One Sydney Harbour exceeds $3b sales milestone3 February 2022
In response to this sales success, Lendlease will soon release One Sydney Harbour’s third and final residential tower, Watermans Residences, which will sell on-market priced from $1.42 million for a one-bedroom apartment.
Ahead of the official on-market launch, Watermans Residences has received strong expressions of interest from its VIP database.
With Residences One and Two now 83 per cent sold, Watermans Residences represents the last opportunity for buyers to secure an apartment off-the-plan in the highly sought-after precinct.
Upon completion, the 30-storey tower will offer 162 contemporary apartments with high-end luxury interior design and north facing park, city and water views. Residents will also have exclusive access to amenities and facilities available in Residences One and Two, as well as a Sky Garden within the building.
The release of Watermans Residences also represents the final chapter of over a decade of work by Lendlease at Barangaroo South, transforming this precinct into a vibrant mixed use, connected and sustainable extension of Sydney’s CBD.
Residences One at One Sydney Harbour has been awarded a 6 Star Green Star rating in Design by the Green Building Council Australia, with Residences Two and Watermans Residences also targeting 6 Star Green Star.
In 2019, Residences One made history with the sale of the penthouse for $140 million, making it Australia’s most expensive residential dwelling.
One Sydney Harbour is expected to be completed in 2024.
Quotes attributable to Tom Mackellar, Managing Director Development, Lendlease:
“This exceptional $3 billion milestone in sales for our Residences One and Two is a testament to the strength and resilience of the Sydney residential market and speaks to high demand of local owner-occupiers and downsizers who recognise this once-in-a-generation opportunity.
“One Sydney Harbour’s sales success has resulted in Watermans Residences being released to market earlier than anticipated.
“We’ve received strong interest since releasing to our VIP database and expect this demand will continue once we’ve launched the last tower to market in the coming weeks.”