises could be a good idea. but if you look at NY they have high rise on the water front. Although heritage listing is a good thing, so I don't mind no high rise because of that reason. IF they are good building with heritage value.

Found this in the SMH archives from May 1997. Meriton had won a tender to build there with Harry Seidler designing a 31 storey tower. They should be spewing now. What a lost opportunity.

And sadly another tower for the never built list :( This looked good.

http://img43.imageshack.us/img43/9104/cove2851997.png

Found this in the SMH archives from May 1997. Meriton had won a tender to build there with Harry Seidler designing a 31 storey tower. They should be spewing now. What a lost opportunity.

And sadly another tower for the never built list :( This looked good.

http://img43.imageshack.us/img43/9104/cove2851997.png

I believe I still have a copy of that article in a scrapbook somewhere! I used to eagerly cut and paste (as in actually 'cut' and 'paste') this sort of stuff back in my early to mid teenage years.

Today -

http://farm5.static.flickr.com/4029/4287352572_12d508d502_o.jpg

http://farm3.static.flickr.com/2785/4286613727_d59e0db7eb_o.jpg

gee still no core. seems like going forever.
ta for picices. been 4 months.

At least this one is above street level. :)

Friday January 29 2010


http://img7.imageshack.us/img7/156/dscf3550.jpg

walked past yesterday big white corrugated iron thing sticking out of top of scaffolding; i assume this is the core box peeping its head out. this was around 3:30 and it was a hype of activity at the site.

Friday Feburary 5 2010

http://img198.imageshack.us/img198/9140/dscf4112k.jpg

http://img714.imageshack.us/img714/7370/dscf4111.jpg

walked past here again. the site is packed, a hype of activity. trucks and what not making heaps of noise hopefully this means quick progress. it has two frontages to the surrounding streets anyone know whick one will become the main entrance?? theres one facing the new youth hostel thing ( i rekon this will be be the parking entrance) and the other on the side street perpendicular to the direction of wynard staton. (sorry have no idea about the street names so trying to describe them as best as possible.)

I don't hear much noise, even though the area is a hive of activity. The former Auction houses also act as the site office, and trucks etc can go in there if they want.

It's quite a fair way down the road (Cumberland) from the YHA unless there's another backpackers I'm not aware of. From what I can tell it will be the lower road, Gloucester. I'm looking forward to seeing what they do with the old auction houses.

its going to be weird seeing a 300footer being built in this cluster. its been a while since new tower this end of CBD
ta for pix everyone

@ fabian: when i was there they were loading off all these trcuks and the chains and metal were rather loud i can assure you! hah
@ lance yeah i was referring to the yha site. i have little to know sense of direction....

its going to be weird seeing a 300footer being built in this cluster. its been a while since new tower this end of CBD
ta for pix everyone

Sadly it's going to be the last tall tower to be built in The Rocks.:(

Friday Feburary 12 2010

Sadly no movement of the core this week.

http://img191.imageshack.us/img191/5408/dscf4197a.jpg

http://img713.imageshack.us/img713/3278/dscf4198.jpg

Friday Feburary 26 2010

http://img534.imageshack.us/img534/6090/dscf4875.jpg

http://farm5.static.flickr.com/4002/4423370237_dd8ec51d2d_o.jpg

Wow. Cheers for the update Cul. This one is rising fast.

I noticed you took the photo from across the street on the little traffic island with a better view. I noticed too that the corebox has been changed from white to black.

^yeah its not bad over there. but have to watch cars. or you will be run over.
yes dif seeing a black core box. i think lev6 in core.

Friday March 12 2010

85 % of apartments are now sold!!!

http://img28.imageshack.us/img28/341/p2230187.jpg

http://img294.imageshack.us/img294/9076/p2230192.jpg

^ That's strange, 5% of the apartments must have been handed back to the developer considering 90% were already pre-sold back in September. See post 127. ;)

Friday March 19 2010

http://img532.imageshack.us/img532/6363/dscf5103.jpg

http://img267.imageshack.us/img267/4046/dscf5104.jpg

Wednesday March 31 2010

Another core rise.

http://img249.imageshack.us/img249/7918/dscf5238.jpg

http://img59.imageshack.us/img59/5273/dscf5236c.jpg

http://img177.imageshack.us/img177/433/dscf5240.jpg

Friday April 9 2010

http://img94.imageshack.us/img94/8079/dscf5313v.jpg

What's changed?

