Strong buyer interest for Mezzo Sydney development offering in Glebe
Mezzo Sydney is the latest new apartment project to be unveiled in Sydney's Glebe and one of the first ahead of the official evolution of the nearby Bays precinct.
Close to the edge of Wentworth Park, the 213-apartment Mezzo Sydney, is set over four 10-level towers with rooftop gardens by landscape architects 360º.
Some 1,300 registrations of interest have been made ahead of this weekend VIP launch by the Savills sales team.
The design of the 21,000 square metre city fringe development site was undertaken by CHROFI and KANNFINCH after a City of Sydney design excellence competition.
There will be full-height glazing, tiled floors and stone benchtops inside the apartments, many of which have city views. The architects sought for the apartment interiors to be restrained but warm in character with an aesthetic quality reminiscent of a bygone industrial past.
Downstairs it will have 4,400 square metres of commercial and retail space, says David Cullen, managing director at developer Oakstand Property Group, which is working with the Denwol Group.
"There really hasn't been much stock coming on in Glebe, except for Harold Park," he said, noting it was just a five-minute walk from Broadway's shopping and the universities of the area.
The full city block holding with frontages to Bay, Cowper and Wentworth Streets and Wentworth Park Road has allowed a podium up to level three.
MEZZO Sydney will have studios (41-43 square metres) from $585,000; one-bedrooms (43-63 square metres) from $650,000; two-bedrooms (64-96 square metres) from $885,000; and three-bedrooms (103-142 square metres) from $1.7 million to $2.5 million.
Denwol has been a Sydney-based diversified property group for over 35 years, with in excess of $650 million currently under development.
In July the NSW government announced that an international summit of urban renewal experts will be held to revitalise Sydney’s Bays Precinct, the next big waterfront site following Barangaroo.
It centres around the planned rejuvenation of Sydney Fish Market and the adjoining under-utilised inner harbour western bays around Blackwattle Bay, Rozelle Bay, Rozelle Rail Yards, and the heritage-listed White Bay Power Station.