Property of the Week: 5903/1A Barangaroo Avenue, Barangaroo
A rare and opulent offering in the heart of Barangaroo.
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If you’ve ever ventured around the newly established precinct of Barangaroo—one of Sydney’s most important waterfront renewal projects in decades—it will become immediately apparent just how extensive its re-development has been. What once was a gasworks site and container terminal is now a thriving oasis in central Sydney; a new waterside precinct with restaurants, bars and more that locals and tourists alike flock to year round.
Not surprisingly, it has also become a highly desirable place to live. Enter 5903/1A Barangaroo Avenue, Barangaroo —a three-bedroom, three-bathroom luxury apartment on Level 59 of Crown Sydney’s One Barangaroo locale.
Seldom do property listings like this become available, particularly so soon after its completion (the apartment is less than two years old). Providing all the luxurious amenities and service one can expect from such a location, this expansive home—which is just one of 79 residential apartments—is opulent in every sense of the word.
This residence represents the pinnacle of luxury living at 5903/1A Barangaroo Avenue, with panoramic views of both Darling Harbour and the Sydney Opera House. Featuring three spacious bedroom suites, each with adjoining ensuites, the residence is suited to both family members and their guests who can meet in the entertaining area where attention to detail, particularly in its design, is apparent. Materials include marble, artisan timber and leather interiors, chosen to complement designer lighting fixtures and a world-class chef’s kitchen with a bookend Calacatta benchtop and Sub Zero fridges.
Living in such surroundings calls for the hospitality and service Crown has come to be known for. Residents have access to six-star hospitality establishments with priority seating—as well as a residents-only bar and restaurant—a dedicated pool and private tennis court, valet service, and even room service should you desire.
Above all else, Barangaroo South is brimming with activity; once a neglected and inaccessible area of Sydney, now residents and visitors will benefit from the dynamic cultural, residential, business and retail hub that Barangaroo has become, yet is only moments from the city’s CBD precinct.
A win-win for young couples, downsizers, and families young and old who aspire to enjoy the best of city-living without compromising on a premium lifestyle.
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Address: 5903/1A Barangaroo Avenue, Barangaroo NSW
Price guide: $15.5 million
Auction: Private Sale
Agent: The listing is with McGrath Millers Point, Richard Shalhoub (0414 466 973) and Richard Sholl (0430 803 424)
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
The announcement follows shareholder and regulatory approvals being met
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Knight Frank and Bayleys has completed its acquisition of leading Australian real estate firm, McGrath Limited, it was announced today.
The news follows regulatory and shareholder approval, with the Scheme of Arrangement coming into effect on June 17 and implemented on June 27.
McGrath Limited is the third largest real estate group in the country, according the data from CoreLogic, behind behemoth Ray White and stalwart LJ Hooker.
McGrath founder and CEO John McGrath said in a statement that he welcomed the move.
“We are delighted to be joining forces with two of the greatest real estate brands in the world,” Mr McGrath said. “Knight Frank is the most prestigious residential agency globally and provides us and our customers with instant access to the best global network and the most sophisticated international buyers in the world.
“Our goal is to build Australia’s leading and finest real estate brand over the next few years and this new partnership and network puts us in an extraordinarily strong position to do just that.”
Between them, Knight Frank and McGrath have 171 offices across Australia and Knight Frank is the largest privately owned real estate agency in the world with more than 740 offices worldwide.
Mr McGrath will remain at McGrath Limited as chief executive and managing director and retain his 23.3 percent shareholding in the company. Mr McGrath will also be on the new board of directors, along with Knight Frank Australia CEO James Patterson, Knight Frank Global head of residential Rupert Dawes, Bayleys managing director Mike Bayley and Bayleys finance director Ken MacRae.
Mr Patterson, CEO at Knight Frank Australia, said the acquisition represented a significant milestone in the company’s international expansion.
“McGrath is a great fit culturally,” he said. “We are aligned on many areas including our values, how we operate and our brand positioning. The Knight Frank, Bayleys and McGrath teams will continue to operate on a ” business as usual” basis, but with each party gaining access to vastly broadened networks, stretching across multiple borders, unlocking greater opportunities for our clients.”
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
