Potts Point Penthouse Hits the Block for $15 Million


Developer Greenland Australia has launched two luxury penthouse apartments to market in its latest $262 million “Omnia” building.

The 19-storey tower, located between Victoria Street and Darlinghurst Road, comprises three new double-storey penthouse apartments priced at a cool $12 million to $15 million, with one of the offerings snapped up prior to release.

Related: Greenland Appoints Construction Partner for $1.6bn Park Sydney

The $262 million Durbach Block Jaggers-designed building is nearing completion.
The $262 million Durbach Block Jaggers-designed building is nearing completion.

A palatial 455sq m residence, known as The Royal and the larger of the two remaining luxury dwellings, spans two floors connected by a grand circular staircase, and comprises four-bedrooms along with four full bathrooms.

While the four bedroom “The Noble” spans 358sq m of floorspace, and a mere three-and-a-half bathrooms.

The third three-bedroom penthouse was purchased for $11 million in 2015.

Related: Avid Property Group Launches Surry Hills Project

Luxury living in Potts Point
Luxury living in Potts Point

Greenland Australia managing director Sherwood Luo said the penthouse offering marks a first for the company as it expands into the prestige penthouse market.

“We believe Omnia’s penthouse apartments set a new benchmark in Potts Point and it is our view that buyers will see the value of this investment,” Luo said.

Greenland Australia is the Australasian division of global property development company, Greenland Group, headquartered in Shanghai.

The prestige market saw a new record breaker this spring season with the sale of the $100 million Fairwater estate in nearby Point Piper, the first sale in Australia to reach an eye-watering nine-figure mark.

The Omnia tower’s first residents are expected to start moving in this month after 126 apartments have sold, with eight remaining.

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