Abbie's Lane - 8 McCarthy Lane Annandale

Among the residential projects contributing to Sydney's crane count are Viciniti and Destination in Macquarie Park with five cranes, and Deicorp's Tallawong Village with four cranes

Sydney's residential tower activity remained stable in the first quarter of 2024.

According to the latest RLB Crane Index® for Q1 2024, there were seven fewer residential cranes compared to Q3 2023. There are 251 cranes active across Sydney currently, which is 64 per cent of Sydney's total crane count.

The index, which tracks crane counts as a proxy for construction activity, indicates that New South Wales continues to be a powerhouse in construction, accounting for nearly half of all cranes in the country.

Nationally, the crane count stands at 869, marking the second-highest count in the history of the index. Of these, 540 cranes are engaged in residential projects.

Among the residential projects contributing to Sydney's crane count are <a href="/buildings/viciniti-2-10-cottonwood-crescent-macquarie-park">Viciniti</a> and <a href="https://www.urban.com.au/buildings/destination-114-talavera-road-macquarie-park">Destination</a> in <a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a> with five cranes, and Deicorp's&nbsp;<a href="/new-apartments/tallawong-village-rouse-hill-shop-30-12-conferta-avenue-tallawong">Tallawong Village</a> with four cranes.

[smartcode_project:default project_id=106821 project_image_fid=215904]

Certain regions across Sydney saw&nbsp;increased crane activity quarter on quarter. The eastern and northern parts of the city experienced a rise in the number of cranes, while the western region recorded a decrease in crane activity.

Inner Sydney (CBD and surrounds) saw the addition of 37 cranes, against the removal of 41 cranes. This brings the total number of cranes to 86 cranes.

There were new cranes added to ICD's <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersall Club redevelopment</a> on Pitt Street, as well as Annandale's <a href="https://www.urban.com.au/new-apartments/abbies-lane-8-mccarthy-lane-annandale">Abbie's Lane</a> by <a href="https://www.urban.com.au/developers/ceerose">Ceerose</a>. One Circular Quay saw a crane added, as did Greenland's Park Sydney.

Despite being two of Australia's most populated cities, Sydney has 196 more cranes in the sky than <a href="https://www.urban.com.au/new-apartments/melbourne-vic">Melbourne</a>, which is contributing to the huge undersupply of new property in the Victorian capital.

Urban Editorial

Sydney's residential crane activity remains strong: RLB Crane Index Q1 2024

The distinctive five-level building at 8 McCarthy Lane will home 42 studio, one, two and three-bedroom apartments

The private development firm&nbsp;Eranna Development has launched Abbie&#39;s Lane, a new apartment development in Annandale in Sydney&#39;s inner west.

The distinctive five-level building, to be built by Ceerose at 8 McCarthy Lane, will home 42 studio, one, two and three-bedroom apartments.

Abbie&#39;s Lane has been designed by PBD Architects, whose primary target was to create an &#39;outside-in&#39; approach and village feel for residents, achieved by the inclusion of Abbie&#39;s Lawn, a landscaped courtyard that sits in between the built form.

There&#39;s further outdoor green space crowning the building. Abbie&#39;s Rooftop will act as a community hub for residents, and feature&nbsp;barbecue facilities for&nbsp;exclusive resident use. Ground floor retail can also be found at Abbie&rsquo;s Lane &ndash; bringing a sense of vibrancy to the street level.

Edward Doueihi, Managing Director of Ceerose, said careful consideration of the historical streetscape character is reflected through intricate design to create an urban retreat.

&quot;The development adopts a sympathetic material pallet that respects the heritage significance and aesthetics that Annandale is known for,&quot; Doueihi says.

[smartcode_project:default project_id=108871 project_image_fid=180438]

&quot;Abbie&rsquo;s Lane is thoughtfully designed by PBD Architects and will be a valuable addition to the neighbourhood.&rdquo;

PBD Architects Managing Director Paul Buljevic says the built form explores the concept of solidity versus openness.

&quot;The fa&ccedil;ade&rsquo;s brickwork and powder coated metal will complement the historical roots of Annandale with a contemporary aesthetic.

&quot;We employed sustainable strategies to maximise the flow of natural air and improve ventilation across the development.

&ldquo;Abbie&rsquo;s Lane&rsquo;s striking exterior is focused on protection and solidity, while the interior balances restorative calm. The use of natural textures and refined simplicity will be on display throughout the apartments.

[smartcode_project:default project_id=108871 project_image_fid=180439]

Colliers are handling the marketing of Abbie&#39;s Lane, with prices starting from $750,000.

Daniel McMahon, Director - Residential at Colliers says Abbie&rsquo;s Lane represents a unique offering in the Inner West and is one of the first new projects in Annandale that will capitalise on growth plans in the area.

&quot;Annandale&rsquo;s easy accessibility to Sydney CBD, Blackwattle Bay, Barangaroo and popular universities make Abbie&rsquo;s Lane a very appealing location for both owner occupiers and savvy investors.

&ldquo;There is a limited number of new apartment projects in the suburb, ensuring Abbie&rsquo;s Lane is ideally positioned in the marketplace.

&quot;Conveniently located on the city fringe, the development&rsquo;s high-quality apartment offering complimented by a friendly village lifestyle will draw a wide mix of buyers.&rdquo;

Abbie&rsquo;s Lane apartments have been designed to take advantage of the building&rsquo;s frontages capturing sunlight, summer breezes and leafy street views.

The apartments feature private courtyards, large outdoor spaces, wide frontages and a select few even have built-in fireplaces. Bathrooms will feature porcelain tiles and mosaics,&nbsp;Parisi tapware, basins and bathtubs. Light and dark schemes in the kitchen will be complimented by stone benchtops and a splashback, custom joinery and timber floorboards.

Situated on&nbsp;1,765 sqm, Abbie&rsquo;s Lane is next door to the Annandale Hotel, Annandale Public School is a short 700 metre walk, while Annandale Village is within 950 metres. Sydney University, the University of Technology Sydney and RPA Hospital are all within 2.8 kilometres.

Abbie's Lane

Pricing

Bedrooms

Apartments

Estimated completion date

New Apartments for sale in Abbie's Lane, Annandale

Development information for Abbie's Lane

Meet the team behind Abbie's Lane

Location of Abbie's Lane

News about Abbie's Lane

Sydney's residential crane activity remains strong: RLB Crane Index Q1 2024

Eranna launch Annandale apartments, Abbie's Lane

You may also like

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.