Two 20-storey apartment towers, Aqua, to be launched in Bondi Junction
A new 20-storey apartment complex, with 129 homes, will be launched in Bondi Junction in May, comprising of two towers.
The complex, named AQUA, is being developed by Leighton Properties, along with joint venture partner, Melbourne-based Qualitas, and will be located on the corner of Oxford Street and Hollywood Avenue. This is the third joint venture arrangement between the two companies.
Built on 1,309 square metres, adjacent to a Westfield Shopping Centre, and near Bondi Junction train and bus interchange, the street level of the development will include retail and landscaped outdoor spaces.
Not to be confused with AquaPets Aquariam at Bondi Junction, AQUA, at 241 - 245 Oxford Street, is also aiming for a four star Green Star design.
Most of the apartments will have Sydney Harbour, Opera House or ocean views, and they are all of north and easterly aspects. They vary from studios to three-bedroom apartments, and the complex will also feature rooftop gardens.
The interior design will be from Koichi Takada, renowned designer who has been involved in North Sydney’s Skye, One Central Park in Broadway and Pacific in Bondi Beach.
The current median price for a unit in Bondi is $735,000, with a 14.2% increase over the past year. Achievable median weekly asking rent is sitting at $650 per week.
Kann Finch Architects, in collaboration with DC8 Studio, will be undertaking the design.
A glass lobby will link the two towers. They are placed on a podium, which is said to maximise the view corridors.
The north tower features “shell white” horizontal bands, while the south tower features contrasting “wayward grey” bands.
Gavin Tonnet, Leighton Properties national head of residential said that they have appointed Colliers International as sales agents, and anticipate marketing to begin in May when the display centre is ready on site.
“[Bondi] is already a great place to live, and our apartments will add quality and style unmatched for this area, and continue the transformation of Bondi Junction’s urban centre,” Tonnet said.
Qualitas’ director, Mark Fischer, said that it’s a convenient location for transport, shopping, restaurants and entertainment.
“We have no doubt AQUA will be Bondi Junction’s most prestigious residential building,” said Fischer.
The enquiry page sees interested buyers able to select options on a studio from "under $500,000" to "$600,000+", one-bedroom from "under $600,000" to "$800,000+", two-bedrooms from "under $900,000" to "$1.2 million+" and three-bedroom properties from "under $900,000" to "$2 million+".