Five grand terraces built within heritage Reynell development
{yoogallery src=[images/stories/reynell]}
With a modern interpretation of the Victorian terrace, five grand new terrace homes built within the heritage-listed Walter Reynell & Sons building redevelopment in The Rocks in Sydney are nearing completion and listed for sale.
Set on Gloucester Street, the Reynell Terraces all come with a timber-clad triple-storey, eight-metre-high glass atrium that bathes the interiors in natural light.
Overseen by the Kann Finch Group, the strata title Reynell Terraces sit within the 1913 Walter Reynell & Sons wine-making building, which when built was among the last phase of warehouse and light industrial development in the Sydney CBD.
The Reynell Terraces sit on the ridge of Sydney Cove, where the First Fleeters established small farms and homes, which then gave way to terraces, lodging hostels and hotels to accommodate the growing seafaring and mercantile population.
By the late 1800s and early 1900s bond stores proliferated, typified by The Reynell Building and The Bushells Building.
The latest arrival of residents will have the services of a concierge and use of an indoor heated lap pool and gymnasium located in the inter-connected 30-storey Stamford Residences tower.
“The Reynell Terraces combine the vibrancy of New York, the leafy charms of Paris, the urban sophistication of London and the true heritage of Sydney,” says Murray Wood of Colliers International.
“The serenity inside each terrace is hard to believe considering they are located on the southern edge of the Harbour Bridge in one of Sydney’s most popular precincts.”
There are four three-bedroom, four-bathroom terraces with space of between 203 square metres and 243 square metres internally, along with eight-square-metre balconies. There is also a smaller two-bedroom, three-bathroom terrace houses (169 square metres plus eight square metres externally).
Two of the terraces have been decorated, by Coco Republic (pictured) and Thomas Hamel.
Prices are around $4 million, with strata levies expected to be around 0.6% of the purchase price.
The neighbouring 122-apartment Stamford Residences, which is the last approved high-rise development in The Rocks Urban Conservation Area, has seven apartments remaining.
