Sep 07 2018Add to Favorites
Castle Residences’ luxury apartments offer residents the ultimate indulgence of modern interiors, stellar views and the chance to own a piece of iconic Sydney architecture.
The $400 million project will transform Porter House into a boutique hotel and create a residential tower that soars elegantly above – a visionary and memorable addition to Sydney’s skyline.
This new project is a stunning collaboration between esteemed developers United Development Sydney and award-winning architects Candalepas Associates. Inheriting the historical importance of the iconic location and the cultural gem that is Porter House, they imagined Castle Residences as a fusion of contemporary design and cultural heritage. And to create a truly unique building, the facade’s sloped angle is garnished generously with luscious greenery, emulating a garden in the sky.
Castle Residences was dynamically designed to accommodate many living situations. With an average internal size of 35 sqm, the oversized studio apartments feature a full kitchen with cooktop, oven and integrated fridge as well as ample storage space. Laundries come complete with washing machine, and dryer and owners can choose between a separate bedroom area or wintergarden.
Meanwhile, the two bedroom offerings include large two bedroom and study layouts. Each of these comes with two bathrooms and a dedicated laundry while some remaining apartments come with a wintergarden. Floorplans range in size, right up to 111 sqm of internal space.
The apartment interior is designed by Studio Aria who has a history of crafting homes that exude modern comfort – Castle Residences is no exception. With free-flowing living spaces and rich artisan detailing across the living, dining and bedroom areas, an enduring elegance is felt throughout.
The interiors feature materials which reflect the very highest quality, with oak timber and pale limestone flooring spreading across the space. Adding a layer of luxury to the apartment are elements of graphite and bronze that enhance the colour scheme magnificently. The interior is further enriched by design innovations including recessed and illuminated shelving in the living room and a feature light installation above the dining table.
The designer kitchen is fitted with Miele appliances to afford residents the very best culinary experience. The flush, white cabinetry and sleek feature island bench are juxtaposed with an artistic stone splashback to a truly elegant effect.
There is no wavering from the benchmark of excellence when it comes to the state-of-the-art bathrooms. Satin white vanities meet timber tones to create a natural blend that harmonises perfectly, and the free-standing bathtub offers nothing short of spa-level experience.
Owners of a Castle Residences apartment will be able to take advantage of the full suite of offerings from the adjoining hotel, including room service, catering, housekeeping, laundry, 24hr security, concierge, valet parking and access to the hotel’s restaurants, bars, gym and business centre. Hotel services will be accessible to residents via a personal mobile device. (Hotel account with credit card is required.) Residents will also be invited to indulge in the refreshing pool on level 11, an oasis in the midst of Sydney’s vibrant scene.
Located in a coveted Hyde Park setting, Castle Residences is ideal for nature-loving people who wish to frequently enjoy the flourishing green space in the heart of Sydney’s metropolitan life. The sought-after address is, of course, not merely a cultural icon itself, but is surrounded by an exciting cultural precinct with fine dining establishments, chic bars and a maze of shopping possibilities that make up Sydney’s social and retail scene.
The Castle Residences display suite is open from Wednesday to Sunday, between 1pm and 4pm, located at Level 21, 201 Elizabeth Street Sydney. Find out more HERE
Residential developer Legacy Property is set to commence a syndicated equity raise for its 7thand final stage of Caddens Hill, with minimum investment amounts starting at $250,000, targeting 17.5% investment return over the twelve-month construction period.
MP Funds Management (MPFM) has made its first investment of 2019, a co-investment with another group that MPFM has a successful and ongoing co-investment relationship with. The acquisition of the Crossroads Homemaker Supercenter (the subject property) is an opportunity of scale and dominance in one of Australia’s most significant growth regions. The centre offers an existing net lettable area of 47,997sqm on 143,997sqm land over 4 separate lots. 93% of the property income is underpinned by national retailers including Bunnings Warehouse, Freedom, Fantastic Furniture, the Good Guys and Nick Scali.
Dexus today announced its result for the half year and reaffirmed its guidance for distribution per security growth of circa 5% for FY19. Dexus Chief Executive Officer, Darren Steinberg said: “It has been a productive six-month period where we have added value through enhancing our development pipeline and attracting new investors to our funds management business. This has all been achieved while maintaining low balance sheet gearing. “In our office portfolio we continue to outperform the MSCI office benchmark1 over one, three and five years through driving higher rents and lower incentives, particularly in Sydney which has been reflected in property valuations during the period. “In our funds management business, we now have $15 billion under management with investors and partners that can invest alongside us through the cycle, reinforcing our objective of being the wholesale partner of choice in Australian property.”
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