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Mar
11
2020

$5.5 MILLION PENTHOUSE SETS A NEW SALES RECORD IN ARC BY CROWN GROUP

11 MARCH 2020 The Arc by Crown Group penthouse with its breathtaking views across the city and Pyrmont Bay has sold for $5.5 million, setting a new sales record in the iconic Clarence Street building.

The penthouse contains everything one’s heart desires, from designer interiors, a prime city centre location, stunning views from all rooms and an expansive wrap-around water feature. It also offers access to the rooftop Horizon Lounge equipped with barbecue and bar facilities, and Crown Group’s signature resort-style amenities like an indoor Ice Cave pool, spa and fitness facilities.

The 25-storey tower has become a global icon since it opened in late 2018, winning several international architecture awards for its striking heritage-inspired street level rustic brick façade and 59 gleaming white cathedral-like curved arches.

Designed by internationally acclaimed Koichi Takada Architects, the building has 148 apartments and a ground-floor serviced apartment hotel, SKYE Suites Sydney, and new retail and dining precinct called Our Skittle Place.

Spanning the entire top floor, the level 28 penthouse takes in stunning views of the city in all directions, from each of its three bedrooms, three bathrooms, vast living areas and is encircled by a calming water feature and a balcony.

Crown Group Director of Sales Prisca Edwards said this was a sign that the Sydney property market was thriving, particularly at the top end. She said Crown Group has a limited number of Penthouse Collection residences. There are now only four for sale at three of its Sydney developments, after two of the spectacular homes sold in the past month.

“When it comes to quality apartments, buyers are still there, and they are happy to pay for the convenience of a great location, a lock-up-and-leave lifestyle, a knock-out view that no one else has and those top-end quality finishes,” Mrs Edwards said.

“Penthouse residents want the best – that sense of being able to have something that other people don’t have. For example, our penthouses are really well designed to host events, for people to entertain in either their own spacious living room or outdoor lounge area with breathtaking views. Also, the services we offer that foster a sense of community, where neighbours can get to know each other at shared facilities at beautiful locations.”

Two of the penthouses are in the exciting new Japanese-themed residential community at Waterloo, Mastery by Crown Group, offering some of the only Sydney penthouses in Sydney to feature a traditional Japanese hinoki timber onsen style bath. Designed by world-renowned Japanese architects Kengo Kuma and Koichi Takada, as well as Sydney based architects Silvester Fuller, the five-tower development will have Sydney’s first Japanese eat street, complete with Crown Group’s signature resort facilities including an infinity-edge rooftop pool, gym, spa, mini-cinema, community room and a ground-floor retail precinct. Two penthouses are priced from $3,788,000 to $4,929,000.

An extraordinary new penthouse at Infinity by Crown Group in Green Square has just come on the market and offers an opportunity to have the best home in a new precinct that offers everything one needs on one’s doorstep – from new dining outlets like Butcher and the Farmer and cafes, a Miracle Supermarket and soon, a new SKYE Suites hotel next to Green Square’s fantastic new award-winning public library, just one train stop from the airport. The penthouse is priced at $3,950,000.

In North Sydney, Skye by Crown Group offers a magnificent penthouse with Sydney’s most dazzling harbour views all the way to Bondi Beach and the convenience of North Sydney’s great shopping and train station access, priced at $4,500,000.

Each Penthouse Collection residence offers kitchens equipped with premium appliances, designer tapware, polished stone surfaces, feature wall panels, an abundance of storage and bespoke cabinetry. They also have floor-to-ceiling glass, ducted air conditioning, a freestanding tub in the master suite and expansive outdoor spaces.

For more information on apartments for sale visit https://www.crowngroup.com.au.

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