The Parnell House development redefines luxury living with unparalleled ocean and city views.
Colliers, in partnership with leading property developer WINIM, is thrilled to announce the sale of the Dune penthouse in the highly anticipated Parnell House development for a record-breaking price.
The sale sets a new benchmark for ultra-luxury apartments in Newcastle, surpassing several multimillion-dollar transactions over the past 12 months, including a city penthouse that sold for $8.5 million. It further cements Newcastle’s reputation as a premier destination, reaffirming its status as a vibrant and growing city on Australia’s eastern seaboard and offering a compelling lifestyle alternative to Sydney.
The north-facing Dune crowns the luxury boutique hotel development, Parnell House alongside its twin penthouse Sand. Designed by local firm SDA Architects in collaboration with Sydney-based interior design studio MXM, Dune spans an expansive 417 sqm of internal and external living, offering sweeping views of the Pacific Ocean and Newcastle’s vibrant cityscape.
Ian Bennett Colliers, Director of Residential, said, “The purchaser of Parnell House’s Dune was looking for a foothold in Newcastle to be closer to family and had been waiting for a home of this calibre to come to market. Parnell House is uniquely located in a heritage conservation area of Newcastle, ensuring the surrounding views and charm are preserved. With the East End nearing completion and the gentrification of Hunter Street well underway, Newcastle’s appeal as a liveable, vibrant city is stronger than ever. People are prepared to pay for the right home that suits their needs.”
“The project’s other penthouse, Sand, is still available for sale, and interest has been strong. The level of finishes and attention to detail in Parnell House has set a new benchmark for Newcastle. This development will undoubtedly influence the local market and elevate expectations for high-end living in the area.”
With bespoke stone finishes, hand-crafted statement pieces, a private plunge pool and access to all hotel services, Dune delivers a premium lifestyle unmatched in the area. Marie Daaboul of MXM studio says of the design, “Our aim was to strike a careful balance between luxury living and the serene beauty of coastal life. The interiors seamlessly integrate with the calming essence of the surrounding landscape, offering an unrivalled retreat into a haven modern sophistication.”
Known for its stunning coastline, vibrant cultural scene, and friendly community, Newcastle is now considered one of the country’s most liveable cities. It offers a unique blend of urban living and natural beauty and an enviable balance between work and leisure, making it a magnet for those seeking a big-town feel with a small-town heart.
WINIM’s Managing Director, Justin Kuiters, added, “Parnell House is a testament to our commitment to creating thoughtfully designed spaces that celebrate the character of their surroundings. We are excited to be starting construction shortly and are looking forward to seeing the project come to life.”
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