Strong off-the-plan interest for Lend Lease's Barangaroo residential hub
By Nicola Trotman
Wednesday, 10 April 2013
The first two apartment buildings of the Barangaroo development on Sydney’s CBD waterfront have attracted strong preliminary registration interest since the planning applications were submitted in November last year by Lend Lease.
By the time the apartments go on sale later this year, Lend Lease have estimated a 10,000 plus enquiry pool.
Lend Lease has appointed CBRE as the lead selling agent for the residential community which is dubbed the most significant Sydney CBD waterfront residential offerings since the release of apartments at Circular Quay and Woolloomooloo in the 1990s.
"The level of enquiry is above anything we have seen in the last 20 years for new apartments on the harbour from East Circular Quay to Walsh Bay," CBRE’s chairman of residential projects Justin Brown told The Financial Review.
Property Observer first reported on the two apartment buildings in November.
The two apartment buildings will range in height from seven to 11 storeys and comprise of 159 apartments of one-, two- and three-bedroom apartments.
The 47 one-bedroom apartments will range from about $1 million and the 100 two-bedroom units will be priced from $2 million.
Also on offer will be 11 dual-level luxury loft apartments and one double floor penthouse.
The apartments are the work of Richard Francis-Jones of FJMT and Andrew Andersons of PTW.
PTW & Andersons
The 10-storey building designed by Francis-Jones includes a striking cloud-shaped design for the apartments and balconies at the north of the 82-apartment building overlooking the new public square and harbour cove.
The 77-apartment, eight-storey building designed by Andrew Andersons includes substantial rooftop gardens and green plantings.
Brown says the Baranagaroo develop is Sydney’s last significant CBD waterfront residential offering.
“These contemporary-designed apartments offer the quintessential Sydney Harbour living experience,” says Wilson.
The apartments are scheduled for release later this year and have an expected completion date of mid-2015.
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