Major Mixed-Use Development For Willoughby

After winning a number of industry awards for its last project, Eliza in Sydney&#x27;s CBD, boutique developer Ceerose has turned its focus to the Lower North Shore. The Mint, Willoughby will comprise 104 apartments, two commercial offices totalling 770sqm, a 550sqm retail showroom, and 154 parking bays on a prominent 4,660sqm site fronting Mowbray Road, Willoughby Road and Penshurst Street. Ceerose founder Edward Doueihi says the location has the right combination of attributes to ensure a successful development. &quot;We look at dozens of sites every month but have very strict requirements with regards to premium locations that offer amenity, transport and lack of competition,&quot; Mr Doueihi said. &quot;Once we have these key elements we then undertake a meticulous design process to ensure the quality of the architecture is consistent with the very high standards of construction we live by.&quot; The international real estate agency Savills Residential Projects has been active in the Lower North Shore for a couple of years and says the region outperforms all others. Head of Residential Project Marketing For Savills Ged Rockliff said, &quot;Willoughby is a suburb where demand far exceeds supply, and property here is tightly held.&quot; &quot;Our research shows just 55 apartments changed hands in the past year, and the median unit price increased by 12.15%. &quot;Given the quality of the Ceerose brand, owner occupiers and investors alike will be able to purchase here with the confidence of knowing their investment will set a benchmark in the region.&quot; Ceerose&#x27;s Eden at Chippendale Plans show that The Mint, Willoughby comprises two buildings linked by a central open-air atrium, with frontages to the three major thoroughfares. Each building has a separate entrance and two high-speed lifts. There are 58 different apartment layouts at The Mint, Willoughby , and no two floors are the same. The company&#x27;s 17-storey Eliza in Elizabeth Street is widely regarded as the most artistic apartment building in Sydney as every floor is a different shape. Ceerose is also nearing completion of Harbour Mill at Pyrmont which cleverly weaves modern apartments within the remnant facade of a flour mill built in 1896. Eliza on Elizabeth Street in Sydney CBD Ceerose was founded in 1998 by Mr Doueihi and has expanded to become a full service property development and construction company. The licensed builder continues to maintain a hands-on approach, delivering award-winning apartment developments such as Jade in Sussex Street, Sydney, Eden at Chippendale and DNA at Camperdown. &quot;We are agile enough to take advantage of opportunities as they arise - ranging from boutique residential developments to large scale mixed-use developments - and we are not constrained by unnecessary management layers, outmoded corporate culture or timid decision-making. This means we can get a project started quickly and efficiently, and see that project through to completion,&quot; Mr Doueihi said. Savills&#x27; Mr Rockliff says the prestige of the Ceerose brand - which is reflected in the penthouse at Eliza selling for more than $12 million - will heighten demand for The Mint, Willoughby . &quot;This particular project will appeal to a broad cross section of buyers who are looking for a quality apartment that is blessed by its proximity to schools, high street retail, recreational precincts and within 15 minutes of the CBD by bus,&quot; he said.

Major Mixed-Use Development For Willoughby

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