Inside Abadeen's Penthouse Crowning Park Residences in Cremorne
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Inside Abadeen’s Penthouse Crowning Park Residences in Cremorne

The completed penthouse at Park Residences showcases a considered approach to luxury apartment living, combining northern light, curated interiors and the privacy of a whole-floor residence.

By Partner Post
Mon, Sep 14, 2026 10:00amGrey Clock 6 min

There is a fundamental advantage in being able to walk through a newly built penthouse before deciding to buy it. 

The purchaser can see how northern light moves through the living room, judge whether the terrace is large enough for entertaining and understand the real relationship between the interiors and the view. The quality of the stone, joinery and finishes no longer needs to be imagined from a sample board. 

That certainty forms an important part of the appeal at Park Residences in Cremorne, where Lower North Shore specialist Abadeen has released the completed whole-floor penthouse for sale by expressions of interest. 

Occupying the building’s uppermost level, the residence spans 295sqm on title, including a 74sqm wraparound terrace. It has three bedrooms plus a study, 2.5 bathrooms and private lift access, with its principal rooms oriented north towards the leafy surrounds of Cremorne and Middle Harbour. 

Park Residences Penthouse, Cremorne

The scale is intended to feel closer to a freestanding home than a conventional apartment. It is also the crowning residence in a completed collection of just 11 homes, giving the building a degree of privacy increasingly difficult to find in larger residential developments. 

A penthouse designed from the inside out 

The penthouse is the product of a collaboration between Abadeen founder and executive chairman Justin Brown and designer and curator Jack Freeman, founder of FREEMAN & CO. 

Their brief extended beyond specifying premium finishes. The intention was to create an established private residence — a home with warmth, art and individual pieces — rather than an immaculate but impersonal display apartment. 

“The experience begins the moment the lift doors open,” Brown says. 

“You’re welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.” 

Park Residences Penthouse, Cremorne

Brown says that when someone walks through the front door, they pause. 

“It’s not just the view, it’s the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly. It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living.” 

Freeman’s approach is based on the idea of collecting rather than decorating. Furniture, lighting and art are selected for their form, provenance and relationship to the architecture, producing an interior that appears to have developed over time. 

At Park Residences, the curation includes furniture by Parisian design house Pierre Augustin Rose and the sculptural Ball and Shade pendant by London studio Square in Circle. 

Park Residences Penthouse, Cremorne

These international pieces sit within an architectural framework of oak flooring, marble surfaces, full-height glazing, integrated joinery and a feature fireplace. 

The result is restrained but not anonymous. Curved and sculptural furniture softens the apartment’s clean architectural lines, while art and distinctive lighting introduce points of personality. Natural stone and timber give the rooms a tactile quality that is intended to age more gracefully than a heavily trend-driven palette. 

Northern light as an architectural material 

The penthouse’s north-facing orientation is central to the experience. 

Floor-to-ceiling glazing brings daylight deep into the principal living spaces and frames a view across the surrounding treetops towards Middle Harbour. Instead of the harder glare and heat that can accompany a western outlook, the northern aspect provides more consistent light through the day. 

That light also changes the character of the materials. Marble, timber, upholstery and metalwork become more expressive as shadows move across their surfaces. 

The main living and entertaining spaces connect directly with the wraparound terrace, extending the usable footprint of the home and giving different parts of the interior access to the outlook. 

Park Residences Penthouse, Cremorne

At 74sqm, the terrace is conceived as a genuine outdoor living area rather than a narrow apartment balcony. It provides space for dining, informal seating and entertaining while preserving the elevated perspective over Cremorne’s greenery. 

The fireplace gives the living room a counterpoint during cooler months, helping the large, glazed space retain warmth and intimacy after dark. 

The appeal of a whole-floor residence 

A penthouse occupying an entire level offers more than additional floor area. 

It can provide separation from neighbouring apartments, greater control over orientation and windows on multiple sides of the building. Private lift access also creates a more deliberate sense of arrival and removes the usual transition through shared residential corridors. 

At Park Residences, those attributes are combined with a boutique building of only 11 residences. 

The comparatively small number of homes should appeal to buyers moving from substantial houses who want less maintenance without accepting the density or anonymity of a large apartment tower. 

Park Residences Penthouse, Cremorne

That downsizer market has become an important audience for luxury developments across Sydney’s established suburbs. Many buyers are not necessarily seeking smaller living spaces; they want to relinquish gardens, external maintenance and ageing houses while retaining room for family, guests, work and entertaining. 

The Park Residences penthouse responds to that expectation with three bedrooms, a separate study, generous living areas and an outdoor space large enough to function as another room. 

Cremorne beyond the harbour view 

The penthouse is positioned at 2 Sutherland Street, opposite Cammeray Golf Club and close to Cammeray Croquet Club and Grand Slam Tennis Cammeray. 

Neutral Bay Village, its cafés, restaurants and shops are approximately 650 metres away, according to Abadeen’s campaign material. The Oaks Hotel is also within walking distance, while the Sydney CBD remains readily accessible by road and public transport. 

This combination of outlook and convenience is an important part of the proposition. 

The residence is elevated above a green Middle Harbour landscape, but it is not isolated from everyday services. For an owner-occupier, the ability to walk to coffee, dining and shopping can matter as much as the panoramic view. 

The advantage of buying completed 

Off-the-plan purchasing necessarily involves interpretation. Buyers assess architectural drawings, renders, finish schedules and display suites before committing to a residence that may not be completed for several years. 

A finished penthouse removes much of that abstraction. 

