Three Of Sydney CBD's Most Luxurious Penthouses
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Three Of Sydney CBD’s Most Luxurious Penthouses

Sydney’s prestige market is looking up, here’s three of the best on the market right now.

By Terry Christodoulou
Tue, May 18, 2021Grey Clock 3 min

The last few years has seen a considerable uptake in apartment living across Sydney, notably in the prime market as driven by a slew of new luxury developments.

It’s meant recent Australian sales records – cue Crown’s One Barangaroo and its waterside neighbour, One Sydney Harbour – as purchasers look to secure a standout property and also embrace the benefits of expansive inner-city living.

While the penthouses of the aforementioned towers are now gone, there remains some unique, cloud-catching CBD abodes available.

Here, three of the best to purchase now.

 

3303/203 Castlereagh Street, Sydney, NSW 2000

The Castle Penthouse, located in Castle Residences and designed by Candelepas & Associates architects, sees a 4-bedroom, 4- bathroom, 2-car parking residence delivered in the heart of Sydney’s CBD.

Here a rooftop terrace boasts breathtaking views over Hyde Park and the city skyline, with an extensive and undoubtedly luxurious finish by Studio Aria ensuring it is one of the finest properties in Australia.

The penthouse is reached via a private lift, through a double door entrance and sees opulent finishes including the use of stone benchtops, large porcelain tiles and bespoke joinery.

Expect an open-plan design, leading outwards to the buildings highly desirable winter gardens. It’s here you’ll find an opulent kitchen, complete with Gaggenau appliances.

The penthouse is also offers a  master bedroom that spans the top floor, and opens out to a sky garden with decked spa.

Those fortunate to call Castle Residences home will also enjoy various hotel amenities – such as pool and gym access as well as desirable in-house dining sourced via local restaurants such as Henry’s Bread and Wine, Dixon & Sons and Spice Trader. Meanwhile, housekeeping, concierge, valet parking and 24-hour security are all accessible via in-house app.

The property is expected to welcome residents from end of August 2021.

The listing is with McGrath Pyrmont’s Robert Alfeldi (+61 418 982 688); mcgrath.com.au

 

 Level 43/163 Castlereagh Street Sydney NSW 2000

 

Much has already been written about the Boyd Residence. The grand, lavish, award-winning penthouse sits some 180-metres above street level offering. 2395sqm in the heart of the CBD.

Spread across three levels comes 4-bedroom, 5-bathrooms and 2 car parking. Inside sees unprecedented levels of privacy and opulence, with 24-hour security.

Accessed via private lift, it opens to a glass wall with built-in champagne storage. Elsewhere a sleek fireplace, multiple seating groupings and walls of glass take in the panorama of the city.

Each bedroom suite arrives with a marble bathroom, while the rest of the residence is framed by double-height ceiling and dramatic walls of glass.

Also, a resort-style private rooftop pool tops the living space, adding further luxury to the pad.

The listing is with Christie’s International’s Ken Jacobs (+61 407 190 152) and LJ Hooker Double Bay’s Bill Malouf (0411 428 354); theboydresidence.com.au

 

 

83.01/115 Bathurst Street, Sydney, NSW 2000

Known as the ‘King’ Penthouse, comes this luxurious pad inspired by the global cities of New York and London.

Here, at the very pinnacle of the Greenland Centre tower comes panoramic views of the CBD, Blue Mountains, Hyde Park and Sydney Harbour.

The 4-bedroom, 4-bathroom, 4-car parking penthouses offers sophisticated details, with glamorous stone island benchtops in the kitchen and concealed scullery, to towering balconies overlooking Sydney.

The master bedroom features an opulent dressing room that opens to reveal handsome timber-panelled interiors with wide drawers and open display shelving for all your finery, handbags, watches, belts and scarves

The master bathroom is cloaked in emerald green marble and features high-quality fixtures, a free-standing bath and heated towel rack bringing minimalist glamour while a soaring skylight adds luminous radiance.

Further amenities include a 30-metre outdoor pool, gym, spa, sun deck, and multi-function residents’ room.

Contact Ben Stewart (+61 412753740) of CBRE for more information; thegreenlandcentre.com.au

 

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By Kanebridge News
Thu, Aug 11, 2022 < 1 min

New research from Knight Frank’s International Waterfront Index shows waterfront properties are costing more than double their inland counterparts in Sydney while in Melbourne waterside properties attract a 40% premium.

Australia’s coastline attracts some of the highest waterfront premiums in the world with Sydney topping the index — an average premium of 121% — compared to an equivalent home set away from the water.

Auckland ranked second on the list of 17 international locations — a premium of 76%. The list saw Gold Coast (71%), Perth (69%) and the Cap d’Antibes (59%) on the French Riviera round out the top 5.

Australia continued to feature prominently in the research with Brisbane’s waterfront premium coming in at 55%, with Melbourne also in the top 10 at 39%.

According to Knight Frank Australia’s head of residential research, Michelle Ciesielski, there has always been strong appetite for Sydney’s waterfront homes.

Australia’s luxury residential market has advanced, it lacks the depth of prestige markets in more established global cities said Cieselski.

“As a result, our Australian cities can achieve a significantly higher premium on the waterfront compared to a similar property inland without access to, or a view of, water,” she said.

“Also, Australia is known for its balmy outdoor lifestyle, so many buyers in this super-prime space are willing to pay a premium to secure the ideal position along the waterfront.”

The data also suggests that beachfront homes were most desirable, commanding a premium of 63% compared to harbour locations fetching 62% premium and coastal homes with a 40% premium.