Living the dream with the world’s best harbour at your feet
Luxury living reaches new heights in this harbourside penthouse
2 min
There are luxury residences and then there is 81.01/1A Barangaroo Avenue. This world class penthouse with 360 degrees of Sydney Harbour offers an extraordinary opportunity to enjoy the best the Emerald City has to offer without compromising on space or amenity.
Set across two full floors and spanning over 800sqm, this lavish residence on offer through Black Diamondz enjoys uninterrupted views of the harbour across to Darling Harbour and the Blue Mountains to the west, and the glittering Pacific Ocean to the east.
Perched 245 metres above sea level and a mere 30 metres from the harbour’s edge, this sumptuous residence offers exceptional connectivity to the best Sydney has to offer with abundant living space indoors and out.
Unsurpassed Amenities
The floorplan includes five light-filled bedrooms each with ensuite bathrooms, as well as a lavish master suite complete with walk-in robes, twin rain shower, and steam room that gives new meaning to the word ‘indulgence’. The penthouse offers multiple generous living spaces as well as a spacious home office with commanding views of the harbour. Health and leisure features include a private plunge pool, cinema room, and gym. There is also more than 50sqm of outdoor living space spread across three protected balconies, connected by a feature staircase and a private internal lift that opens to a galleried second floor.
Architectural and Design Marvel
Designed by award-winning architect WilkinsonEyre, Crown Sydney’s striking sculptural form means each residence is unique in size and layout. Inside the penthouse, Meyer Davis Studio Interiors has crafted an interior space that is nothing short of jaw dropping in a quietly sophisticated neutral palette with detailed, bespoke joinery, herringbone flooring and stylish floor-to-ceiling drapery. Six metre-high floor-to-ceiling windows flood the space with natural light while offering panoramic vistas that are nothing short of sublime.
Full Access to Hotel Luxuries
What truly sets this penthouse apart is its full integration with the Crown Sydney hotel below. Residents enjoy complete access to hotel services, including a 24-hour concierge, valet parking, housekeeping, and in-room dining services from Crown’s esteemed chefs. Additionally, residents have exclusive access to two pools, a state-of-the-art gym, a six-star day spa, and a tennis court.
“With this Penthouse, we have unquestionably set a new standard for residential living not just in Sydney, but globally,” said the spokesperson for Crown Residences. “It’s more than a home; it’s a once-in-a-lifetime opportunity for those who demand the absolute best.”
The Crown Residences at One Barangaroo Penthouse is available for immediate occupancy.
For more information, visit Crown Residences at One Barangaroo.
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Strong rental fundamentals and tight supply have driven more than $155 million in Sydney apartment block and residential investment sales over the past year.
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Sydney’s residential investment market has recorded $155 million in apartment block and townhouse sales over 2025, underscoring continued investor confidence in rental-led assets despite broader economic uncertainty.
The transactions were completed by Knight Frank’s Investment Sales agents James Masselos and Adam Droubi, who negotiated 19 sales across Sydney during the year.
Residential investments accounted for 75 per cent of their total sales activity, supported by more than 4,200 active purchaser enquiries.
Co-living deal sets national benchmark
Among the standout transactions was the off-market sale of 142 Carillon Avenue in Newtown, a 37-studio co-living apartment block located close to the University of Sydney and Royal Prince Alfred Hospital.
The property sold for $21.5 million, setting a new benchmark for the living sectors market nationally.
The deal achieved approximately $581,000 per bedroom, believed to be one of the highest per-bedroom results recorded for a co-living asset in Australia.
Inner-city assets trade in one line
Other notable sales included a group of 12 townhouses at 108 Illawarra Road in Marrickville, sold in one line for $14 million, and a block of 20 studio apartments at 171 Rowntree Street in Birchgrove, which changed hands for $6.7 million.
Both transactions reflected strong buyer competition for well-located residential assets with established income streams.
Supply constraints underpin momentum
Mr Masselos said Sydney’s apartment block market continued to benefit from tight supply and strong rental conditions.
“Apartment blocks and broader residential investments remain a robust asset class, underpinned by strong rental growth, record low vacancy levels and scarcity of stock,” he said.
He added that more than $25 million worth of residential investment opportunities are expected to come to market in 2026, with buyer enquiry remaining elevated.
Mr Droubi said competitive sales campaigns had become a feature of the market as investors sought secure income and long-term value.
“Supply constraints and ongoing population growth underpin market strength,” he said. “New approvals and completions lag demand, keeping stock tight and boosting both rents and prices.”
Vacancy rates keep pressure on rents
According to Knight Frank, rental demand across Sydney remains intense, with vacancy rates well below typical “healthy” levels.
Many middle and outer-ring suburbs are recording vacancies of around 1.5 per cent or lower, maintaining upward pressure on rents and reinforcing the appeal of residential investment assets.
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