Living the dream with the world's best harbour at your feet
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Living the dream with the world’s best harbour at your feet

Luxury living reaches new heights in this harbourside penthouse

By KANEBRIDGE NEWS
Thu, Sep 7, 2023 3:26pmGrey Clock 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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McDonald’s Yass listing offers rare turnover lease with uncapped income potential

A legacy “partner” lease structure tied to sales, not fixed rent, is drawing investor attention as a potential hedge against inflation.

By Jeni O'Dowd
Fri, Apr 10, 2026 2 min

A McDonald’s restaurant in Yass has been brought to market with one of the last remaining pure turnover leases in Australia, offering investors a direct share of revenue rather than a traditional fixed rental return. 

The asset, located at 1713 Yass Valley Way, is being marketed by JLL via an expressions of interest campaign closing on 30 April. It is underpinned by a legacy lease structure no longer offered by McDonald’s in Australia. 

Under the arrangement, the landlord receives 6.5 cents for every dollar spent at the restaurant, creating uncapped income growth linked directly to sales performance.  

The lease is structured as triple net, meaning no operational risk, capital expenditure obligations or management responsibilities for the owner. 

According to JLL, the property has recorded compounded annual sales growth of 4.26 per cent since 2003, with rental income rising by 150 per cent over the same period. 

JLL’s David Mahood said the structure allows investors to “participate directly in the sales growth” of the business, rather than relying on fixed annual rent reviews. 

The newly commenced lease runs to 2036, with four additional 10-year options extending to 2076, providing a weighted average lease expiry of 9.92 years by income. 

The asset sits on a 3,571 square metre freehold site in Yass, with significant frontage to the Hume Highway, one of Australia’s busiest freight corridors.  

The location benefits from high volumes of passing traffic, including an estimated 75,000 vehicles per day. 

The quick service restaurant sector has remained resilient through economic cycles, including the pandemic and recent cost-of-living pressures, with McDonald’s continuing to expand its footprint and invest in store upgrades across Australia. 

JLL pointed to strong investor demand for McDonald’s-backed assets, with recent transactions typically yielding between the high 2 per cent to mid 3 per cent range. 

 The Yass listing is expected to attract interest due to the scarcity of turnover-based leases, which provide a natural hedge against inflation by linking income growth to consumer spending rather than predetermined increases. 

McDonald’s Yass is available for sale via an Expressions of Interest campaign closing at 3:00pm (AEST) on Thursday, April 30. 

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