Mezzo Sydney set for final stage sellout this weekend
Mezzo Sydney secured a stage one sell out with 103 apartments being snapped up in less than four hours last weekend.
Phillip Wolanski, managing director of Denwol Group put the appeal of Mezzo down to its highly coveted location in the heart of leafy Glebe, within easy strolling distance of the City’s attractions.
"Together with the distinctive design, reflecting the artistic nature of Glebe and echoing the form of neighbouring Wentworth Park, these elements have captured the imagination of buyers in search of a truly cosmopolitan lifestyle,” he told Property Observer.
Similar high demand is expected at the release of the remaining 85 apartments, scheduled for this Saturday September 27.
It is the latest 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 had been made ahead of its launch by the Savills sales team headed by David Poppleton.
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.
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.