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Landmark $1.6 billion St Leonards development brings buyers out of the woodwork

People & Companies / Latest News

Australia / Sydney

Feb 21 2018

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A $1.6 billion mixed-use development in the booming North Shore suburb of St Leonards has launched to market amidst much fanfare and buyer interest, confirming that apartment purchasers are still very much in the market for quality product in Sydney.

The landmark three tower development, to be known as Eighty Eight By JQZ, had over 200 people in attendance at a sales launch hosted by selling agents Sunny Properties Group on Sunday 18 February, with 70% of the 180 Stage 1 apartments selling on the day.
The development, by Sydney-based developer JQZ, which is located at 88 Christie Street, St Leonards, opposite St Leonards train station, will comprise two residential towers of 47 and 26 storeys, accommodating 654 apartments in total, as well as a 15-storey commercial and retail building fronting the Pacific Highway.

The site boasts stunning Sydney Harbour views and is expected to start construction in August 2018, with completion expected by 2022.
According to Sunny Wu, Managing Director of Sunny Properties Group, the level of interest in Eighty Eight By JQZ is proof positive that apartment buyers are still active in the Sydney market.

“While in some respects the Sydney apartment market has flattened out a little, we’re finding that quality projects with first-rate amenities are still attracting plenty of attention – and Eighty Eight By JQZ is a perfect example,” said Mrs Wu.

“This project will include stunning one, two and three bedroom apartments, as well as five exclusive 5-bedroom penthouses featuring their own private lifts.

“All apartments will enjoy amazing views, while residents will also have access to a rooftop pool, a lively ground floor laneway retail and dining precinct, a major supermarket, and the future St Leonards Public Library.”

Designed by leading Australian architects PTW, Eighty Eight By JQZ will feature a 30,000sqm combined commercial and retail space, and will adjoin the future St Leonards open-air civic plaza, which will branch out over the neighbouring railway line.

Mrs Wu said the timing of the sales launch was also important in terms of garnering significant buyer interest.

“We’ve deliberately timed the launch of Stage 1 sales at Eighty Eight By JQZ to coincide with Chinese New Year celebrations, capturing international buyers who are enjoying Sydney’s warmer weather during the Chinese winter.

“However, at the same time, we’re also seeing plenty of local interest, and this just goes to show that there is strong market recognition of this project as a truly ground-breaking, landmark development in St Leonards.

“This project will scale new heights for North Shore residential living and will be the focal point of St Leonards’ urban transformation – for those lucky enough to make a purchase at Eighty Eight By JQZ, they will enjoy CBD-style living but with all the benefits of a thriving North Shore location.”

Indeed, future residents of St Leonards will enjoy what is set to be one of Sydney’s most dynamic new residential hubs, as older, unappealing retail buildings give way to a range of new developments.

This rejuvenation is set to include a new Metro station by 2024, the aforementioned civic plaza and retail offerings, as well as a multitude of new apartment developments.

“In five years’ time, I expect St Leonards to be one of the great success stories in the urban regeneration of Sydney, and it’s exciting to be involved,” confirmed Mrs Wu.

Interested buyers are being encouraged to visit the development’s state-of-the-art project gallery and display apartment, located at Level 10, 201 Pacific Highway, to truly appreciate the breathtaking views and quality of the build, she added.

For more information, visit the project website



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