Indulge in city luxury in this rare Sydney find
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Your seat for the Sydney New Year’s Eve fireworks is booked – once you’ve signed on the dotted line for this exceptional property in the landmark REVY building at Pyrmont.
With views to the north across Circular Quay to the Sydney Harbour Bridge, the best of both worlds is within easy reach, offering the energy of the city and Star Casino while being positioned on the quieter side of Darling Harbour.
This single level apartment at 8 Darling Island Road is generous enough to accommodate a large family, with five bedrooms, five bathrooms within the 326sqm of floor space, as well as three car spaces. The spacious master suite has the best views of the city, which is in addition to a shared rooftop terrace for entertaining friends. As you might expect, the bathrooms are finished in stone and the kitchen is stainless steel.
Although it’s in the heart of the city, this home also offers a dedicated home office with excellent connectivity for maximum flexibility.
The apartment is in the heritage listed Royal Edward Victualling Yard (REVY) building, designed by Walter Liberty Vernon and opened in 1907. Constructed from solid brick with a sprinkler system and lifts – considered quite innovative for the time – it was used as a warehouse for the navy before it became an office block in the 1970s. It was eventually converted into luxury apartments and is one of the few surviving examples of narrow warehouses in Sydney.
This rare offering could be yours for a cool $20 million.
Address: The Revy Penthouse, 801/8 Darling Island Road, Pyrmont
Price guide: For sale – Guide $20 million
Agent: McGrath Pyrmont – Robert Alfeldi, 0418 982 688
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 Westpac-Melbourne Institute Consumer Sentiment Index slipped to 84.6 in September from 85.0 in August
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SYDNEY—Australian consumer confidence fell in September amid concerns about job security as economic growth slows to a crawl.
The Westpac-Melbourne Institute Consumer Sentiment Index slipped 0.5% to 84.6 in September from 85.0 in August.
While cost-of-living pressures are becoming a little less intense and fears of further interest rate rises have eased, consumers are becoming more concerned about where the economy may be headed and what this could mean for jobs, said Westpac’s Head of Australian Macro-Forecasting, Matthew Hassan.
Consumers remain concerned about rising inflation, which is stoking concerns that interest rates may rise further, Hassan added.
The report comes a week after data showed the economy barely registered a pulse in the second quarter as consumer spending dropped sharply.
On-year GDP growth in the second quarter was the weakest since the early 1990s, excluding the pandemic years.
At the same time, the Reserve Bank of Australia continued to signal that interest rate cuts are unlikely in the near term, while adding that under certain circumstances a further hike in interest rates may be needed.
The RBA remains concerned about price growth, with core inflation remaining stubbornly elevated at nearly 4.0% on year in the second quarter.
Still, while consumers are downbeat, economists expect spending to regather momentum over coming quarters as income tax cuts delivered in July boost household budgets.
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.
