One Sydney Harbour Skyscrapers Pass $3bn Sale Mark

Lendlease’s One Sydney Harbour residential towers have chalked-up more than $3 billion in sales as the third and final tower of the project goes to market.

Lendlease managing director Tom Mackellar said the $3-billion milestone “speaks to the high demand of local owner-occupiers and downsizers”.

Residences One and Two in the waterfront Barangaroo South precinct are now 83 per cent sold.

The third tower, Watermans Residences, will now be launched earlier than intended, Mackellar said, due to the project’s overall success.

Residences One made headlines in 2019 with the sale of its penthouse for $140 million, making it Australia’s most expensive home.

The tower has a 6-Star Green Star rating from the Green Building Council Australia, with Residences Two and Watermans Residences will also aiming for that rating.

Apartment prices at Watermans Residences start at $1.42 million for a one-bedroom apartment.

“We’ve received strong interest since releasing to our VIP database and expect this demand will continue once we’ve launched the last tower to market in the coming weeks,” Mackellar said.

Once complete, the 30-storey tower will have 162 contemporary high-end luxury design apartments with north-facing park, city and water views.

A sky garden will also be part of the building along with amenities including a jacuzzi spa and steam room, swimming pools, and a private dining room, wine room and billiards room in Residences One and Two.

The entire One Sydney Harbour precinct has taken more than a decade to complete and is a mixed use sustainable extension of Sydney’s CBD. Completion is slated for 2024.