Sirius Building

Around $435m worth of apartments were sold on the weekend in the Sydney&rsquo;s Sirius building.

The 60 plus off the plan sales were secured by developer JDH Capital through CBRE with up to $118,000 per square metre results.

Prices started at $1.7 million for one-bedrooms in the redevelopment which is &shy;expected to be finished late next year.

The highest price of the 76 apartments on offer was a penthouse for $35 million which was secured in the days prior to the weekend sales spree.

The NSW government sold the exisiting Sirius building for $150 million in 2019 after the last of the NSW Housing Commission tenants departed the late 1970s building.

CBRE executive chairman Justin Brown and agents Ben Stewart and Ben Wicks noted strong demand after the sales continued through the weekend.

There were purchasers from Point Piper, Coogee, Vaucluse, Longueville, Lindfield and Mosman following 3500 inquiries.

No purchasers required Foreign Investment Review Board approval.

[smartcode_project:default project_id=7363 project_image_fid=41840]

Stewart said it was the biggest weekend project marketing sales tally for many years.&nbsp;

Prior record prices per square metre &shy;included sales in the Opera complex, just across Circular Quay, that fetched a &shy;record-setting $96,400 per square metre off the plan in late 2016.

The Sydney architectural firm BVN, led by Phillip Rossington, have designed the apartments within and atop of the original building to &ldquo;retain, &shy;restore and reimagine&rdquo; the building.

BVN will oversee repairing and stabilising the internal supports, restoring the original concrete fa&ccedil;ade and removing some internal walls and adding open balcony spaces.&nbsp;

The new architectural design elements will see prefabricated pods wrapped in recycled copper.&nbsp;

Kelly Hoppen was commissioned to assist with the interiors.

JDH is &shy;headed by the former Macquarie banker Jean-Dominique Huynh.

There was a $20 million penthouse deal on Sunday by developer JDH Capital

jchancellor

Sirius secures $435 million in weekend OTP project marketing sales

<html><body>
The plans to replace Sydney Harbour’s Sirius building have been lodged.
With its public housing tenants relocated to the suburbs, developer JDH Capital, controlled by former Macquarie Bank executive Jean-Dominque Huynh, seeks 76 apartments.
Huynh bought the brutalist style in a Savills tender for around $150 million last year from the NSW government.
The plans show one, two, three and four-bedroom apartments, with penthouses with private swimming pools.
Interiors were designed by architecture firm BVN and leading British interior designer Kelly Hoppen.
Passionate about making her design ethos accessible to the masses, Kelly has authored nine books.
 As a successful business woman she was awarded a CBE in October 2020 for her work in helping to promote British creativity, business and commerce globally.
<a href="https://kellyhoppeninteriors.com/work-in-progress/" target="_blank">Her current works in progress</a> are dominated by China projects.
</body></html>

Sirius Building

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Sirius Building

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News