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Jun
25
2019

$6.5M INNER CITY SYDNEY PENTHOUSE FOR SALE

25 June 2019 Buyers’ interest in the top end of the property market in Sydney remains strong, as seen in the recent enquiries received by Crown Group’s sales team, and the 35 buyer groups who have visited the penthouse at Arc by Crown Group. 

This follows the sale in April of a three-bedroom penthouse for $3.28 million at Waterfall by Crown Group in Waterloo, a new development, which will soon be home to one of Australia’s tallest man-made waterfalls and lush tropical gardens.

Crown Group broke a record for the area last year, with the $4.5m sale of a super penthouse set over three levels with a vast 173sqm of internal space and 130sqm of terrace space. Two penthouses are available for sale at Waterfall, and another three at nearby Mastery by Crown Group.

Crown Group Director of Sales Prisca Edwards said demand had remained strong for high-end offerings in the luxury sector of Sydney’s residential property market.

“Prestige buyers at that level are attracted to the sense of privacy, luxury and the exclusive location they get in a penthouse – and that doesn’t ever change, regardless of what is happening in the market,” Mrs Edwards said. “These apartments offer a level of sophistication that goes to the highest level of quality, consideration and detail. Each of these exquisite escapes offers a one of a kind design in an unbeatable location and that is why they are in such high demand.”

The Penthouse for sale at Arc by Crown Group

The penthouse at Arc by Crown Group was completed in late 2018 and contains everything a heart desires, as well as access to the rooftop Horizon Lounge equipped with barbecue and bar facilities, and Crown Group’s signature resort-style pool, jacuzzi and fitness facilities.

Designed by internationally acclaimed Koichi Takada Architects, the level 28 penthouse takes in stunning views of the city in all directions, from each of its three bedrooms, three bathrooms and vast living areas. Extensive natural light creates warm and inviting living and dining spaces, ideal for entertaining. There is plenty of living and storage space as well as two dedicated car bays. An east-facing balcony and a calming water feature encircle this breathtaking penthouse, the only apartment on the building’s top floor.

The kitchen and bathrooms are equipped with Miele appliances, designer tapware, polished stone surfaces, an abundance of storage and bespoke cabinetry. Equipped with home automation, ducted air conditioning, central atrium garden, rooftop water feature and a freestanding tub in the master suite, the apartment has set new benchmarks in architectural excellence and luxury living for Sydney.

“The penthouse at Arc by Crown Group offers the only chance to live in Sydney’s premier address, in its most sought-after new precinct at Our Skittle Place, close to the biggest shopping area in Sydney, to Barangaroo and two blocks from the Louis Vuitton store,” Mrs Edwards said. “It’s the best luxurious inner-city lifestyle you can find in Sydney – but with a slice of New York lifestyle. It is your last chance to secure this spectacular property.”

The selling price for the Arc by Crown Group penthouse has been set at $6.5 million.

Penthouses for sale at Waterfall by Crown Group, Waterloo

Two stunning penthouses are nearing completion at Waterfall by Crown Group, priced at $3,536,000 and $3,640,000 respectively.

Designed by award-winning architects SJB, the development spans three low rise buildings surrounded by lush tropical gardens and one 20-storey tower. Its many natural design features include a tranquil internal lagoon, a lush rooftop escape with private outdoor cinema and tropical bamboo walk, as well as one of Australia’s tallest man-made waterfalls at 22 metres high.

Residents will have access to Crown Group’s signature resort-style facilities including an Infinity edged rooftop pool with a sky garden and terrace, a recreational deck, Sky Gym, rooftop outdoor Sky Cinema on Level 23, function room with a catering kitchen and music room with grand piano, as well as convenient location, only four kilometres from Sydney’s Central Business District, 10 minutes from the airport and 15 minutes to the beach.

The display apartments are located at 18 O’Dea Avenue, Waterloo.

Penthouses for sale at Mastery by Crown Group, Waterloo

Located in Waterloo as well, there are three penthouses for sale at Mastery by Crown Group in the 20-storey tower designed by world-renowned Japanese architect Kengo Kuma. The tower has a timber-clad design and a green exterior with a ‘stacked forest’ appearance.

