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- Perhaps, and its appetite for four, just-sold $40 million apartments in the new Crown One Barangaroo development might incline one to think so. $100 million is rumoured to be the price tag of the penthouse atop the Barangaroo project by Crown Resorts, though Knight Frank broker Erin Van Tuil declined to confirm if this was the case.
- The Crown Residences combine expansive views of the Sydney Opera House and Harbour Bridge with the luxury of full access to the new Crown Resorts hotel.
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Crown said it would continue to focus on opening Crown Sydney’s non-gaming operations, which include a luxury hotel and residential apartments, in consultation with the ILGA. The Star Grand Residences. Each suite is a luxurious and private Sydney residence where every astute detail adds to the ease of your stay. Think of it as your ultimate city pad, relaxation, exercise, celebration and more, whether you are passing through or staying a while. Sleek contemporary design, a soothing colour palette and bright.
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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.
Van Tuil said sales to date at One Barangaroo have been strong but declined to comment on the rumoured $100 million penthouse price tag.
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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.
Van Tuil said sales to date at One Barangaroo have been strong but declined to comment on the rumoured $100 million penthouse price tag.
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“Although Sydney is probably ready for a $100 million sale.”
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Related: Australia's Most Expensive Apartment Hits the Market
