The Centennial Collection: $70m in apartment sales ahead of launch
As reported by Stephen Nicholls | Full story here
There have already been $70m in sales ahead of Thursday’s launch of a new luxury apartment block — and the buyers have included residents who were initially opposed it.
There have already been $70m worth of apartments sold ahead of this Thursday’s launch of The Centennial Collection, a two-tower luxury development in Bondi Junction.
And interestingly, some of the nearby residents who had initially been opposed to the project — because of the removal of four terraces — have now bought in, according to sales agent Marcello Bo of Ray White Projects.
“The terraces were falling apart and weren’t heritage,” Bo said. “And, interestingly, some of those who were anti-development fell in love with the project because of the design and have bought apartments there.”
The $300m project will offer 55 apartments designed by SJB’s Adam Haddow, with interiors by Victoria Judge, also of SJB.
Haddow says the aim had been to create “highly tailored, house-like” environments.
“On one of Sydney’s highest points, the buildings have this beautiful sense of elevation right at the edge of the city,” he said.
Judge adds: “Sited as castles high on a hill, the residences are luxurious with a high level of amenity.”
Among the attractions: private rooftop swimming pools, bedroom fireplaces, wet bars, full-size wine fridges and butler’s pantries.
Local developer Stargate had approval for 70 apartments in the two 10-storey towers to be built on the corner of Nelson and Oxford streets.
But it’s reduced the number of apartments due to demand from empty-nesters and downsizers from Woollahra and Paddington who opted to amalgamate units to create larger apartments.
“It’s what buyers wanted,” Bo said. “They loved the floorplates of up to 310 sqm, with 270-degree panoramic harbour, city skyline and parkside views.”
The whole-floor level eight apartments in both towers have sold – one 310 sqm unit in the $12m to $15m range and a 200 sqm unit in the $8m to $10m range.
Two-bedders (83-94sq m internal with 14-59sq m external) are priced from $1,875,000; three-four bedders (110-205sq m internal with 30-213sq m external) from $2.95m and three-four bed penthouses (197-315sq m internal 67-278sq m external) from $5.05m.
The two $16m penthouses, which will feature their own private rooftop terrace and pool, are yet to be launched.
Originally published as The Centennial Collection: $70m in apartment sales ahead of launch