Each penthouse has an ample 150 to 171 sqm as well as spacious outdoor areas and spectacular panoramic views of Australia’s most beautiful city as well as surrounding suburbs of Zetland and Green Square. The Mastery Penthouse Collection apartments are priced from $3,750,000 to $4,880,000.

Inspired by the interplay of light (hikari) and shadow (kage), Koichi Takada Architects has created modern and sophisticated Japanese-inspired interiors with a generous use of natural materials, timber tones and soft warm hues.

The Mastery Penthouse Collection features kitchens and bathrooms with high-end finishes and appliances. Travertine is used in the kitchen island benchtops, splashbacks, and in the bathroom walls, floors and vanity benches. There are premium Smeg appliances throughout, including rangehoods, gas cooktops, ovens, steam ovens, microwave ovens and coffee machines. Also included are two warming drawers, two dish drawers, and a wine fridge. Floor to ceiling glazing, timber floorboards, Japanese standard Toto combined automated toilet/bidet and home automation complete the offering. Buyers will have the option to upgrade to a Japanese onsen style bathtub in their ensuite, soaking in a natural style with the use of unusual hinoki timber for bathtub.

“It’s hard to find penthouses where you have everything in the one place – a sophisticated urban lifestyle, surrounded by nature, with a tranquil inner retreat, away from the business of city life,” Mrs Edwards said.

“I think that’s the beauty of it – there’s nothing else like Waterfall and Mastery penthouses in this area. You can take advantage of all the convenience you could ever imagine in such a beautiful location.”

For more information on Crown Group properties for sale visit www.crowngroup.com.au.

 

Media Interviews

Crown Group Director of Sales Prisca Edwards is available for interviews on request.

Images & video

Images and video are available upon request including artist impressions, photographs of display apartments and computer-animated ‘fly-through’ footage of selected Crown Group developments. 

Media Enquiries – Crown Group

Natasha Granath, PR & Communications Manager

(02) 8904 7051

natashagranath@crowngroup.com.au

Lina Guo, Communications Executive

(02) 9925 0088 or 0429 459 510

linaguo@crowngroup.com.au

About Crown Group

Crown Group Holdings (Crown Group) is a leading Australian property group specialising in property development, property investment and serviced apartments. The company was co-founded by architect Mr. Iwan Sunito and engineer Mr. Paul Sathio with its first project in 1996.

Crown Group has successfully completed major developments in Sydney’s best locations including Bondi, Bondi Junction, Parramatta, Ashfield, Epping, Homebush, Newington, Pennant Hills and Rhodes and most recently the 25-storey Arc by Crown Group in Sydney CBD.

Today, Crown Group boasts a $5bn portfolio of projects under development and in the pipeline and is currently developing four major projects in the Sydney area: Infinity by Crown Group in Green Square; the $500 million five tower precinct Mastery by Crown Group in Waterloo being developed with Mitsubishi Jisho Residence; Waterfall by Crown Group in Waterloo; and Eastlakes Live by Crown Group the most exciting new address in the Eastern Suburbs.

Crown Group launched its first SKYE Suites in Parramatta in August 2017 and SKYE Suites Sydney in October 2018.

www.crowngroup.com.au

Awards

Crown Group has been awarded more than 30 high-profile industry awards including the 2018 UDIA NSW Best Mixed-Use Development and 2016 International Property Awards Best Residential High Rise Architecture Australia for V by Crown Group Parramatta; 2017 Property Council of Australia’s Annual Property Congress’ one of the World’s best projects for Infinity by Crown Group; 2017 Master Builders Association (MBA) NSW Excellence in Construction Awards for Skye by Crown Group, 2015 International Property Awards Best Residential Development Australia for Arc by Crown Group, 2015 Master Builders Australia (MBA) NSW Excellence in Construction Awards for Viking by Crown Group Waterloo and 2014 Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for the seven-tower, resort-style Top Ryde City Living.

www.crowngroup.com.au/industry-recognition/

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