^^ lol doesnt look like anythings happened

builders still on easter hols?:cheers:

April 16 2010

Now visible from Lang Park & Grosvenor Street. :)

http://img504.imageshack.us/img504/4899/dscf5710v.jpg

April 23 2010

http://img59.imageshack.us/img59/9932/dscf6242.jpg

i saw example of the double glazing glass last week at work. looks great.nice dark grey.
this will look a treat from bradfield hwy
http://img.photobucket.com/albums/v190/Muse11/GloucesterStreetApts.jpg

May 7 2010

http://img638.imageshack.us/img638/5807/dscf6846.jpg

http://img188.imageshack.us/img188/9524/dscf6452g.jpg

http://img706.imageshack.us/img706/5103/dscf6453c.jpg

am i alone is disliking the yellow of quay west? this development will ad some much needed glass to this area on the skyline! i visit this area about once a week and i must say everytime im there the site is overflowing with people.

am i alone is disliking the yellow of quay west? this development will ad some much needed glass to this area on the skyline! i visit this area about once a week and i must say everytime im there the site is overflowing with people.

Quay West is a good looking tower, plenty of glass too..Mirvac did a great job. Killer northern views of the harbour and the best view of the eastern CBD tallies cluster... Interiors are great too, I only dislike low ceilings in all apartments..

Quay west is one of the better hotel/apartment towers in Sydney.

May 14 2010

http://img32.imageshack.us/img32/9696/dscf6913a.jpg

http://img340.imageshack.us/img340/1271/dscf6919.jpg

12th floor in core?

floor10, 13 in core

http://farm4.static.flickr.com/3333/4643383655_69e9a9f4f4_b.jpg

http://farm5.static.flickr.com/4028/4643997642_174386aa2b_b.jpg

Looks like it is slowing down a bit and the wet weather isn't helping either. :bash:

grd level is 4,(3 below) lift shaft indicates floors are up to 14 with 16 in core.
http://farm5.static.flickr.com/4034/4658350181_be4d24a0f9_b.jpg
http://www.flickr.com/photos/35672655@N00/4658350181/

It looks to be smaller in bulk than I'm thinking, then again there are alot of tallies around which may be creating this impression.

June 11 2010

http://img821.imageshack.us/img821/7031/dscf7832.jpg

http://img21.imageshack.us/img21/2458/dscf7784k.jpg

http://farm5.static.flickr.com/4024/4708318666_bf34137487_b.jpg

Thanks for the pics, this is one of my favourite developments. I hope it turns out as well as I am expecting.

This is the best of the unit developments in Sydney at present. I got some nice shots from Kent Street yesterday.

From Thursday:

http://farm5.static.flickr.com/4053/4708604932_e4e5b03862_b.jpg

June 17 2010

http://img517.imageshack.us/img517/1931/dscf7858z.jpg

http://img689.imageshack.us/img689/8807/dscf7859j.jpg

http://img534.imageshack.us/img534/6696/dscf7841.jpg

http://img691.imageshack.us/img691/745/dscf7842p.jpg

June 25 2010

http://img16.imageshack.us/img16/3523/dscf8008z.jpg

http://img15.imageshack.us/img15/258/dscf8006y.jpg

July 2 2010

The crane has increased in height with the core and floorplates rising one level over the past two weeks.

http://img28.imageshack.us/img28/4881/dscf8203.jpg

http://img24.imageshack.us/img24/8469/dscf8204h.jpg

good to see a highrise over there

floors up to lev18, core 21
http://farm5.static.flickr.com/4102/4772931357_d070042e92_b.jpg

Cranking!

http://farm5.static.flickr.com/4081/4788824209_9fd9f113f9_b.jpg

http://farm5.static.flickr.com/4075/4788824305_b32e2edf3c_b.jpg

http://farm5.static.flickr.com/4117/4789453622_c06d89a910_b.jpg

July 16 2010

http://img338.imageshack.us/img338/6530/dscf2015.jpg

http://img830.imageshack.us/img830/7251/dscf2014.jpg

http://farm5.static.flickr.com/4095/4813832197_a7f11084f0_b.jpg

http://farm5.static.flickr.com/4115/4813828559_fafc13b2a8_b.jpg

http://farm5.static.flickr.com/4137/4813827297_d15f61f4aa_b.jpg

http://farm5.static.flickr.com/4078/4906692838_c7846ff85e_o.jpg

http://farm5.static.flickr.com/4079/4906692228_9c2960c978_o.jpg

September 8 2010

http://a.imageshack.us/img203/9555/img0293lp.jpg

September 17 2010

Fits in snugly with Quay West and Shangri La.

