Lendlease and Mitsubishi Estate Asia have surpassed $1 billion worth of sales at its One Circular Quay residential tower in Sydney.
More than 50% of residences have been pre-sold since its off-market launch in late-2022.
Designed by the late award-winning Australian architect Kerry Hill, the 58-level residential tower will soar 200 metres and include 158 residences.
All two, three and four-bedroom residences will offer dual icon views of the Sydney Harbour Bridge and Opera House.
Levels 50-55 will be home to six full-floor sub-penthouses, while levels 56-58 will be reserved for a three-level penthouse boasting five bedrooms, a private lift, floor-to-ceiling windows and a north-facing swimming pool and terrace.
“It’s an incredible milestone to reach $1 billion in sales having only launched to an exclusive database late last year, and with construction well underway, One Circular Quay is fast taking shape,” Tom Mackellar, Managing Director Development, Lendlease said.
“This iconic luxury residential tower, at one of the most prestigious addresses in the world, demonstrates real strength in Sydney’s residential market, and once again elevates Sydney’s real estate onto the world stage.”
The property will also offer a private indoor pool, gym, steam room and dedicated concierge services.
A 220-room Waldorf Astoria hotel will be delivered by Lendlease alongside One Circular Quay, marking the entry of Hilton’s iconic luxury brand into Australia.
In February this year, Lendlease and Mitsubishi Estate Asia exchanged contracts with Fiveight, the property division of Tattarang, for the sale and delivery of the hotel.
The One Circular Quay residences and Waldorf Astoria hotel are targeting completion in late 2026.