Australian Open

Australian Open


Sydney’s first fully-integrated hotel branded residences has successfully launched in the iconic city.

Buyers have spent over $650m (£332m) on apartments at Crown Residences at One Barangaroo, with a record 12 units fetching over £10m each.

Developed by James Packer’s Crown Resorts Sydney, the WilkinsonEyre-designed skyscraper is due to complete in 2021, delivering a luxury hotel, casino and 82 high-end apartments overlooking the city’s famous harbour.

Sales officially launched in 2017 Q4, promising residents an “unmatched level of serviced living”, with luxury services and amenities provided by the five-star hotel beneath.

Australian nationals have bought 80% of the units sold to date, and only a handful remain – including the duplex penthouse.

Packer, son of media mogul Kerry, secured a slice of the 71-storey project for himself at an early stage, paying over $60m for a two-storey home.

After over two years of vertical construction, the lift core now sits at level 70 and the floors have been poured up to level 61. The finished article will be the city’s tallest residential tower at 275 metres.

Knight Frank predicts Sydney’s prime market will see price growth of nearly 4% in 2020, and calculates the city to have the highest premium in the world for waterfront property, at 89.3%.

Todd Nisbet, Crown Resorts states: “We are truly honoured that our first hospitality branded residences One Barangaroo at Crown Sydney has received such a strong reception from the market. To have reached $650 million in sales over a year prior to the development’s completion with a record 12 transactions over $20m is testament to the quality of the project and yet another milestone for this prestigious development.”

Erin van Tuil, Partner, Crown Residences at One Barangaroo, who is leading the sales programme, added: “With Crown Residences at One Barangaroo due for completion in early 2021, there is still an opportunity to become one of the final few to call the Residences home. With a select number of Residences and the Duplex Penthouse on the market, time is of the essence. If you are looking to secure a place at Australia’s most prestigious residential address the time is now.

“Crown Residences at One Barangaroo could not be better placed to gain premiums against other property, not only in Australia, but around the world. Its unique harbourside address is a once in a lifetime opportunity which will continue to become more valuable over time.”

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • Monaco Real Estates
  • RDO
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Pedini London
  • Alexander James
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Worldwide Property
  • Dimora
  • Dominic McKenzie Architects
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Deborah Garth
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Lemay + Escobar
  • Octagon
  • Locate Isle of Man
  • Newlands of Stow
  • Hawksford
  • Holdun
  • St George's International School
  • Schule Schloss Salem
  • AR Architecture
  • lazaro
  • Sella Concept
  • Blakstad
  • miller interior
  • Harrow
  • Pearson
  • Wealth Club
  • Yellow House Architects
  • Designer Touches
  • Zafiro
  • Nicole Murray

Enter your dream destination