http://img214.imageshack.us/img214/1333/img0959os.jpg

October 1 2010

The first setback is now done.

http://img43.imageshack.us/img43/4245/img1379l.jpg

http://img691.imageshack.us/img691/7492/img1380p.jpg

October 13 2010

View from Bridge Street.

http://img259.imageshack.us/img259/4721/img1791o.jpg

http://img137.imageshack.us/img137/5967/img1788t.jpg

Again taken from cruise http://i1208.photobucket.com/albums/cc363/alderso/IMG_0665.jpg

Way too short! Looks silly.

should of been built at banga

should of been built at banga
Too big.

should of been built at banga

Only if it was taller.

I'm happy with it where it is now. It's in a superb location.

yeah it was limited by lang park. shadows ect. its a nice bldg in nice location i suppose.

October 22 2010

http://img89.imageshack.us/img89/8360/img2202hj.jpg

http://img835.imageshack.us/img835/2231/img2203l.jpg

looking at the elevations for this tower the ground floor at Gloucester Street is RL21.4 and the top of the tower is RL109.5, therefore the tower is 88.1 metres tall not 84 metres, using this elevation:

http://majorprojects.planning.nsw.gov.au/files/56737/5232DA53(N).pdf

can someone confirm or deny this?

yes ,i notice labelled near elevation its a sec96.which always hapens. they can alter top to newer design if needed,
i made a model from plans 2 years ago,. looks like they remodelled the top floors.so now 4m higher.
thanks

November 12 2010

http://img822.imageshack.us/img822/928/img2606u.jpg

http://img43.imageshack.us/img43/6150/img2610dz.jpg

November 18 2010

http://img269.imageshack.us/img269/495/img3021s.jpg

nice tree. ;-)

December 10 2010

http://img263.imageshack.us/img263/5563/img32282.jpg

http://img69.imageshack.us/img69/2862/p1030091p.jpg

From the Marriott off iphone..

http://img.photobucket.com/albums/v326/emerbot/IMG_0616.jpg

December 17 2010

http://img26.imageshack.us/img26/3775/img3397ee.jpg

December 22 2010

http://img718.imageshack.us/img718/774/img3624k.jpg

http://img109.imageshack.us/img109/7673/img3623k.jpg

http://img23.imageshack.us/img23/5135/img3625nc.jpg

http://img820.imageshack.us/img820/9256/img3626t.jpg

This project is to be completed mid this year, has anyone heard who the commercial tenants are?
Some of the commercial spaces are quite small, others quite large so anything is possible. Restaurant? Coffee shop?

January 20 2011

http://img402.imageshack.us/img402/6416/img4207xo.jpg

January 28 2011

http://img15.imageshack.us/img15/9290/img4596d.jpg

http://img29.imageshack.us/img29/5139/img4595c.jpg

Feb 11, 2011

http://img25.imageshack.us/img25/5541/img4799ga.jpg

When are they going to take the bloody scaffolding down on this place? No clue how it actually looks yet, besides the scale of the development.

top secret.lol

I cannot even tell if it is being cladded or not, just looks like a concrete shell under there.

Feb 25 2011

Some encouraging news - the scaffholding is starting to reveal what lies underneath. Trust me it looks good so far.

http://img43.imageshack.us/img43/60/img5456g.jpg

http://img109.imageshack.us/img109/5463/img5472k.jpg

http://img155.imageshack.us/img155/1416/img5229ec.jpg

http://img560.imageshack.us/img560/12/img5227g.jpg

It's all white with contrasting dark features/details!!
Why did I think it was going to be a dark coloured building...?

[QUOTE=CULWULLA;55810751]i saw example of the double glazing glass last week at work. looks great.nice dark grey.
this will look a treat from bradfield hwy
http://img.photobucket.com/albums/v190/Muse11/GloucesterStreetApts.jpg[/QUOTE

I was the same Brizer - for some reason I actually thought it was going to be green?! But looking back at renderings previously posted I guess the reality is pretty much what we should have been expecting - maybe there's a little more white in reality, but generally pretty accurate in colours.

Ah, mystery solved. Note that Fabian's pics show the short side but the illustration shows the long side so I guess there is more dark glass on the latter.

