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_View to a thrill - Crown Residences at One Barangaroo

Crown Residences at One Barangaroo will set new standards for Sydney harbour-front living when they open in 2021. Knight Frank’s Erin van Tuil explains why.
October 24, 2019

Do you crave the luxury of fresh flowers waiting for you when you return home from your latest overseas trip? Or the convenience of fresh linens laid ready for you to rest on at the end of a busy day? Perhaps it is a bottle of rare wine, handpicked for your special guests, next time you are entertaining? There will be no limit to what can be requested when you choose to live in a Crown Residence at One Barangaroo in Sydney.

Sydney is renowned for its relaxed lifestyle, boutique shops, cafes, and exceptional restaurants, but it is the iconic harbour that makes this city shine. There is a certain je ne sais quoi about living in this cosmopolitan city that so many people love and return to. Sydney is not just about city living though, there are beautiful beaches and country escapes within easy reach and then spots like Barangaroo, an urban oasis nestled by the water.

Sydney is at its best at Barangaroo. In cafes and restaurants buzzing with activity, Sydney-siders enjoy alfresco dining and superb wine bars, while experiencing spectacular sunsets over Sydney Harbour from its abundance of green space. Located on the western edge of the CBD, Barangaroo is thriving and has truly become the destination to be in Sydney.

Image: Future icon – Crown Residences at One Barangaroo pierces the harbour skyline

Waterfront premium

This year Sydney was ranked third in the “Most Liveable Cities” index created by The Economist Intelligence Unit and globally, Australia is currently considered the third most preferred destination to buy luxury residential property. Ten years on from the global financial crisis, Sydney’s prime residential capital values, defined as the top 5% of the market by value, have grown by a total 71% to June 2019.

Global and local buyers are both attracted to the Sydney waterfront and in 2018, these properties generated an average premium of 89% when compared with similar properties located further inland without access to the harbour. Homeowners vie for the finest views of the Harbour Bridge and Opera House as it offers panoramic vistas of, and access to, one of the world’s most picturesque waterscapes.

And now Sydney introduces Crown Residences. However, these are not just any luxury waterfront properties in Sydney; this alluring waterfront property will be a masterpiece that not only embellishes the Sydney skyline, but is instantly recognisable from any vantage point once its doors open in 2021. From ground to apex, the building offers 71 storeys where 82 private residences sit atop 349 six-star Crown Resorts hotel rooms.

While almost any luxury development will bill the incomparable views one can enjoy, nothing quite compares to its location in the world’s most enviable harbour city. With minimal walls to obstruct and a pure glass façade wrapping the building, all residents will relish in the floor-to-ceiling windows, almost three metres high, giving multi-aspect views of the Harbour Bridge, iconic Opera House and beyond from the moment they wake up, to breakfast on the open-air balcony or a private moment soaking in a windows-edge, free-standing bathtub. 

Image: Something to sing about – a view from the penthouse

Style and service

The captivating architectural façade, designed by the genius WilkinsonEyre, is only a taste of the lifestyle behind its walls. Step into interiors designed by New York-based Meyer Davis Studios and immediately you are swept off your feet. The interior design emanates warmth and entertaining is front of mind; focal living spaces destined to bring people together, thanks to design elements such as European oak floors, ripple textured bronze glass, polished stainless steel and stunning veined marble slabs from the best quarries in the world.

A fortunate few will have a choice of two, three or four-bedroom Residences with a single, six-bedroom duplex penthouse also available. All oversized of course. 

With location, views, design and certainty being everything, what is left? Service of course.

As Australia’s leading hospitality provider, it seems the most natural fit that Crown Resorts would step in to provide its award-winning service.

“We are confident that our residents will appreciate the unique offering of this iconic building, brought to the market by Crown Resorts, which has a 20-year track record of delivering luxury hospitality in Australia,” says the company’s Todd Nisbet.

Life at Crown Residences will be about ease and convenience, with modern amenities such as in-residence dining, where meals are prepared by the integrated six-star hotel or, if you feel so inclined, you can venture to one of the in-house, handpicked restaurants situated downstairs. 

Fine dining

Book your table at your favourite restaurant or bar when friends come over simply by calling your dedicated concierge. Banish all guilt by working out in the state-of-the-art gym that enjoys the same views as your Residence, overlooking the majestic harbour or pamper yourself in the Blainey North-designed spa after a dip in one of the resort’s two infinity-edge pools.

The list of first-class amenities one can expect include: 24-hour residents’ concierge, valet parking, doorman, security, in-home dining and housekeeping with complete access to the resort-style facilities (tennis court, gym, residents’ pool, spa) and then some you wouldn’t normally expect like grocery stocking, dog walking, sommelier or a private chef. 

To be a resident of Crown Residences is to be treated as a permanent VIP of our hotel where the real indulgence is knowing that there is always someone looking out for you. Take comfort in knowing that  your everyday needs will be expertly executed here.

People may spend the year between several homes around the world or travel extensively for business or pleasure. The joy of Crown Residences is that you can call the concierge ahead of your arrival  and your linens are pressed and your fridge is stocked.

Image: The whisky bar offers a place to relax and enjoy fine spirits 

Investment potential

The starting price of these apartments, AU$9.5 million, may seem small to have such convenience at your fingertips. Enviable positioning, world-class amenities, award-winning service and international styling all drawn from the best the world has to offer. An appreciable investment for those who recognise the value – and benefits – of a hotel-branded residence like this, which can typically fetch a 25-33% and as much as 132% in some Asian cities, according to Knight Frank’s 2019 Branded Residences Report.

“Many of our purchasers are seeing Crown Residences as a convenient lifestyle  choice enabling them freedom from managing a large free-standing home and the associated costs. Our purchasers recognise that Crown Residences are truly unique, and they are confident that their investment will appreciate over time as an asset for the whole family to enjoy,” says  Mr Nisbet.

"Crown Residences are more than just a city pad; these are homes where your children, grandchildren and friends will gather to enjoy the best of times."

Sydney’s Crown Residences at One Barangaroo are already attracting the most discerning of buyers who desire more than just a home, they desire a residence that returns the ultimate luxury – time.

And the promise of luxury on this harbour is about to be fulfilled with Crown Residences construction past the halfway mark and running comfortably ahead of schedule.

Please contact Erin van Tuil to find out more on +61 409 325 700.