Prospective buyers can test the privacy, sound, natural light, outlook and proportions themselves. They can also assess whether the interiors and furniture curation align with the way they want to live. 

Park Residences Penthouse, Cremorne

This is particularly relevant at the premium end of the market, where the emotional response to a residence can be as important as its specifications. 

Park Residences is not selling the promise of what its penthouse may eventually become. The rooms, terrace, view and material detail are already there to be experienced. 

The Penthouse at Park Residences is being offered for sale by expressions of interest through SRM Residential. Private inspections are available by appointment. 

At a glance 

  • Property: The Penthouse at Park Residences 
  • Address: 2 Sutherland Street, Cremorne, NSW 
  • Developer: Abadeen 
  • Architecture: MHNDU 
  • Interior curation: Jack Freeman and FREEMAN & CO 
  • Building: Boutique collection of 11 completed residences 
  • Title area: 295sqm 
  • Terrace: 74sqm wraparound entertaining terrace 
  • Accommodation: Three bedrooms plus study 
  • Bathrooms: 2.5 
  • Aspect: North-facing 
  • Outlook: Across Cremorne’s leafy surrounds towards Middle Harbour 
  • Access: Private lift entry 
  • Selected design pieces: Pierre Augustin Rose furniture and the Ball and Shade pendant by Square in Circle 
  • Sales method: Expressions of interest 
  • Selling agency: SRM Residential 
  • Project contact: 1800 700 880


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The completed penthouse at Park Residences showcases a considered approach to luxury apartment living, combining northern light, curated interiors and the privacy of a whole-floor residence.

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Built for Growth: The People and Expertise Behind Kanebridge Finance

From its Liverpool headquarters, Kanebridge Finance brings together decades of banking and lending experience to support developers and businesses across one of Sydney’s fastest-growing regions.

By Ruba Jaajaa
Sun, Sep 13, 2026 3 min

South Western Sydney is undergoing a significant transformation. New infrastructure, expanding industries and sustained population growth are creating opportunities for developers and business owners—but they are also producing increasingly complex funding requirements.

Kanebridge Finance has grown alongside this changing market. Established in 1999 and headquartered in Liverpool, the brokerage combines local knowledge with specialist experience across property development, commercial lending, asset finance and working capital.

Rather than relying on a traditional founder-led structure, the business draws on the complementary expertise of three senior leaders: Marwan Rahme, Jon Gawley and Mark Donovan.

Complementary experience, shared direction

Founder Marwan Rahme continues to shape Kanebridge Finance’s broader vision and growth strategy. His focus on innovation and expanding the firm’s capabilities has helped the business evolve well beyond a conventional finance brokerage.

Managing Director Jon Gawley oversees its day-to-day operations and commercial lending activities. A finalist for the 2026 AFG Best Broker – Commercial Lending award, Jon brings more than 20 years of senior business banking experience from NAB and Suncorp. His understanding of how lenders assess commercial transactions is particularly valuable for developers, business owners and borrowers navigating complex funding decisions.

Mark Donovan leads Kanebridge Finance’s asset finance and working capital offering. Recognised as a finalist for the 2026 AFG Best Broker – Asset Finance award, Mark joined the business following almost three decades in NAB’s business banking division. His team supports businesses seeking finance for equipment, construction activity, cash flow and expansion.

Together, the three leaders provide distinct but connected areas of expertise. Clients benefit from access to a broader team while still receiving advice from someone experienced in the particular type of finance their transaction requires.

Experience demonstrated through delivery

Kanebridge Finance’s position has been built through completed transactions and long-term client relationships.

The brokerage has funded approximately $675 million across residential and commercial projects, arranged $300 million in property development finance and supported the successful delivery of more than 100 projects.

These transactions frequently involve the kinds of challenges that require more than a standard lending approach: complicated ownership structures, staged developments, commercial property, business expansion and time-sensitive capital requirements.

The firm’s work has also received industry recognition. Kanebridge Finance was named MPA Magazine’s Commercial Broker of the Year in 2025 and 2026 and received a Global Best in Mortgage award recognising commercial brokers across the Asia-Pacific region, North America and the United Kingdom.

Local knowledge in a rapidly changing region

Liverpool is more than Kanebridge Finance’s head office location. It places the business within one of Australia’s most active development and investment corridors.

The growth associated with Western Sydney International Airport and the Aerotropolis is contributing to wider industrial, logistics, commercial and residential activity throughout South Western Sydney. For local businesses and developers, these opportunities often bring financing questions that cannot be answered by comparing interest rates alone.

Project location, development timing, lender appetite, cash-flow requirements and future expansion plans can all influence how a facility should be structured. Kanebridge Finance’s presence in the region gives its team an informed understanding of this environment and the ambitions of the people investing in it.

Specialist support without unnecessary complexity

For clients, the benefit of Kanebridge Finance’s leadership model is straightforward: they can work with one brokerage across several stages of growth without receiving generalised advice.

A developer seeking project funding can draw on the firm’s property and commercial finance experience. A growing company purchasing machinery or vehicles can work directly with its asset finance specialists. A business requiring additional liquidity can explore working capital solutions with advisers who understand business banking and cash flow.

Each client is connected with the expertise most relevant to the transaction, while the wider team remains available as their circumstances evolve.

As investment in South Western Sydney continues, Kanebridge Finance is positioned to support the businesses and developments helping shape the region—combining more than two decades of local presence with the specialist capability required to turn ambitious plans into funded projects.

www.kanebridgefinance.com.au

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