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Sydney-based investment house Princeton has announced construction works for Eurangi, which takes its name from the original 100 year old building on site, a one-of-a-kind luxury living development in the heart of the Bondi beachfront.
With luxury minimalist architecture by award-winning architects MHND Union and contemporary interiors by Jo Lawless (Lawless & Meyerson), it offers a new way of living in Bondi Beach.
The $70-million development at 134-138 Campbell Parade marks a new era for Bondi Beach, according to Princeton.
A once bohemian beachfront village has emerged as a sophisticated world-class neighbourhood.
The residence with eight luxury apartments and an exquisite penthouse with 180 degree unobstructed views of the world’s most famous beach—a breathtaking blue horizon where water meets the sky.
According to founders of Princeton, George Gadallah and Craig Anderson, it’s a privilege to be part of creating a new world-class neighbourhood in a world-famous location.
“We are honored to be part of the celebration of this area, having just begun construction of Bondi’s newest luxury apartment building. This truly is unsurpassed Australian beachfront living and a new era for the locale,” Gadallah said.
The Eastern suburbs development is the first of its kind.
The project encompasses eight apartments (including two whole flow penthouse apartments) and ground-floor retail.
The interiors are in black and soft beige, mimicking the beach at night. Light concrete floors and soft stucco walls bring warmth to black timber and stone.
“This is a dream development for our company and we can’t wait to see it come to life in 2022,” Galldallah said.
“We have had a hugely successful year and it feels great to end it on a high with the commencement of such a luxury project.”
Eurangi Bondi Beach is due for completion early next year.
The project is financed by Princeton’s construction funding arm, the Princeton Mortgage Fund.
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