By Henry Clarkson
Has the Sydney property market really cooled that much? Or are the apartment hot spots still likely to pull in purchasers regardless of what else is happening in the city, especially with interest rates just having hit an all-time low.
With Darling Square’s first two residential blocks selling out in a matter of hours, it will be interesting to see if prospective purchasers are just as quick to pick up apartments in the complex’s final release later this month.
Studios and one, two and three bedrooms will be on offer from 28th May, and, as they are based in Sydney’s prestigious Darling Harbour redevelopment, Darling Square’s developers are confident there won’t be many left to choose from come the end of the day – even with a move-in date of 2019.
Jonathan Emery, Lendlease’s managing director of urban regeneration said: “Darling Square provides the first opportunity for people to live in Darling Harbour and we are thrilled to set a benchmark for the new Australian dream of inner-city living. People want to live in a cosmopolitan neighbourhood that offers both convenience and community spirit. Darling Square delivers all that and more, with everything on your doorstep.
“This is a hugely appealing prospect for a range of buyers from young professionals all the way through to families, who want to avoid the hassle of long commutes to the city and instead use that time more enjoyably.”
Designed by award-winning architect Richard Francis-Jones of FJMT, the three towers will overlook Darling Exchange, the civic centre to be built by Kengo Kuma Architects, one of the world’s most acclaimed architecture firms. Shared facilities for the Darling Rise, Arena and Barker House buildings will include a pool, landscaped gardens, BBQ, children’s play area, yoga room and outdoor space on the podium level.
FJMT design director Richard Francis-Jones said: “The design of Darling Square is a true integration of urban design, architecture and landscape architecture. We wanted to create a public space that accommodates and reflects human experience and ideas and builds on Darling Harbour’s aspiration to be Australia’s premier meeting place.
“We are incredibly excited that Darling Square will be thriving from day one,” Emery added. “All works are due for completion in 2019 at around the same time all residents will be moving in. People won’t have to live in a construction site, and it won’t be long before residents bump into the familiar faces of their neighbours in this new community.”
For more info call 1800 980 980 or log onto www.darlingsq.com.