The Barangaroo precinct’s newly approved towers have claimed a slew of residential records in recent years dwarfing sales by the tens of millions of dollars in established apartment and housing markets. Tower 2 is planned to include 297 apartments and spread through 60 levels with a glazed pedestrian walkway connecting it to Tower 1. Located in Green Square, this iconic development is designed by Koichi Takada Architects and offers sun-filled apartments that embrace natural light and boast expansive living spaces yet provide absolute seclusion from the world around you. “The record-breaking penthouse sale is confirmation that the Barangaroo South precinct is a world-leading location where people aspire to live, work and visit. Earlier this week, steel billionaire Sanjeev Gupta exchanged about $35 million to buy the historic Potts Point mansion Bomera from Leanne Catelan, daughter of the late property data entrepreneur Ray Catelan. window['fe-co-audience-experiments-fe-co-audience-experiments_1'] = {"position":"middle","theme":"domain"}; Infrastructure giant Lendlease has commenced work on Tower 1 and the slightly smaller Tower 2 following approval in 2017. The penthouse has been designed as a single residence. “The sale of the penthouse at One Sydney Harbour is a paradigm shift for theAustralian property market with an apartment claiming the title of Australia’s most valuable residential property for the first time, a title historically reserved for significant houses," said Kylie Rampa, Lendlease's chief executive for property. Log in  |   The final of the three towers received planning approval earlier this month. Last year, veteran venture capitalist Bob Blann exchanged more than $40 million for a whole-floor apartment a few levels above Packer’s two-storey apartment in Crown … 301 Botany Road, Zetland NSW 2017 Planning records show Tower 1 is set to be 247 metres high with 317 apartments approved over 72 levels. Tower 1 is the tallest of three buildings in the One Sydney Harbour development, all of which were designed by Pritzker Prize-winning architect Renzo Piano, whose landmark contributions include The Shard building in London and the Centre Georges Pompidou in Paris. The total home includes nine-bedrooms, with more than 1,600 square metres of living space with eight-metre-high ceilings. The penthouse is the most expensive sold in Australia. The Tower 1 sale is expected to offer a much-needed boost to Sydney’s trophy home market, which has suffered from a distinct lack of high-end listings and sales this year compared with last year’s bull run of sales. the $60 million purchase two years ago by James Packer. The off-the-plan sale includes the two-storey penthouse atop the Renzo Piano-designed building and a sub-penthouse directly below. The off-the-plan sale sets a record for the most expensive home in the country, pipping the $100 million acquisition by tech billionaire Mike Cannon-Brookes and his wife Annie of the historic Fairwater estate at Point Piper little more than a year ago. With selections ranging from studio, one, two and three-bedroom apartments, this is the perfect place to create a home that embraces imagination, innovation and individuality. As Sydney’s house price falls near the dreaded 15 per cent mark, the harbour city’s prime residential market is still holding up with Crown Resorts’ recording more than $160 million in sales. The top three floors of Tower 1 development at Barangaroo South have been sold for $140 million making it the most expensive residence in Australia. Green Square Luxury Apartments. Earlier this month, the state’s Independent Planning Commission approved the development application of the third, final building, a 30-storey residential and retail building with 210 apartments despite reservations by the City of Sydney. To book an inspection visit Infinity by Crown Group or call 1300 826 012 to speak to one of our specialist sales team. Call or click 1800 882 160 for priority service. received planning approval earlier this month. Crown Group have a reputation for building high quality luxury apartments in Australia. A further seven whole floor apartments have been sold already, said Lendlease's global sales head Ben Christie. Infinity by Crown Group is on the doorstep of the civic plaza, the Green Square Library, Gunyama Park Aquatic & Recreation Centre, childcare centre and open spaces. Plans for the 1600-square-metre mega-penthouse include nine bedrooms, a dramatic entry foyer, eight-metre-high ceilings, a rooftop swimming pool, spa, gymnasium and a vast main bedroom that is equal in size to many family homes. Australia's most expensive residence, worth more than $140 million, will sit atop the One Sydney Harbour project after its developer Lendlease secured a buyer for the top three floors. the historic Fairwater estate at Point Piper little more than a year ago. Already more than $1 billion in sales and commitments have beenachieved across the project, with many of the buyers local customers. That allows theadditional third floor – which forms part of the overall home – to function as a separate residence. Infinity by Crown Group sits proudly at the gateway to Green Square Town Centre, the City of Sydney’s $13 billion revitalised urban epicentre and one of Sydney’s most interconnected city precincts. Ready to move in, completed apartments are now available for sale. It also eclipses the $60 million purchase two years ago by James Packer of two floor apartment in the Crown Sydney Residences at the Crown Sydney Hotel Resort, just next door. info@crowngroup.com.au, Copyright © 2020 Crown Group. ", Sign up to our new weekly Inside Property newsletter, Help using this website - Accessibility statement. The the three residential towers of Lendlease's One Sydney Harbour development at Barangaroo.   