Crown Casino Apartments Melbourne For Sale
As Sydney’s house price falls near the dreaded 15 per cent mark, the harbour city’s prime residential market is still holding up with Crown Resorts’ recording more than $160 million in sales.
Great views across to crown 3000, Melbourne, City of Melbourne, Greater Melbourne, Victoria Here is a unique opportunity to acquire a 6th floor apartment which has great views of the Yarra river and Crown Casino. The Crown casino inquiry has heard that for the sale of 19.9% of Crown Resorts, major shareholder James Packer insisted on a $1.7bn deal with Lawrence Ho’s Macau-based Melco Resorts.
Just four ultra-high-end apartments sold off-the-plan for more than $40 million each at One Barangaroo, Knight Frank broker Erin Van Tuil confirmed.
Developed by James Packer’s Crown Resorts, the 71-storey, $2.2 billion project is about 16 months into construction, with level 33 scheduled to be poured by Lendlease in July.
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Sales for off-the-plan apartments in the luxury residential market have remained strong, with the four $40 million-plus sales at One Barangaroo adding to James Packer’s $60 million two-level apartment purchase in the tower.
The sales at One Barangaroo have been to predominantly local buyers, Van Tuil said.
And buyers can be sure that their harbour views will remain intact, after Crown and developer Lendlease launched a legal bid over site lines against the government’s Barangaroo Delivery Authority.
The Supreme Court delivered its decision in Crown’s favour in December.
Van Tuil said sales to date at One Barangaroo have been strong but declined to comment on the rumoured $100 million penthouse price tag.
“Although Sydney is probably ready for a $100 million sale.”
Related: Australia's Most Expensive Apartment Hits the Market
Crown Casino Apartments Melbourne For Sale Near Me
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