Landmark harbourside residences unveiled in Rushcutters Bay
A boutique collection of architect-designed apartments overlooking Rushcutters Bay Park is set to redefine luxury inner-east living, with sales now underway ahead of completion in 2027.
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A new benchmark for boutique harbourside living is emerging in one of Sydney’s most tightly held inner-east locations, with the launch of The Rushcutters, a collection of just 13 luxury residences overlooking Rushcutters Bay Park.
Located at 55 Bayswater Road, the development has been created by the leading property group Third.i Group in partnership with NPACT, and designed by internationally recognised architecture studio Woods Bagot.
The project blends contemporary design with subtle references to the area’s Art Deco heritage, creating what is expected to become a landmark residential address.
Designed to appeal to buyers seeking both prestige and long-term liveability, the residences offer generous internal proportions more commonly associated with freestanding homes.
Expansive open-plan living areas flow seamlessly to large balconies, reinforcing the strong indoor-outdoor connection that defines the building’s architectural vision.
Many apartments are positioned to capture elevated outlooks across Rushcutters Bay Park, the Sydney skyline and the surrounding harbour landscape, enhancing the sense of privacy and connection to the waterfront setting.
A rooftop retreat is also planned as a private sanctuary for residents, providing panoramic views alongside curated spaces for relaxation and entertaining.
Beyond the building itself, the location is expected to be a major drawcard.
Residents will be just moments from the harbour foreshore and within walking distance of the vibrant dining, retail and cultural precinct of Potts Point, while still enjoying the tranquillity of parkside living.
The development targets established buyers, downsizers, and international purchasers seeking a prestigious Sydney base with proximity to the CBD and lifestyle connectivity to some of the city’s most desirable waterfront amenities.
With construction scheduled for completion in late 2027, sales are now underway for what is shaping up to be one of the inner east’s most anticipated new residential offerings.
A Sydney couple has paid $15.5 million for the Grand Penthouse at Marquee’s $285 million La Belle Residences beachfront development which is nearing completion at Palm Beach, eclipsing the record for an off-the-plan apartment sale on the southern Gold Coast. The sprawling single level 640 sqm beachfront residence, with sweeping views of the Gold Coast …
Continue reading “$15.5m La Belle Penthouse eclipses southern Gold Coast record”
On the owner’s deck, a 20-metre swimming pool incorporates Feadship’s patented ContraWave technology and extends indoors as a suspended, glass-bottomed infinity pool.
4 minA Sydney couple has paid $15.5 million for the Grand Penthouse at Marquee’s $285 million La Belle Residences beachfront development which is nearing completion at Palm Beach, eclipsing the record for an off-the-plan apartment sale on the southern Gold Coast.
The sprawling single level 640 sqm beachfront residence, with sweeping views of the Gold Coast north and south, beats the previous record of $14.6 million, set at the Sur Kirra Beach penthouse in Coolangatta in December 2025, and comes in 70 per cent above Palm Beach’s apartment suburb record of $9.1 million.
The buyer plans to make it their permanent home as they relocate to the Gold Coast. The result marks a turning point for Palm Beach. The suburb was once a quiet stretch of beach between Burleigh Heads and Currumbin and now ranks among the country’s most sought-after coastal addresses.
The sale also shows how the top of the market is changing, according to Jacques Winterburn of Marquee, one of Southeast Queensland’s most active private developers.
“For a long time the southern Gold Coast was where people came for holidays. Wealthy interstate buyers are no longer just buying holiday homes here, they are relocating,” Mr Winterburn said.
“These are people who live on Sydney Harbour. They had already decided to relocate to the Gold Coast, and what took the time was finding the right property in the right location. They chose the northern end of Palm Beach. The comparison has changed. They’re weighing Point Piper and Bondi against the premium end of Palm Beach. Absolute beachfront, genuinely quiet, Tallebudgera Inlet a short walk away and Burleigh minutes up the road without the noise and busyness that comes with living there. On space, beach access and lifestyle, this wins.”
The Grand Penthouse is built on the scale of a large house. It has 510 sqm of internal living space and a 130 sqm balcony, five bedrooms each with its own ensuite, a private cinema, an executive office, a wine display and multiple living areas. The hallways are two metres wide, which is almost unheard of in an apartment design.
The building sits on over 40 metres of absolute beach frontage. The penthouse itself runs 34 metres along the beachfront, one of the widest new apartments on the Gold Coast, and occupies a single level, so there are no stairs. Its 270-degree views run uninterrupted from Burleigh Headland and the Surfers Paradise skyline south to Currumbin and Snapper Rocks.
The couple moved quickly, committing within about a month after inspecting completed Marquee buildings across the Gold Coast and bringing friends along for a second opinion.
“They did their homework, but once they had seen the finished buildings the decision came easily,” sales and marketing spokesman Azura Griffen said. “At this price level, buyers wanted to walk through projects we had completed years ago, not look at renders. Track record and trust in delivery are the whole conversation.”
What took longer was the residence itself. Over the following months the couple worked with Marquee to customise the penthouse, reworking the layout so that every key living space looks out over the ocean.
“They knew exactly what they wanted. The ocean had to be in every room, the kitchen, the dining room, the master bedroom, the office,” Ms Griffen said. “Because Marquee is both the developer and the builder, we could work through those changes with them.”
Ms Griffen said the building being close to completion has given buyers confidence.
“Buying off the plan at this level is about trust. Buyers can now walk the site, see the finishes and stand on the balconies. Once they’ve done that, the decision usually makes itself.”
La Belle Palm Beach is due for completion by Christmas 2026. Marquee has already secured its next absolute beachfront site, in the same pocket at the northern end of Palm Beach, with a launch planned for early next year.
“We have a number of buyers who love the northern end of Palm Beach for the same reasons, a quiet serene beach, close to thetranquil waters of Tallebudgera, yet minutes from the restaurants of Burleigh Heads,” Ms Griffen said. “That feedback is why we secured our next site in the same pocket.”
“It will be more boutique, with larger apartments of 190 to 300 sqm and the same world-class amenity. It will be our best beachfront building yet.”
“We are already taking enquiry and pre-registrations, much of it from buyers who missed out at La Belle and want to make sure they do not miss the next one.”
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