The top was originally planned to be grey but has come out white.

Colliers International have advised that completion is forecast for July 2011.
115 of the 122 apartments in the tower have been sold, the five Reynell Terraces are still available.

wow, thats impressive sales. only 7 left? fark some people have some money.

wow, thats impressive sales. only 7 left? fark some people have some money.


They have indeed.

I do not know what prices the penthouses are on the market for at the moment but when offered off the plan three years ago they were $16,500,000 each.

The last sub-penthouse to sell (recently) went for $6,399,000.

Units become much more affordable as one moves down the tower.

Define 'affordable' given that sub-penthouse sold for $6.39m!

wow, thats impressive sales. only 7 left? fark some people have some money.

In Sydney there is always some demand at the top end of the market.

would have been a shocker to move into if it wasnt for the sound proof glazing.

Define 'affordable' given that sub-penthouse sold for $6.39m!

"Affordable" is always going to be subjective, and I do not know the original prices when offered off the plan for the units lower down the tower, but the prices currently being asked must be a guide.

Upper level (say level 18) two and three bedroom units are around $1,800,000 upwards, depending on which side they are on (Northern has the views, Southern less so).

As the levels go down so do the prices; I am guessing that the one bedroom units were around $650,000 off the plan. A lot of money I agree but this is the Northern end of the CBD so a premium is to be expected; a comparison might be one bedroom units in the Northern end of Macquarie Street, generally over $1,500,000 at the moment and appear to be selling well.

The penthouse in The Hyde is on offer at (I think) $20,500,000, the sub penthouses sold for around $7,250,000, as always there are clients at the top and bottom ends even though the middle is in trouble.

I had made an enquiry when it was selling originally, and there were only a couple of 1 beds left ... at $750k. :shocked: I said thank you and quietly hung up the phone.

I had made an enquiry when it was selling originally, and there were only a couple of 1 beds left ... at $750k. :shocked: I said thank you and quietly hung up the phone.

My guesstimate was out by $100,000; the fact that there were only a couple of one bedders left when you enquired indicates a strong response from buyers.

I think I failed to allow enough of a premium for being at the Northern end of the CBD.

'"Affordable" is always going to be subjective'

Totally right - my comment was more an exclamation to indicate my reeling brain at the juxtaposition of the price and the concept of 'affordable' - & what I can afford, of course! And what I can afford excluding a monstrous win at Lotto is nowhere near anything in that building. In fact, I doubt I could afford a car space there!
So, who ARE these people who can afford these prices??!!

So, who ARE these people who can afford these prices??!!

I think the technical term is Bastards ... ? Just joking.

Now, now, Jono, you must be accurate and not throw around such terms loosely and in an abandoned manner. I think you meant to say "Rich Bastards", didn't you now?

I think the technical term is Bastards ... ? Just joking.

Who is buying? Impossible to really know but my thoughts (in no particular order) are:

1) Corporate buyers (to house visiting executives),

2) Overseas buyers:
(a) to rent out,
(b) to occupy,
(c) for their children to occupy while studying here,
(d) to sell when completed,

3) Empty nesters,

4) Highly paid couples who work long hours in the city and who have no children,

5) Older singles who do not want to care for a house,

6) investors:
(a) to rent out,
(b) to sell when completed,

7) Wealthy couples who will live there only during the week and have a country house for weekends.

Anyone have any other thoughts?

Well documented and I'd say you are exactly right, except, of course, the heading: Rich Bastards, as there wouldn't be anyone from the hoi polloi among them.

March 4, 2011

http://img560.imageshack.us/img560/159/img5770g.jpg

im one of those lucky bastards who bought apt. 17 B in this fabulous building. Im based in New York and have been following this site closely. Preinspection is set for july , will post pics then. Many thanks for the constant updates on the ext. of this bldg.

^^
Lucky bastard indeed!!

What made you decide to invest in Sydney and this building in particular?

Mom and sis and bro live in Sydney, im a doc based in ny and eventually will move to Ozzy land since im single and my sister says when im old nobody will love me anymore!
I do love Sydney and visit for a month every xmas.
paid 1.6 , was lucky to transfer substantial amt. when oz dollar was 65 cents!got a 2 bedroom northeast corner facing the harbor though f***ing Shangri LA hotel will be blocking opera house view( maybe).very excited about the apt. will be making a trip in july for the closing.

That's a pretty good price. I think $1.6m is reasonable for the area and size of the unit.