Crown Casino Sydney Apartments For Sale
Crown Sydney Hotel Resort is Sydney's first six-star luxury 71 story hotel resort at Barangaroo South on Sydney Harbour. Crown Sydney Hotel Resort will be world-class and feature 350 hotel rooms and suites, luxury apartments, signature restaurants, retail outlets, pool and spa facilities, conference rooms and VIP gaming facilities. Last year, veteran venture capitalist Bob Blann exchanged more than $40 million for a whole-floor apartment a few levels above Packer’s two-storey apartment in Crown Resorts’ Barangaroo One.
As Sydney’s house price falls near the dreaded 15 per cent mark, the harbour city’s prime residential market is still holding up with Crown Resorts’ recording more than $160 million in sales.
Just four ultra-high-end apartments sold off-the-plan for more than $40 million each at One Barangaroo, Knight Frank broker Erin Van Tuil confirmed.
Developed by James Packer’s Crown Resorts, the 71-storey, $2.2 billion project is about 16 months into construction, with level 33 scheduled to be poured by Lendlease in July.
Sales for off-the-plan apartments in the luxury residential market have remained strong, with the four $40 million-plus sales at One Barangaroo adding to James Packer’s $60 million two-level apartment purchase in the tower.
The sales at One Barangaroo have been to predominantly local buyers, Van Tuil said.
And buyers can be sure that their harbour views will remain intact, after Crown and developer Lendlease launched a legal bid over site lines against the government’s Barangaroo Delivery Authority.
The Supreme Court delivered its decision in Crown’s favour in December.
Crown Casino Sydney Apartments For Sale Waterfront
Crown Casino Sydney Apartments For Sale By Owner
Van Tuil said sales to date at One Barangaroo have been strong but declined to comment on the rumoured $100 million penthouse price tag.
“Although Sydney is probably ready for a $100 million sale.”
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