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Newmarket's Randwick is set to release the most elegant boutique apartments yet

People & Companies / Latest News

Australia / Sydney

Mar 18 2018

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Cbus Property, one of Australia’s most awarded and trusted national developers, is set to release the next building in the project’s Figtree Pocket collection (Stage 1), aptly title Cambridge.

Designed by acclaimed architect Smart Design Studio, Cambridge is a boutique collection of only 18 apartments overlooking the Newmarket heritage grounds. Comprising a mix of 1, 2 and 3 bedroom residences over 3 levels, Cambridge sits near the historic Newmarket ‘Big Stable’, the precinct’s most iconic building which boasts 1500 sqm in open space that works in harmony with the site’s heritage and the new apartment buildings.

Established in the early 1860s, Newmarket has been a significant part of Randwick’s racing heritage since its inception. The Big Stable was built circa 1887 on the peaceful southern boundary of Figtree Pocket where it has housed thousands of racehorses over the last 130 years. Now it begins a new chapter as part of an exquisite precinct in Randwick’s most desirable new neighbourhood. The Stable will be dedicated to Council and available to the community for public use.

As the second release in Figtree Pocket, what sets Cambridge apart from its neighbouring Newmarket buildings is the unique design and boutique nature of the apartments. Tucked away in the quiet corner of Figtree Pocket, Smart Design Studio has given the building classical proportions to suit its historic context, with additional ceiling height to the entire top floor. Vertical white concrete blades are angled to capture views and control sun while having a honed finish that decorates the streamlined interiors with natural light.

Smart Design Studio’s generously proportioned interiors feature superbly tailored materials and detailing to create a timeless elegance. Kitchens – the heart of every Cambridge apartment – boast a strong geometry with vast stone island bench tops, bespoke joinery, expansive pantries and Italian appliances.

Adjoining living areas connect to magnificent gardens designed by Arcadia Landscape Architecture via oversized terraces and courtyards. Master bedrooms also open up to these remarkable green spaces, inspired by Newmarket’s grand old fig trees and wonderful 130-year-old established gardens.

Figtree Pocket’s “The Deck” is a communal outdoor entertainment space nestled under the impressive Figtree where residents can interact, relax, entertain and enjoy. It also connects residents to the surrounding landscape and the community’s new 5000 sqm central green spaces, gardens and existing mature trees.

Newmarket delivers a real sense of tranquillity and connection to history, perfectly positioned between the city and the beach. It’s just 6km from Sydney’s CBD – a short ride via the new Light Rail that is less than 800m from Cambridge’s door, while the world-renowned Coogee Beach is only 2km away.

Located close to the world-renowned horseracing venue, Royal Randwick Racecourse, Newmarket is also at the heart of Randwick’s education and health precincts, with excellent schools and universities, including the University of New South Wales (UNSW), the National Institute of Dramatic Art (NIDA) and Sydney Institute of TAFE.

Randwick’s urban green spaces are legendary. Centennial Parklands’ three beautiful and historically significant parks cover 360 hectares, complete with waterways, cycle paths, horse trails and playing fields. It’s one of Sydney’s most family-friendly spaces and the ideal complement to Cambridge’s elegant apartment lifestyle.

Newmarket’s Cambridge building is set to launch in March 2018 with construction expected to be completed in mid-2020 along with the neighbouring Figtree Pocket buildings which are part of the Stage 1 release.

About Cbus Property
Cbus Property is a wholly owned subsidiary of Cbus, the industry superannuation fund for the construction, building & allied industries, with funds under management currently exceeding $43.0 billion (as at 31st December 2017). As part of the portfolio, Cbus is a significant investor in the property industry throughout Australia and has in excess of 755,000 members nationally.

Cbus Property has responsibility for the strategic performance & management of all aspects of the Cbus direct property investment business including major investments and developments in the commercial, residential and industrial sectors. The portfolio currently exceeds $4.0 billion, with a further $5.0 billion of development work ‘in hand’, making Cbus Property one of Australia’s leading integrated property investors in Australia.

Cbus Property has extensive experience in undertaking sustainable initiatives within Australia and is committed to utilising its considerable experience in investment and delivery of developments that provide a benchmark for both economic and environmental sustainability.

For further information visit www.cbusproperty.com.au

1. Number of apartments

Cambridge – 18 boutique apartments
Levels - 3

2. Mix of apartments

6 1-bedroom
7 2-bedroom
5 3-bedroom

3. Sizes of apartments in square metres internally

1-bedroom From 57 sqm From $995,000
2-bedroom From 92 sqm From $1,633,000
3-bedroom From 114 sqm From $2,037,000
 

4. Parking, storage numbers/ provision

1 & 2 Bedroom apartments have a car space. 3 Bedroom apartments have 2 car spaces. All apartments have basement storage.

5. Architects and Designers.

Smart Design Studio
The philosophy of Smart Design Studio (SDS) can be distilled into three simple words: excellence, innovation and collaboration.

• Excellence stands for a quality of design and construction that is about being world class.
• Innovation pushes us to move beyond our tried and tested designs and details to invent new ideas and embrace new technology.
• Collaboration - with the whole project team including client, builder, specialist consultants and approval authority - is the method by which a great project is delivered.

Their portfolio reflects this process with experience in the design and construction of a number of iconic projects such as White Rabbit Art Gallery, Starship Sydney Charter Cruise Vessel, and their own Studio, as well as a wide range of refined educational and adaptive reuse projects. Heritage projects such as Metcalfe Bond, and the headquarters for the Australasian Performing Rights Association (APRA) display the Studio’s aptitude for amalgamating the old with the new. All projects within the Smart Design Studio portfolio reflect diversity of experience and demonstrate project delivery at all stages.

The SDS team consists of 45 staff with the studio in operation for over 18 years as a successful practice with the capacity and experience to undertake a broad array of projects.

6. Communal areas

• Communal gardens and BBQ facilities.
• Community area with BBQ facilities.
• Children’s interactive playground.
• Retail offering.
• Newmarket Stables which is being provided to council.

7. Internal Fixtures and Colour Schemes

• Two schemes, light & dark
• Polyurethane cabinetary
• Reconstituted Stone Benchtops
• Smeg Appliances
• Engineered timber flooring
• Poreclain wall and floor tiles
• Brushed Nickle Tapware
• Mirrored vanity
• Wall hung basins

8. External

• All buildings will have natural looking materials such as architectural precast concrete, metal balustrading and cladding.

9. Expected completion date

Mid-2020

10. Address

Display Suite – 154 Barker Street, Randwick 2031
Open daily 11am – 3pm or by private appointment
Development – 1 Young Street, Randwick 2031

11. Contact information for readers: (sales team)

WEBSITE www.newmarketrandwick.com.au
PHONE Colliers International – 1800 870 828

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