ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Project Focus: Potts Point Development Launched As Lockout Laws Drive Price Surge

1_620x380

Sitting on the corner of Bayswater and Ward Roads Potts Point, and developed by listed Singaporean property developer Roxy Pacific, sits The Hensley - two heritage terraces with 44 apartments, beautifully updated with modern renders and converted into stunning contemporary homes but with luxurious old- world high ceilings. Behind this historic façade, a striking contemporary structure graduates from brick to modern steel and glass with architecture in one of Australia's most renowned suburbs.

Some local agents have reported that Mike Baird's lockout laws have created a surge in sales prices in the region once known for late night partying. In early May, a two-bedroom apartment on Bayswater Road, Potts Point, reportedly sold for $1.63 million – $230,000 over reserve – proving the area as an emerging residential hot spot and an intriguing case study in the developmental effects of Sydney's lockout laws.

Three bedroom apartment render of The Hensley[/caption]Premium finishes include marble benchtops, herringbone floors, exposed brick feature walls, oak cabinetry and crafted joinery.

The Hensley makes a bold architectural statement – a one-of-a-kind addition to Potts Point with a communal rooftop terrace with views to the city.

Marketing agents CBRE could not be contacted for price information.

About Roxy Pacific

Established for over 50 years ago, Roxy-Pacific has built a reputation for developing high-quality hotel and residential properties. Its residential arm focuses on creating unique, beautiful homes for owner-occupiers, in premium locations.

Roxy-Pacific has developed over 3000 residential apartments in its rich history.

From its origins in Singapore, it has recently expanded to Australia, where it has other developments underway in Glebe, Killara, Sydney CBD, Brisbane & Perth.


About Woods Bagot

Woods Bagot is a global design and consulting firm, with a team working across Australia, Asia, the Middle East, Europe and North America. Its diverse portfolio spans more than 140 years and has shaped a legacy of design excellence and innovation.

Woods Bagot won the design competition for The Hensley with a bold vision that reflected the heritage and uniqueness of Potts Point.

ADVERTISEMENT
TOP STORIES
CONTRIBUTE TO THE CONVERSATION
Show Comments
advertise with us
The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Connect your business with business and reach out to our partnerships team today.
Article originally posted at: https://theurbandeveloper.com/articles/project-focus-potts-point-development-launched-as-lockout-laws-create-price-surge