Highland instigates $21 million buying spree in the heart of The Rocks
The recently completed Harrington Collection by Hannas and Golden Age Group has been swamped with interest to accrue over $21 million in sales after spending less than eight weeks on the market in the hands of selling agents Highland.
Cashed up buyers have descended on the project, which has been hailed as the ‘last of its’ kind premium apartment offering for The Rocks precinct.
The $350 million Harrington collection encompasses 58 one-, two- and three-bedroom apartments atop a ground floor collection of terrace homes, and has proved to be a quick hit with both investors and downsizers.
Sales to date include the $5.3 million sale of a 3-bedroom apartment to a local buyer enticed by the coveted harbourside positioning, and the $3.99 million sale of a two-bedroom unit to another owner occupier.
Two terrace homes sold for a collective $12 million to a single Melbourne buyer who secured one home as a place of temporary residence for Sydney visits, and the other as an investment opportunity.
The terrace collection has been conceived in two key design styles – a contemporary Manhattan Soho range, and a historic collection of refurbished terraces that originally occupied the site.
“We’ve fielded fierce enquiry for The Harrington Collection from the moment it hit the market, with both local and interstate buyers quickly recognising the rarity and exclusivity offered by the project’s harbourside location,” said Daniel Baran, Sales Agent of exclusive selling agency, Highland.
“The key selling points have been vantage and proximity, elevated by immaculate design. The Harrington Collection is home to world class views over some of Australia’s most famous sites, while being grounded by the city’s undisputed lifestyle capital.”
The project is now over 80% sold with final apartment supply in the lavish collection quickly diminishing.
“As it was, the project was a rare gem among the Sydney cityscape – being one of the only large-scale residential projects to have gained approval in The Rocks precinct in the past 8 years. With apartments being snatched up at the rate they are, its only a matter of weeks before this rare shot at immersive Sydney Harbour living is gone for good.”
Crowning the collection is a 483 sqm penthouse spanning two levels and gazing upon iconic views of Sydney Harbour Bridge, Opera House and Circular Quay, which just last month hit the market with a staggering $40 million price tag.
The penthouse also includes its own 140sqm private rooftop terrace.
Construction on the project wrapped at the end of 2021, with April marking the first time the penthouse doors have been opened to the public to reveal a fully styled apartment and first-hand experience of the sky home’s world class views.
The Harrington Collection has just been nominated as a finalist in The Urban Developer Awards for Industry Excellence in the category of ‘Development of the Year – Medium-Density Residential’.
Sales enquiries for the penthouse or any the remaining residences can be directed to Daniel Baran or David Highland on 1300 176 070.