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Buyers Snapped Up Two Penthouses in One Month for Ultimate Luxury
International News
16 Jul 18
clock 4d ago
hit 140

Leading Australian property developer Crown Group is continuing to strengthen in the luxury apartment market with two buyers secured two penthouses in Waterfall by Crown Group, to make their ultimate luxury homes.


Both three-bedroom super penthouses located in the highly-anticipated Waterfall by Crown Group development were sold to two buyers within one month. Demand for high end luxury properties continues persistently in Sydney property market.

Director of Project Sales, Prisca Edwards said the top end of the property market was strengthening and those apartments with outstanding design and quality from reputable developers were always in high demand.

“We are pleasantly surprised to see two of our Waterfall by Crown Group penthouses were sold in one month – one penthouse sold at the end of May and the other one at the end of June.” Mrs. Edwards said.

“We believe our buyers are looking for something unique and special, more than a nice apartment, but the best penthouse in the upcoming Waterloo area,”

“There is still strong interest for luxury apartments with superior quality. Properties at A-grade sites with unique selling points are still selling very well.”

Set to revolutionize the use of green space in Australian residential developments, the $395 million Waterfall by Crown Group features the most natural elements including a tranquil internal lagoon, lush rooftop escape, tropical bamboo walk and a 22m high Australia’s tallest man-made waterfall.

Designed by award-winning architects SJB, Waterfall by Crown Group will comprise three seven-storey buildings and an iconic 20-storey sculptural tower overlooking lush, tropical landscaping and a beautiful water garden. Public art is a key element within the development: Mika Utzon Popov, grandson of Sydney Opera House architect Jørn Utzon, is creating a large-scale artwork integrated in the design.

“Waterfall by Crown Group is leading a green revolution in sophisticated urban resort-style living, a perfect balance of luxury, nature and beauty offering residents ultimate luxury they could ever imagine,” Mrs. Edwards added.

"It’s also located right in the heart of Waterloo, a premium location for residents who travel for work as it’s just 10 minutes from the airport, 15 minutes to the city and 15 minutes to the beach.”

Waterfall by Crown Group offers a collection of 331 luxury apartments including studios, one, two and three-bedroom apartments, courtyard apartments and double-storey penthouses. The interiors offer fresh, natural modern luxury, utilising stone, timber and subtle hues.

The two oversized three-bedroom super penthouses feature luxuriously designed apartments, unrivaled resort-style amenities and a spectacular rooftop terrace with panoramic views of Sydney’s CBD.

“The market here in Sydney for super prime properties is growing faster than ever,” Mrs. Edwards said.

“We have seen the persistent demand for properties with great design and quality, particularly in Sydney, go on for long enough that you’re starting to see more buyers are recognising those of Crown Group’s developments.”

Due to completion in 2019, both penthouses will have Crown Group’s signature resort-style resident facilities including an Infinity rooftop pool with a sky garden and terrace, a recreational deck, a secluded bamboo-covered walkway, state-of-the-art cantilevered gym, a rooftop garden, a rooftop cinema, function room with a catering kitchen and music room with grand piano.

“It’s been proven to be a successful investment strategy to target Sydney’s luxury property market,” Mrs. Edwards said, “We’ve seen strong price growth in the upcoming Waterloo area, and you will probably continue to see the same dynamic play out over decades. It’s never too late to start investing wisely.”

A premium range of Waterfall by Crown Group apartments is now available for sale ranging from $699,000 to $1,881,000.

For more information, please visit www.crowngroup.com.au/waterfall .

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