Bondi Junction AQUA off the plan sellout leaves buyers scrambling to secure apartments

Bondi Junction AQUA off the plan sellout leaves buyers scrambling to secure apartments
Jonathan ChancellorDecember 7, 2020

All 129 apartments in AQUA, the latest Bondi Junction project, sold out at the weekend.

The sales by developer, Leighton Properties and Qualitas secured $130 million through Colliers International.

The 20-level development is situated opposite Westfield Bondi Junction.

An 111 square metre three-bedroom 20th floor apartment sold for $2.17 million.

The development comprised one, two and three bedroom apartments designed by KANNFINCH and DC8 Studio.

The two-tower building on the corner of Oxford Street and Hollywood Avenue will have interiors designed by Koichi Takada.

There will be two rooftop gardens and lobby lounge space.

Koichi Takada said that he incorporated two distinct schemes; one called ‘Breeze’ and the other ‘Drift.’

Peter Chittenden, managing director at Colliers International, said that the development is on the most prominent site at Bondi Junction, and is one of the last high-rise opportunities for the foreseeable future.

“Residents need never use their car to get to work, do the shopping or meet friends for a drink, reducing the stress of urban life and easing pressure on the environment,” Chittenden said in the lead up to the launch.

A prospective buyer advised Property Observer that they missed out on their preferred apartment after lodging a deposit.

The initial enquiry page had interested buyers able to select options on a studio from "under $500,000" to "$600,000 plus", one-bedroom from "under $600,000" to "$800,000 plus", two-bedrooms from "under $900,000" to "$1.2 million plus" and three-bedroom properties from "under $900,000" to "$2 million plus".

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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