Email Rising majestically above the bustling Barangaroo Precinct, Crown Towers offers unparalled luxury accommodation in Sydney. Rumours of the record sale were confirmed only on Friday by a source who said there had been multiple whole-floor apartment sales in the building already. (02) 9925 0598 Earlier this month, high-profile plastic surgeon Michael Miroshnik sold his Vaucluse property for more than $35 million to Sunny Ngai, the son of the late toilet paper king Henry Ngai.   Fax That came just days after Westpac board member Steve Harker sold his waterfront home in Point Piper for more than $40 million. New and off-the-plan residences offer a greater appeal to international buyers because they are usually sold with an exemption certificate meaning foreigners do not require approval from the Foreign Investment Review Board. Sales 1800 888 800 A modern masterpiece, Infinity by Crown Group’s luxury apartments incorporate leading technologies in energy efficient lighting and climate control. The building also offers Crown Group’s signature resort-style amenities including: The building is home to a vibrant ground floor retail plaza Infinity Square, which includes an outstanding selection of retailers including Butcher & The Farmer, Social Society, McDonald’s, Bashan Noodle, Gong Cha, Miracle Supermarket, Venus Nails, Infinity Health Medical Centre and more. Completed in 2019, Infinity by Crown Group has become an architectural icon in the heart of Sydney. A deal worth more than $140 million for the most expensive residence in Australia has been inked for the top three floors of Lendlease’s yet-to-be-built Tower 1 development at Barangaroo South. With perfectly framed views of Sydney’s skyline, each room heralds sophisticated, modern décor capturing the essence of the gorgeous and unique harbourside setting. “A key differentiator for the One Sydney Harbour towers is that we’ve curated the entire precinct surrounding it, which ensures everything works together, complements each other and is considered holistically.”. Yet to be built, the two-level penthouse and the sub-penthouse apartment in the tallest of the project's three-tower have been sold in a single deal to an Australian resident who will live there with his family, Lendlease confirmed on Saturday. Sydney’s most expensive residence sold for more than $140 million, $100 million sale last year for the Point Piper estate Fairwater to tech billionaire Mike Cannon-Brookes, Point Piper estate Fairwater sold for $100 million, Bomera sold for almost $35m to Sanjeev Gupta, Bob Blann exchanged more than $40 million, bought adjoining penthouses in the Bondi Pacific building overlooking Bondi Beach for $21 million, Sanjeev Gupta exchanged about $35 million, Michael Miroshnik sold his Vaucluse property for more than $35 million. “Demand for residences throughout the tower has been extremely high, attracting strong local and global interest. Despite the vast internal footprint, the sale eclipses the $100,000 per square metre level, topping the previous per square metre record of $96,400 set in 2017 when a 280-square-metre penthouse in the Opera Residences development at Circular Quay sold off-the-plan to the Salteri family. Lendlease declined to comment for this story but confirmed the deal on Saturday morning, and released three artist’s impressions after this story was published. "There is significant depth in the super luxury apartment market in Australia.   Ph Keep in touch with what’s happening at Crown Group. Independent sources say the two apartments were purchased in one line by a local who is expected to make the penthouse their home when completed in late 2023 and use the sub-penthouse as separate living quarters. The two storey penthouse at the 72-storey Tower One has set another record as well, breaking through the $100,000 per square metre threshold. Sydneyu2019s most expensive residence sold for more than $140 million. It features a roof-top pool, spa and gymnasium, as well as a master bedroom that is bigger than most homes. (02) 9925 0088 Just four ultra-high-end apartments sold off-the-plan for more than $40 million each at One Barangaroo, Knight Frank broker Erin Van Tuil confirmed. In the first half of this year, there were only a handful of sales in the $20-million-plus range, but in recent weeks three trophy houses have sold for more than $30 million. This field is for validation purposes and should be left unchanged. Completed in 2019, Infinity by Crown Group has become an architectural icon in the heart of Sydney. 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The result tops all of Australia’s previous house and apartment records, including the $100 million sale last year for the Point Piper estate Fairwater to tech billionaire Mike Cannon-Brookes and James Packer’s $60 million purchase of a two-storey apartment in 2017 in Crown Resorts’ One Barangaroo next door. All three towers in One Sydney Harbour project - the other two are 60 storeys and 30 storeys respectively - have been designed by Pritzker Prize-winning architect Renzo Piano.